Three new gas discoveries in the Gulf of Thailand

Offshore staff

BANGKOK, Thailand -- The Gulf of Thailand has seen three new gas discoveries on PTTEP-operated blocks 15 and 16.

The Ton Chan-1X and Ton Chan-2x wells are 5 km (3 mi) apart on block 16 of the Bongkot concession about 15 km (9 mi) southeast of the Bongkot central complex. Ton Chan-1X found gas bearing reservoirs in a 143-m interval, while Ton Chan-2X found gas in a 44-m interval.

The third well, Ton Rang-2X, is on block 15 about 5 km (3 mi) south of the Ton Rang-1X discovery and 20 km (12 mi) northwest of the Bongkot central complex. Ton Rang-2X encountered 72 m (236 ft) of gas bearing sand.

A development plan for the three discoveries is under study. Production could begin in 2009.

At present, Bongkot produces 600 MMcf/d of gas and 18,000 b/d of condensate. Bongkot Joint Venture comprises operator PTT Exploration and Production Public Co. Ltd. with 44.45% interest, Total with 33.33% interest, and BG with 22.22% interest.

1/30/2007