PTTEP plans seismic campaign in northeastern Thailand
Thailand's PTTEP plans to launch early next year a seismic campaign on Blocks L21/48, L28/48, and L29/48, which the company acquired last year in northeastern Thailand.
By an OGJ correspondent
BANGKOK, Oct. 15 -- PTT Exploration & Production PLC (PTTEP) plans to launch early next year a seismic campaign on Blocks L21/48, L28/48, and L29/48, which PTTEP acquired last year in northeastern Thailand.
It includes acquisition of 1,200 line km of 2D seismic in parts of Udon Thani, Khon Kaen, Nakhon Ratchasima, and Chaiyaphum provinces.
PTT expects to start in January after the Office of Natural Resources and Environmental Policy and Planning approves the company's environmental impact assessment.
PTTEP Pres. Maroot Mrigadat said the areas have high petroleum potential as they are lying near two producing gas fields: Nam Phong and Phu Horm.
The result of seismic survey will determine a drilling program on the blocks, which cover 12,000 sq km.
PTTEP is the operator of the blocks with a 70% share while Malaysia's Resourceful Petroleum Ltd. holds a 30% stake.