Offshore Staff

SAN RAMON, California – Chevron Corp. has started natural gas production from its Platong II project in the Gulf of Thailand.

The $3.1 billion project is expected to ramp up production to 330 MMcf/d. This will boost Chevron’s net natural gas production from the Gulf of Thailand by more than 20%, the company said. The project is also expected to produce 18,000 b/d of natural gas liquids.

Chevron’s Thailand subsidiary is operator and holds a 69.9% interest in Platong II, with the remaining interest held by Mitsui Oil Exploration Co. Ltd. (27.4%) and PTT Exploration and Production Public Co. Ltd. (2.7%).

The development, in shallow water 120 mi (200 km) from Thailand’s southern coastline, is one of Southeast Asia’s largest offshore structures. New facilities, which will be connected to the current processing infrastructure at the Platong field, include a central processing platform, pipelines, four initial wellhead platforms, and living quarters for 200 people.

10/25/2011