PTTEP Makes Gas Discovery in Bongkot Concession
PTTEP has drilled the exploration well, Ton Chan-1X, in a new structure located in the production area which is in the northern part of Bongkot concession block in the Gulf of Thailand to a total depth of 3,442 meters. The well encountered gas bearing sands with a total thickness of 143 meters in the stratigraphic trap. This well was the first exploration well in last 8 years of Bongkot Project.
The successful drilling results indicate that there is a potential to discover additional natural gas reserves in the production areas of Bongkot Project. PTTEP will conduct additional drilling to estimate the petroleum reserves and prepare a development plan for future production in due course.
PTTEP is the operator of the concession with a 44.4445% stake. Other partners are Total with 33.3333% and BG Asia Pacific with 22.2222%.
Operates 4 Offshore Rigs
- Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan (Oct 06)
- ExxonMobil Says Will Drop Discussions Over Indonesia's East Natuna (Jul 18)
- Hydrocarbons Encountered at Te Giac Trang Field Offshore Vietnam (Dec 20)