Talisman details Asia/Pacific programs

Talisman Energy expects to spend $700-800 million this year on various projects in the Asia/Pacific region. Exploration will account for around one-third of the budget.

Jan 11th, 2011

Offshore staff

CALGARY, Canada -- Talisman Energy expects to spend $700-800 million this year on various projects in the Asia/Pacific region. Exploration will account for around one-third of the budget.

Major activities will include infill drilling at the PM-3 CAA complex in the offshore Malaysia/Vietnam development area. Talisman also will aim to sanction the HST/HSD development concept in block 15-02 offshore Vietnam.

In the South Makassar region offshore Indonesia, Talisman plans to drill the deepwater Lempuk-1 well and to sustain its program of seismic acquisition in the area.

Elsewhere, it will acquire 3D seismic data over two offshore Sabah exploration blocks in Malaysia and in Vietnam's Nam Con Son basin. In the Timor Sea off northern Australia, Talisman is participating in the ENI-operated Kitan development.

01/11/2011

More in Regional Reports
The Andaman II PSC is a 7,400-sq km (2,857-sq mi) block over the North Sumatra basin in the Malacca Strait, offshore Indonesia.
KrisEnergy to exit Andaman II PSC
KrisEnergy Ltd. has accepted a binding letter of offer by an unnamed major international oil and gas company to sell its 30% non-operated working interest in the Andaman II production-sharing contract in the Malacca Strait, offshore Indonesia.
Oct 29th, 2019
Location of the BM-S-54 concession in the presalt Santos basin offshore Brazil.
Ecopetrol joins Gato do Mato discovery offshore Brazil
Ecopetrol Óleo e Gás do Brasil Ltda has entered into an agreement with Shell Brasil Petróleo Ltda. to acquire 30% interest in two areas corresponding to the BM-S-54 concession agreement and the Sul de Gato do Mato shared production agreement.
Oct 22nd, 2019
Uruguay open round offshore blocks.
Uruguay open round presents unique offshore frontier opportunity
Uruguay is a reliable and stable country with above-ground risks minimized, which counterbalances the high exploratory risk.
Oct 21st, 2019
Prospects mapped in Lebanon share the same trends as those discoveries in the Eastern Mediterranean.
Lebanon offering more offshore blocks as majors prepare to start drilling
Lebanon has opened more offshore blocks to exploration under the country’s second licensing round.
Oct 21st, 2019
The Stena Forth, having drilled the Joe discovery well offshore Guyana, was due to transfer across the Atlantic for a new campaign offshore Ghana.
Global E&P
Oct 21st, 2019
How the Pioneering Spirit might remove and transport the redundant Gyda platform jacket.
Offshore Europe
Oct 21st, 2019
Talos Energy has secured a two-year extension to block 7 in the Sureste basin offshore Mexico.
Gulf of Mexico
Oct 21st, 2019
Ghasha ultra-sour gas concession offshore Abu Dhabi.
Lukoil joins Ghasha gas project offshore Abu Dhabi
The Abu Dhabi government and the ADNOC have awarded PJSC Lukoil Oil Co. a 5% stake in the offshore Ghasha ultra-sour gas concession.
Oct 15th, 2019
Block C-M-541 in the Campos basin is in a water depth of about 3,000 m (9,842 ft).
Majors detail offshore Brazil block awards
Brazil’s 16th bid round concluded with the award of 12 of the 36 offshore blocks offered, according to the National Agency of Petroleum, Natural Gas and Biofuels.
Oct 10th, 2019
Blocks POT-M-857, POT-M-863, and POT-M-865 in the Potiguar basin offshore northeastern Brazil.
Murphy to join Wintershall Dea in three blocks offshore Brazil
Wintershall Dea has agreed to farm down a 30% participating interest in three blocks in the Potiguar basin offshore Brazil to Murphy Brasil Exploração e Produção de Petróleo e Gás Ltda.
Oct 10th, 2019
Australia Map
Equinor awarded permit offshore Western Australia
Equinor has secured a new exploration permit in the Northern Carnarvon basin offshore Western Australia.
Oct 10th, 2019
Greater Buchan Area in the UK central North Sea.
Equinor declines North Sea Buchan area farm-in offer
Rockflow Resources has issued its report for operator Jersey Oil & Gas on resources in the Greater Buchan Area in the UK central North Sea.
Oct 8th, 2019
License P2366 in the UK central North Sea.
Hibiscus planning North Sea Crown-Marigold tieback
Anasuria Hibiscus UK has conditionally agreed to acquire license P2366 in the UK central North Sea from United Oil & Gas and Swift Exploration for up to $5 million.
Oct 8th, 2019
The FSO Gagak Rimang at the Banyu Urip oil field on the Cepu block offshore Indonesia.
ExxonMobil re-assessing Far East goals
ExxonMobil may look to sell further upstream interests in the Asia/Pacific region to help reach its global divestment target of $15 billion of assets by 2021.
Oct 7th, 2019