Talisman said that gross production is anticipated to reach 15,000 bbls/day once the facilities are fully commissioned.

The HST/HSD development includes two offshore oil fields, which were discovered within Block 15-2/01, on the western edge of Vietnam’s prolific Cuu Long Basin.

Thang Long Joint Operating Company (TLJOC) is operator of Block 15-2/01, where Talisman (Vietnam 15-2/01) has a 60% working interest, while PVEP holds the remaining 40%.

Located 75km offshore Southern Vietnam in shallow water (45 metres), the development include two wellhead platforms, which have been tied back to the existing Te Giac Trang floating production, storage and offloading (FPSO) unit.

Talisman has drilled, completed and tied-in four wells at HST, and used PV Drilling to complete and tie-in two previously drilled wells at HSD.