Arthit is a producing conventional gas field located in shallow water in Thailand and is operated by PTT Exploration and Production Public. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 16A, B14A, Block 15A, and G8/50, with water depth of 256 feet. Buy the profile here.
An expansion project is associated with the Arthit, namely the Arthit Development. This project is currently in the feasibility stage.
Production from Arthit
The Arthit conventional gas field recovered 42.34% of its total recoverable reserves, with peak production in 2010. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060. The field currently accounts for approximately 12% of the country’s daily output.
Contractors involved in the Arthit conventional gas field
Some of the key contractors involved in the Arthit project as follows.
Other Contractors: Honeywell International and Multiphase Oil and Gas
About PTT Exploration and Production Public
PTT Exploration and Production Public Co Ltd (PTTEP), a subsidiary of PTT Public Company Limited, is an oil and gas company. It carries out exploration, development and production of hydrocarbons. The company also produces natural gas liquids(NGL) including LPG and condensate, allow density hydrocarbon. The company manages an array of exploration projects in different stages and producing assets across the world. The company, along with its joint venture partners, operates pipelines to transport natural gas from its overseas exploration and production projects. It also has investments in related businesses including information and communication technology services, gas pipeline investment, exploration and production support services, property leasing and others. The company has operations across Australia, Americas, Africa, the Middle East, and Asia regions. PTTEP is headquartered in Bangkok, Thailand.
For more details on the Arthit Conventional Gas Field, buy the profile here.