Talisman Energy announces first production from Rev Field

Jan 26, 2009 01:00 AM

Talisman Energy announced first gas production from the Rev Field in Norway.
The field is expected to produce at a plateau rate of 100 mm cfpd of gas and 6,000 bpd of condensate and natural gas liquids from two subsea wells. A third producer, the Rev East well, is expected to be brought on-stream later in 2009. Talisman's share of proved and probable reserves in the Rev Field at year end 2007 is estimated at 26 mm boe, with proved reserves of 16 mm boe.

Talisman Energy Norge, a wholly-owned subsidiary of Talisman Energy, has a 70 % interest in the field, with Petoro holding the remaining 30 %. Production is transported via a nine km pipeline to the Armada platform in the UK, operated by BG International (CNS), for processing and final export to the UK.
Talisman Energy is an independent upstream oil and gas company headquartered in Calgary, Alberta, Canada. The company and its subsidiaries have operations in North America, the North Sea, Southeast Asia and North Africa. Talisman's subsidiaries are also active in a number of other international areas. Talisman is committed to conducting its business in an ethically, socially and environmentally responsible manner. The company is a participant in the United Nations Global Compact and included in the Dow Jones Sustainability (North America) Index.