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  1. Market Data
May 12, 2022

North Kung Conventional Oil Field, Thailand

By Carmen

North Kung is a producing conventional oil field located in shallow water in Thailand and is operated by Chevron Offshore (Thailand). 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 North Kung

The North Kung conventional oil field recovered 96.53% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 1.17 thousand bpd of crude oil and condensate and 2 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 0.1 Mmboe, comprised of 0.07 Mmbbl of crude oil & condensate and 0.15 bcf of natural gas reserves.


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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