Pailin 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 B12/27, with water depth of 217 feet. Buy the profile here.
An expansion project is associated with the Pailin, namely the Pailin Development . This project is currently in the feasibility stage.
Production from Pailin
The Pailin conventional gas field recovered 78.49% of its total recoverable reserves, with peak production in 2000. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 4% of the country’s daily output.
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 Pailin Conventional Gas Field, buy the profile here.