Bualuang is a producing conventional oil field located in shallow water in Thailand and is operated by Medco Energi Thailand (Bualuang). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block B8/38, with water depth of 226 feet. Buy the profile here.
An expansion project is associated with the Bualuang, namely the Bualuang Phase 5. This project is currently in the approval stage.
Field participation details
The field is owned by PT Medco Daya Abadi Lestari.
Production from Bualuang
The Bualuang conventional oil field recovered 84.80% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 12.49 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 8.29 Mmboe, comprised of 8.28 Mmbbl of crude oil & condensate and 0.06 bcf of natural gas reserves.
Contractors involved in the Bualuang conventional oil field
The key contractors involved in the Bualuang project as follows.
Other Contractors: Japan Drilling
For more details on the Bualuang Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
