Production facilities coming together on Chim Sáo

Premier Oil says its Chim Sáo development project offshore southern Vietnam is on schedule for start-up in July 2011.

Offshore staff

LONDON– Premier Oil says its Chim Sáo development project offshore southern Vietnam is on schedule for start-up in July 2011.

The gas export pipeline has been laid and tie in of the subsea lines and manifolds is in progress. Topsides installation is due later this month, while development drilling started ahead of schedule in June.

The FPSO conversion is proceeding as planned in Singapore, with sail away expected early in 2011.

On the Dua field in the same area, subsurface and facilities work is nearing completion. Next-stage, concept selection is imminent.

Premier says the Cá Rong Ðo discovery in block 07/03 should be appraised during 1Q 2011 at the latest, subject to rig availability.

It is lining up further exploration in this region in 2011, including two near-field wells on the Natuna Sea block A offshore Indonesia, the first of which will be drilled in next spring, and one well each on blocks 07/03 and 104-109/05 off Vietnam as well as a second well on the Tuna block to test the Belut Laut prospect

Early this month, Premier’s Gajah Baru development off Indonesia was 58% complete. Wellhead platform and jacket installation should go ahead in September followed by first production in October 2011.

Elsewhere in the Indonesian sector, the Pelikan and Naga developments in block A have been brought forward by two years to meet increased gas demand projections in Singapore. Production start up is now planned for 2013 and 2014, respectively.

07/15/2010

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