Chevron commences gas production from Platong II project
US energy firm Chevron Corporation announced today that its Thailand subsidiary has commenced natural gas production from the Platong II project in the Gulf of Thailand.
Production is expected to ramp up to 330 million cubic feet per day to fill growing domestic demand for energy, boosting the country’s production by more than 10 per cent and Chevron’s net natural-gas production from the gulf by more than 20 per cent.
About 18,000 barrels of natural-gas liquids are also expected to be produced per day.
Vice chairman George Kirkland said yesterday that Asia was becoming the centre of growth in energy demand.
“Platong II is one of Chevron’s many developments in the region that will allow us to supply safe, reliable and affordable energy to meet this need.”
Melody Meyer, president of Chevron Asia Pacific Exploration and Production Co, said Chevron’s commitment to providing energy to Thailand had been unwavering.
“From the startup of the first natural-gas field in the Gulf of Thailand 30 years ago to Platong II, Chevron has worked in close partnership with the Kingdom to develop the energy industry, building a foundation for energy security and longterm economic development.”
Chevron’s Thailand subsidiary is the operator and holds a 69.9percent interest in Platong II, with the remaining interest held by Mitsui Oil Exploration Co (27.4 per cent) and PTT Exploration and Production (2.7 per cent).
The development, in shallow water 200 kilometres from the 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.
