Reference

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Primary source

Erawan and Bongkot field plateau production

Erawan ~800; Bongkot ~870 MMscfd

As of2024 (Q4 exit rate)·Sources1·Primary

Erawan (G1/61 concession, operated by PTTEP since April 2022) and Bongkot (G2/61, PTTEP) are the two anchor Gulf of Thailand gas fields. After the disruptive 2022 operatorship handover, PTTEP brought Erawan back from a low of ~200 MMscfd to roughly 800 MMscfd by Q4 2024, still below the 1,000 MMscfd contractual minimum. Bongkot has been a stable producer at ~870-900 MMscfd. PTTEP's 2024-2026 development plan targets restoring Erawan to ~1,000 MMscfd through additional well drilling and brownfield investment of roughly USD 1.5-2.0 billion. Even at recovery, the fields are post-plateau on a 20-year horizon.

Figure in context

Erawan (G1/61 concession, operated by PTTEP since April 2022) and Bongkot (G2/61, PTTEP) are the two anchor Gulf of Thailand gas fields. After the disruptive 2022 operatorship handover, PTTEP brought Erawan back from a low of ~200 MMscfd to roughly 800 MMscfd by Q4 2024, still below the 1,000 MMscfd contractual minimum. Bongkot has been a stable producer at ~870-900 MMscfd. PTTEP's 2024-2026 development plan targets restoring Erawan to ~1,000 MMscfd through additional well drilling and brownfield investment of roughly USD 1.5-2.0 billion. Even at recovery, the fields are post-plateau on a 20-year horizon.

Erawan (G1/61 concession, operated by PTTEP since April 2022) and Bongkot (G2/61, PTTEP) are the two anchor Gulf of Thailand gas fields. After the disruptive 2022 operatorship handover, PTTEP brought Erawan back from a low of ~200 MMscfd to roughly 800 MMscfd by Q4 2024, still below the 1,000 MMscfd contractual minimum. Bongkot has been a stable producer at ~870-900 MMscfd. PTTEP's 2024-2026 development plan targets restoring Erawan to ~1,000 MMscfd through additional well drilling and brownfield investment of roughly USD 1.5-2.0 billion. Even at recovery, the fields are post-plateau on a 20-year horizon.

Time scope

2024 (Q4 exit rate)

Source basis

Primary source

Interpretation notes

What this tells you

Erawan (G1/61 concession, operated by PTTEP since April 2022) and Bongkot (G2/61, PTTEP) are the two anchor Gulf of Thailand gas fields. After the disruptive 2022 operatorship handover, PTTEP brought Erawan back from a low of ~200 MMscfd to roughly 800 MMscfd by Q4 2024, still below the 1,000 MMscfd contractual minimum. Bongkot has been a stable producer at ~870-900 MMscfd. PTTEP's 2024-2026 development plan targets restoring Erawan to ~1,000 MMscfd through additional well drilling and brownfield investment of roughly USD 1.5-2.0 billion. Even at recovery, the fields are post-plateau on a 20-year horizon.

What not to do with it

Values in MMscfd, Q4 2024 exit rate. Contractual Erawan minimum under G1/61 is 800 MMscfd ramping to 1,000 MMscfd.

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Erawan and Bongkot field plateau production · Insight