Funan is a producing conventional gas field located in shallow water in Thailand and is operated by PTTEP Energy Development. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block B13 and G1/61, with water depth of 236 feet. Buy the profile here.
Field participation details
The field is owned by Mubadala Investment and PTT Public.
Production from Funan
The Funan conventional gas field recovered 94.91% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 6.97 thousand bpd of crude oil and condensate and 170.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 13.19 Mmboe, comprised of 3.49 Mmbbl of crude oil & condensate and 58.20 bcf of natural gas reserves.
For more details on the Funan Conventional Gas 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.
