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Production soaring at Soco
Soco International said yesterday that oil and gas production for the first quarter was soaring, averaging 11,690 barrels of oil equivalent per day (boepd). The total is three-and-a-half times higher than the amount produced in the same period last year. The company also said production at Te Giac Trang in Vietnam would begin ahead of schedule and ramp up to around 55,000 barrels of oil per day.