PetroVietnam: Su Tu Trang Field Starts Gas Production

HANOI - The Su Tu Trang field offshore southern Vietnam has started gas production, one month ahead of schedule, state-run Vietnam Oil and Gas Group, or PetroVietnam, said Friday.

The field in Block 15.1 in the Cuu Long basin is operated by Cuu Long Joint Operating Co., PetroVietnam said in a statement.

It didn't provide the field's capacity but said operations at the field have raised Cuu Long JOC's daily output to 1.3 million cubic meters.

Cuu Long JOC is also producing 40,000 barrels of crude oil a day.

The company is 50% owned by PetroVietnam Exploration and Production. ConocoPhillips owns 23.25%, Korea National Oil Corp. 14.25%, SK Innovation has 9% and Geopetrol SA 3.50%.

Copyright (c) 2012 Dow Jones & Company, Inc.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Nitrogen Operator
Expertise: Maintenance Technician|Production Operator|Truck / HGV Driver
Location: Odessa, TX
Slickline and E-Line Operators, Location: Rosharon, TX
Expertise: Production Operator|Slickline|Wireline
Location: Rosharon, TX
United States Prudhoe Bay: Operator Assistant I to Service Operator I- Ceme
Expertise: Cementing|Production Operator
Location: Prudhoe Bay, AK
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours