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November 22, 2021updated 27 Apr 2022 12:36pm

Platong Conventional Gas Field, Thailand

By Carmen

Platong is a producing conventional gas field located in shallow water in Thailand and is operated by Chevron Thailand Exploration and Production. The field is located in block B11 and B10, with water depth of 233 feet.

Field participation details

The field is owned by Mitsui and Chevron.


Production from Platong

The Platong conventional gas field recovered 57.23% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 10.62 thousand bpd of crude oil and condensate and 167 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052. The field currently accounts for approximately 5% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 111.5 Mmboe, comprised of 13.77 Mmbbl of crude oil & condensate and 586.34 bcf of natural gas reserves. Platong conventional gas field reserves accounts 0.04% of total remaining reserves of producing conventional gas fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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