CALGARY (Yosefardi) – Talisman Energy Inc. reported its production from continuing operations in Indonesia averaged 73,000 boe/d in third quarter of this year, slightly lower than both the previous quarter and same period last year.
Gas sales are expected to increase after completion of facility upgrades and tie-in work at Corridor during the fourth quarter.
In Malaysia, production averaged 34,000 boe/d, down 15% from the prior quarter. In Vietnam, production averaged 14,000 boe/d in the quarter, significantly higher than both the previous quarter and the same period last year.
Southeast Asia production averaged 125,000 boe/d in the third quarter, slightly lower than the previous quarter and in line with the same period last year.
Compared to the second quarter, a full quarter of oil production from HST/HSD in Vietnam was offset by planned turnarounds in Malaysia, lower seasonal demand in Indonesia and declines in Australia.
Natural gas production for the quarter averaged 491 mmcf/d, with prices averaging $9.41/mcf and netbacks of $5.18/mcf. Gas production was down 5% from the previous quarter due to planned turnarounds in Malaysia and lower seasonal demand due to the Eid holidays in Indonesia.