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  1. Market Data
May 4, 2022

L53-A Conventional Oil Field, Thailand

By Carmen

L53-A is a producing conventional oil field located onshore Thailand and is operated by Pan Orient Energy. The field is located in block L53/48.

Field participation details

The field is owned by Pan Orient Energy.


Production from L53-A

The L53-A conventional oil field recovered 16.00% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 6.08 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2086. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 32.07 Mmboe, comprised of 32.02 Mmbbl of crude oil & condensate and 0.25 bcf of natural gas reserves. L53-A conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Pan Orient Energy

Pan Orient Energy Corp (POE) is an independent upstream oil and gas company. The company has interests in onshore oil and gas assets in Thailand and Indonesia. POE has interests in Andora Energy Corporation, which holds properties in Northern Alberta. Its assets in Thailand include Concession L53/48 to the west of Bangkok. The L53 concession consists of L53-A, L53-D, L53-B and L53-G fields. In Indonesia, it has non-operated working interests in the East Jabung PSC. The company focuses on the development of Sawn Lake area oil sands property in the central Alberta Peace River oil sands region, through Andora Energy Corporation. POE is headquartered in Calgary, Alberta, Canada.

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.

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