By an OGJ correspondent
BANGKOK, Nov. 7 -- The first exploration well drilled in 8 years on the Bongkot concession block, in the Gulf of Thailand about 600 km south of Bangkok, has resulted in an additional natural gas find, said Thailand's state-controlled PTT Exploration & Production PLC (PTTEP).
Ton Chan-1X, drilled to 3,442 m TD in a new structure at the northern section of the block, found gas-bearing sands with 143 m total thickness in the stratigraphic trap.
The company said the well's results indicate a potential for discovery of additional gas reserves in Bongkot's production areas.
PTTEP will conduct additional drilling to estimate the petroleum reserves there and prepare a development plan for future production in due course, said Pres. Maroot Mrigadat.
The discovery will increase production and prolong the life of Bongkot, which has been on stream since July 1993 and is producing 600 MMcfd of gas and 19,259 b/d of condensate.
PTTEP is the operator and has 44.4445% equity in Bongkot, with Total E&P Thailand holding 33.33% and BG Asia Pacific 22.22%.
