Discovery Details
PTTEP announced the discovery of a new gas field in the G2/65 exploration block in the Gulf of Thailand, with total gas column thickness exceeding 50 meters.
Development Plan
The company plans to accelerate development of this gas field, targeting first production by 2027 with initial capacity of 200 MMSCFD.
Business Impact
This discovery will increase PTTEP petroleum reserves and strengthen Thailand energy security, reducing reliance on imported natural gas.