Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

PTTEP Resumes Oil Production at Montara Field

change text size

PTT Exploration and Production Public Company Limited (PTTEP), announced that PTTEP Australasia (Ashmore Cartier) Pty Ltd, a wholly owned subsidiary of PTTEP, has started to introduce hydrocarbon to the Montara Venture floating production storage and offloading (FPSO) facility at the beginning of June in the Montara field offshore Western Australia.

The Thailand-based oil and gas company said the Montara Venture FPSO achieved steady production June 12.

Oil production at the Montara field is projected to ramp up to 21,000 barrels per day (bopd) initially. Production is expected to rise to 30,000 bopd following completion of one additional development well scheduled for the second half of 2013. The first crude oil sales offtake is expected in August this year, PTTEP said in a statement to the Stock Exchange of Thailand.



Cheang has covered the upstream and downstream sectors of the oil and gas industry for over a decade. Email Cheang at cheeyew.cheang@rigzone.com.

WHAT DO YOU THINK?

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

More from this Author
Cheang Chee Yew
APAC Editor | Rigzone.com
 -  New Zealand Pushes Ahead to Grow Upstr... (Aug 28)
 -  First Oil Flows at CNOOC's Wenchang 13... (Aug 26)
 -  Will Widodo Succeed in Reforming Indon... (Aug 21)
 -  Siemens PLM Software Offers Solutions ... (Aug 13)
 -  Vietnam's Services Firms Look Overseas... (Aug 7)
Most Popular Articles
From the Career Center
Jobs that may interest you
Production Operator
Expertise: Production Operator
Location: Baytown, TX
 
Senior Controls Engineer
Expertise: Electrical Engineering, Subsea Engineering
Location: Houston, TX
 
Product Manager - Subsea Tree Systems
Expertise: Mechanical Engineering, Subsea Engineering
Location: Houston, TX
 
search for more jobs