Bangkok, PTTEP natural gas production in the G1/61 project has increased to 800 million cubic feet per day today. The next plan is to install 8 well platforms per year and drill another 300 wells per year to strengthen stability. Mitigating energy impacts for the people
Mr. Montree Lawanchaikul Chief Executive Officer of PTT Exploration and Production Public Company Limited or PTTEP said that after PTTEP won the auction and was the recipient of the rights to the production sharing contract. Survey G1/61 in the Gulf of Thailand in 2018 from the Department of Mineral Fuels. Ministry of Energy By signing a production sharing contract in 2019, the company has accelerated all aspects of work to the best of its ability. To increase the gas production rate according to the plan The installation and equipment have been improved to be more stable and safer. Including installing 12 wellhead platforms, drilling more than 300 additional production wells and laying natural gas pipelines. To increase the production rate
accordingly, reaching the level of 800 million cubic feet per day today (March 20, 2024) to support the energy demand of the people. and driving the economy
‘Increasing natural gas production in the G1/61 project has been an important mission of PTTEP over the past two years. The company is very aware of the importance of natural gas in the Gulf of Thailand, which is the main source of energy. that supports energy demand for both the household and industrial sectors Therefore, every step has been expedited to increase the amount of gas production. as quickly as possible, and today the G1/61 project can produce up to 800 million cubic feet per day. which the success this time It comes from the commitment of every employee as well as support from the government and related agencies. That will help reduce the impact on energy for the people. and create energy security for the country,’ Mr. Montri said.
As for the next plan, PTTEP plans to install approximately 8 additional well platforms per year and drill app
roximately 300 additional production wells per year. In 2024, the company will use the investment in the G1/ project. 61, amounting to more than 30,000 million baht, so that the G1/61 project will be one of PTTEP’s projects that is the key to strengthening energy security for the country in the long term.
Source: Thai News Agency