SOCO ramps up production in Vietnam

Oil and gas group SOCO saw a fourfold year-on-year increase in output in the first three quarters of the year, helped by an early start to production at its Te Giac Trang (TGT) project in Vietnam.

Oil and gas group SOCO saw a fourfold year-on-year increase in output in the first three quarters of the year, helped by an early start to production at its Te Giac Trang (TGT) project in Vietnam.

Production for the nine months to September 30th was around 400% higher than the same period of 2011 and averaged 13,755 barrels of oil equivalent per day (BOEPD) net to the company's working interest. This has since increased to 18,824boepd in the week ended October 26th.

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