Satun 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 B12 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 Satun
The Satun conventional gas field recovered 94.85% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 16.20 thousand bpd of crude oil and condensate and 219.00 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 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 22.82 Mmboe, comprised of 5.49 Mmbbl of crude oil & condensate and 104.01 bcf of natural gas reserves. Satun conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
For more details on the Satun Conventional Gas Field, buy the profile here.