Talisman: N. Africa, S. America Production Increases Spur Addtl Exploration

Talisman Energy reported that in North Africa, production averaged 16,342 boe/d, a 2% increase over the same period in 2007. Production in Algeria increased over 2007 due to the tie-in of new production and injection wells as part of the Greater MLN Phase 2 project. The Phase 2 expanded gas injection facilities are being commissioned.

In Trinidad and Tobago, production averaged 5,690 bbls/d, a 6% increase over the same period a year earlier, as increases from 2007 development drilling were partly offset by natural declines. Pre-development activities continue for the Angostura Phase 2 gas development project.

In Peru, preparations continue towards drilling an appraisal well at the Situche discovery, which is expected to spud at the end of 2008.


Our Privacy Pledge

Most Popular Articles
Related Articles

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours