PTTEP begins gas, condensate production from Shams field

Feb. 14, 2007
Thailand's PTT Exploration & Production PCL (PTTEP), operator of Oman's Block 44, has begun production of natural gas and condensate in its Shams (Sun) field, about 300 km west of Muscat.

Eric Watkins
Senior Correspondent

LOS ANGELES, Feb. 14 -- Thailand's PTT Exploration & Production PCL (PTTEP), operator of Oman's Block 44, has begun production of natural gas and condensate in its Shams (Sun) field, about 300 km west of Muscat.

Production from the field, which is part of Block 44, is averaging 50 MMscfd of gas and 4,000 b/d of condensate.

Gas from the field will be sold to Oman's oil and gas ministry in accord with a gas sales agreement concluded on Apr. 27, 2005, while condensate will be exported to PTT PCL, PTTEP's parent company in Thailand.

PTTEP became operator with 100% interest in Block 44 following an exploration and production-sharing agreement signed with Oman's oil and gas ministry on July 21, 2002.

Contact Eric Watkins at [email protected].