SE Asia gas, oil prospects expanding

06/19/2000
Click here to enlarge imageOperators are racking up more gas reserves as a sprawling gas pipeline network takes shape in Southeast Asia.Arthit gas-condensate field, in the Malay basin southeast of the main Gulf of Thailand gas producing area, has grown to significance in early 2000. Unocal Corp. listed Arthit's gross unrisked resource potential at 3-6 tcf.Unocal found its first oil on a Pattani basin block, and Harrods Resources is pressing delineation of an oil field on Block B5/27. State PTT Exploration & Production PLC has been Harrods' partner but is selling its interest to Harrods in order to focus on Arthit development.PTTEP officials said it decided to drop its interest i...
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