Te Giac Trang Oil And Gas Field

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Vietnam Oil & Gas Fields

PetroVietnam Oil & Gas Fields

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Summary Information

  • Operator: Hoang Long Joint Operating Company ('HLJOC')
  • Country: Vietnam
  • Location: North of Block 16-1, off the southern coast
  • Production start: 2011
  • Partners: PetroVietnam, PTTEP, SOCO
  • Type: Oil & Gas
  • Estimated Reserves:
  • Production Volume: The production from the field is expected to reach approximately 40,000 bpd of crude oil and 30 million cubic feet per day

Description

  • The development is comprised of a Floating, Production, Storage and Offloading vessel ('FPSO'), two Well Head Platforms (H1 and H4 areas), and a subsea pipeline system to transport hydrocarbons, gas export, gas lift and water for injection.
  • Crude oil from the TGT Field is transported via a subsea pipeline system to the 'Armada TGT 1 FPSO', which has a name plate processing capacity of 55,000 barrels of oil per day ('BOPD'), where it is processed, stored and exported via tankers to regional oil refineries.
  • Gas will be transported through a pipeline to the nearby Bach Ho Facilities for processing and transportation to shore via the existing pipeline infrastructure for further distribution to meet domestic demand. TGT oil output is expected to plateau at approximately 55,000 BOPD and gas production will be approximately 30 million cubic feet per day.

Contractors

  • Keppel: FPSO conversion
  • KWSubsea: FEED study
  • McDermott: Transportation and Installation of jackets, drill decks, boat landings, topside, pipelines, SSIV, PLEM, J-tube, umbilical

History

  • 2005 - The TGT Field was discovered in August
  • 2009 - The field was approved for the initial development by the Government of Vietnam
  • 2011 - Financing agreement signed for the FPSO vessel
  • 2011 - TGT Field Produces First Oil
  • 2012 - Commencement of Production from Second Te Giac Trang Platform
  • 2013 - The FPSO successfully processed sustained production of over 60,000 bopd

Geology

Links

  1. KWSubsea Subsea References
  2. McDermott Platform References
  3. Petroleum Discoveries, Vietnam 16-1 Project
  4. Bumi Armada Signs USD341.1 Million Financing For Its Vietnamese FPSO Armada TGT
  5. TGT Field Produces First Oil
  6. PTTEP starts first oil production from Vietnam 16-1
  7. Commencement of Production from Second Te Giac Trang Platform
  8. SOCO International Operations Update

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