G12/48 is a producing conventional gas field located in shallow water in Thailand and is operated by PTTEP International. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block G12/48, with water depth of 194 feet. Buy the profile here.
Field participation details
The field is owned by PTT Public and TotalEnergies.
Production from G12/48
The G12/48 conventional gas field recovered 27.60% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 0.58 thousand bpd of crude oil and condensate and 21.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 11.96 Mmboe, comprised of 0.53 Mmbbl of crude oil & condensate and 68.58 bcf of natural gas reserves.
About PTTEP International
PTTEP International Ltd is engaged in the exploration and development of petroleum and petroleum products. The company is headquartered in Thailand.
For more details on the G12/48 Conventional Gas Field, buy the profile here.