Source Pravda.Ru

Talisman/Amerada North Sea Halley Oil Field Starts Production

Talisman Energy, Canada's number six oil group, and Amerada Hess of the US said that they have begun oil production from a new field in the UK North Sea.

The Halley field started producing 15,000 barrels of oil a day yesterday, Talisman said in a statement. The field, which holds about eleven million barrels of reserves, is expected to reach normal daily production of about twenty thousand barrels within a few days from now.

Talisman boosted oil output from the North Sea in the first quarter by twenty six percent to an average 132,718 barrels a day. The Calgary based company has been exploring and buying oilfields that larger companies have passed over because of their size.

“The Halley field was discovered twenty years ago, and Talisman has overcome significant challenges in a relatively short timescale to successfully commercialize this previously stranded asset,” said Chief Executive Officer Jim Buckee in the statement.

©

&to=http://www.hess.com/' target=_blank>Amerada Hess

&to=http://www.talisman-energy.com/' target=_blank>Talisman Energy

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases