Kaphong is a producing conventional gas field located in shallow water in Thailand and is operated by Chevron Thailand Exploration and Production. The field is located in block B10, with water depth of 226 feet.
Field participation details
The field is owned by Chevron, Mitsui and PTT Public.
Production from Kaphong
The Kaphong conventional gas field recovered 88.90% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 9.97 thousand bpd of crude oil and condensate and 123 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2024. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 13.77 Mmboe, comprised of 10.67 Mmbbl of crude oil & condensate and 18.62 bcf of natural gas reserves.
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.