Country Report
Thailand upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Third largest gas producer in Southeast Asia: Thailand's gas production ranks behind Indonesia and Malaysia. Production plateaued at about 3,000 mmcfd from 2013-2018 but has declined since. We expect gas production to increase in 2024 due to PTTEP's commitment to maintain gas production at around 1,500 mmcfd from its two key projects, G2/61 (Bongkot) and G1/61 (Erawan). The Gulf of Thailand dominates the country's reserves and production: Oil and gas production is predominately ...
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- PTTEP
- Majors
- Japanese players
- NOCs
- IOCs
- Regional players
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Geology
- Introduction
-
Onshore
- Cenozoic basins
- Khorat basin
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Offshore
- Gulf of Thailand
- Andaman Sea
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Exploration
- Licensing
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Recent and future licensing activity
- 25th Licensing round
- 24th Licensing round
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Historical licensing activity
- 14th and 15th Licensing rounds
- 16th Licensing round
- Arthit acreage award
- 17th Licensing round
- 18th Licensing round
- 19th Licensing round
- 20th Licensing round
- 23rd Licensing round
- 1 more item(s)...
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Drilling
- Drilling activity
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Recent and future exploration drilling
- 2021-2024
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Historical exploration drilling
- Pre 2009
- 2000-2009
- 2010-2019
- Success rates
- Reserves and resources
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Production
-
Liquids
- Future liquids production
- Historical liquids production
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Gas
- Future gas production
- Historic gas production
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Liquids
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Infrastructure
- Oil infrastructure
- Offshore
- Onshore
- Refineries
- Gas infrastructure
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Gulf of Thailand
- First Trunkline
- Second Trunkline
- Third Trunkline
- Erawan to Khanom
- Malaysia-Thailand JDA
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Gas Pipeline Masterplan III
- Phase One
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Onshore Distribution
- Gas Separation Plants
- Pipelines in the Bangkok Area
- LNG
- Onshore Fields
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Costs
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Capital costs
- Capital expenditure by location
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Operating costs
- Operating expenditure by location
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Capital costs
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
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Licensing
- Thai I Terms
- Thai III Terms (post-14th round)
- Thai III plus Terms (post-20th round)
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Fiscal terms
- Overview
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Upstream
- Mid/Downstream
- Downstream
- Current fiscal terms
- Concession
- Basis
- Government equity participation
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Royalty
- Ring fencing
- Base
- Rate
- Payment schedule
-
Special remuneratory benefit
- Ring fencing
- Base
- Rate
- Payment schedule
- 23 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Country Map
- Liquids and Gas Production and Reserves
- Liquids and Gas Reserves
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Reserves and contingent resources at 01/01/2024
- Liquids and Gas Production 2024
- Oil Infrastructure Map
- Infrastructure: Table 1
- Fiscal terms
- Fiscal terms: Table 2
- 35 more item(s)...
What's included
This report contains:
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