G12/48 is a producing conventional gas field located in shallow water in Thailand and is operated by PTTEP International. The field is located in block G12/48, with water depth of 194 feet.

Field participation details

The field is owned by TotalEnergies and PTT Public.


Production from G12/48

The G12/48 conventional gas field recovered 11.47% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 0.67 thousand bpd of crude oil and condensate and 33 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2064. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 30.58 Mmboe, comprised of 3.35 Mmbbl of crude oil & condensate and 163.39 bcf of natural gas reserves. G12/48 conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.