Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 25, 2021updated 26 Nov 2021 6:01am

Platong Gas II Conventional Gas Field, Thailand

By Carmen

Platong Gas II 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 B10, with water depth of 226 feet.

Field participation details

The field is owned by Chevron, Mitsui and PTT Public.


Production from Platong Gas II

The Platong Gas II conventional gas field recovered 77.02% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 10.22 thousand bpd of crude oil and condensate and 365 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 4% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 45.49 Mmboe, comprised of 18.56 Mmbbl of crude oil & condensate and 161.53 bcf of natural gas reserves. Platong Gas II conventional gas field reserves accounts 0.01% 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.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU