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
 -  Indonesia's PT Elnusa Posts Net Profit... (Apr 25)
 -  Myanmar to Sign PSCs for Onshore Block... (Apr 24)
 -  PTTEP's Subsidiaries to Acquire Hess' ... (Apr 23)
 -  Petronas Eyes Brazil, Russia, India an... (Apr 21)
 -  Keppel O&M's Net Profit Rises 11% in 1... (Apr 17)
Most Popular Articles
From the Career Center
Jobs that may interest you
Equipment Operator (TRS)
Expertise: Heavy Machinery Operator, Production Operator
Location: Vernal, UT
 
Senior Project Manager (SURF Installation)
Expertise: Subsea Engineering
Location: Houston, TX
 
Completions Engineer
Expertise: Drilling Engineering, Workover or Completion
Location: Houston, TX
 
search for more jobs