Tê Giác Trắng oilfield

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Te Giac Trang field
Country Vietnam
Region South China Sea
Location Cuu Long Basin
Block 16-1
Offshore/onshore Offshore
Operator Hoang Long JOC (partnership of PetroVietnam, SOCO International, PTTEP, OPECO)
Partners Hoang Long JOC
SOCO
Field history
Discovery 2003
Start of development 2009
Start of production 22 August 2011
Production
Current production of oil 55,000 barrels per day (~2.7×10^6 t/a)
Current production of gas 30×10^6 cu ft/d (850×10^3 m3/d)
Estimated oil in place 300 million barrels (~4.1×10^7 t)
Producing formations Miocene sandstone

The Te Giac Trang field (White Rhinoceros field) is an offshore oil field in the Cuu Long Basin in the South China Sea, southeast of Vũng Tàu, Vietnam. The field is located in the block 16-1.[1]

The field was discovered in 2003. The field lies at a water depth of 45 metres (148 ft). The reservoir of Miocene sandstone is estimated to have 300 million barrels (48×10^6 m3) of oil equivalent.[2]

The development plan was approved in September 2009 and production started on 22 August 2011 by PetroVietnam jack-up platform PVD-II.[3][4] The second platform, WHP-H4, started operations on 9 July 2012.[5][6] Sixteen production wells are connected to two wellhead platforms. Oil is collected by a FPSO while gas will be exported to the Bạch Hổ platform.[1][3] The FPSO Armada TGT 1 was converted from a Suezmax tanker by Keppel Offshore and Marine.[1][2]

The field is operated by Hoang Long JOC, a partnership between PetroVietnam (41%), SOCO International (28.5%), PTT Exploration and Production (28.5%), and OPECO (2%). Hoang Long JOC holds 50% interest in the field while rest of 50% is held by SOCO.[1][2]

References[edit]

  1. ^ a b c d "Te Giac Trang (White Rhinoceros)". SubSeaIQ. Retrieved 2013-02-16. 
  2. ^ a b c "Te Giac Trang Oilfield, Cuu Long Basin, Vietnam". Offshore-Technology. Net Resources International. Retrieved 2013-02-16. 
  3. ^ a b Petzet, Alan (2011-08-22). "Te Giac Trang oil, gas field starts up off Vietnam". Oil & Gas Journal. PennWell Corporation. Retrieved 2013-02-16. 
  4. ^ "Production building at TGT offshore Vietnam". Offshore Magazine. PennWell Corporation. 2012-11-01. Retrieved 2013-02-16. 
  5. ^ "H4 wellhead platform offshore Vietnam begins production". Offshore Magazine. PennWell Corporation. 2012-07-09. Retrieved 2013-02-16. 
  6. ^ "Vietnam TGT partners to drill offshore on southern fault block". Offshore Magazine. PennWell Corporation. 2013-02-13. Retrieved 2013-02-16.