April 24, 2022 – 16:09
Department of Mineral Fuels reveals the Erawan and Bongkot fields Transition from concession system to production sharing system smoothly
Sarawut Kaewtathip, Director-General of the Department of Mineral Fuels, revealed that the transitional operations of the Erawan natural gas field (block G1/61) and the Bongkot natural gas field (block G2/61) on April 23-24, 2022 at passed smoothly which can produce natural gas from both blocks continuously, which the Department of Mineral Fuels has prepared to cope with the transitional operation of natural gas fields, Block G1/61 and Block G2/61
A War Room has been established to support the management of emergency situations in an integrated manner. together with the original concessionaire new contractor and petroleum buyers with the executives of the Department of Mineral Fuels commanding at the Warroom In addition, there are 8 special teams in the field to closely monitor and control the situation on the production platform in the Gulf of Thailand.
It is stationed at Block G1/61 and Block G2/61 at 5 points and at 3 sites in petroleum storage vessels to monitor the final petroleum production during the period before the concession expires. as well as to measure the amount of petroleum remaining in all storage vessels before it is officially delivered to the new contractor
In addition, previously, the Department has prepared by monitoring the strength condition. safety of installations and assets used in the petroleum business operation of both plots, including the restructuring of the agency and recruiting more personnel to support such tasks under the production sharing contract system
However, following the production sharing contract was signed The Cabinet has approved PTTEP Energy Development Company Limited (PTTEP ED) to be the recipient of the production sharing contract for exploration blocks in the Gulf of Thailand. Thai No. G1/61 and G2/61 On December 13, 2018, the Department of Mineral Fuels, as a contracting party, has taken various actions to
in order to continually produce natural gas However, from the case of entering the area to prepare for various operations during the transition period between the original concessionaire with the new contractor of Block G1/61 did not go as planned.
Department of Natural Fuels As the regulatory agency for petroleum exploration and production in the country has tried to coordinate the negotiations on entering the area between the original concessionaire with new contractors continuously Until the two parties reached various cooperation agreements on December 20, 2021 in order to allow new contractors to enter the area in the said plot.
“On April 24th, this is the first time in Thailand’s history. to use the production sharing contract system in the petroleum business From using the concession system for more than 50 years, the Department of Mineral Fuels as the agency responsible for the operation have been prepared in every aspect and prepare a countermeasure at every point to make this transition go smoothly. no hiccups and make the natural gas production process continue
The rate of natural gas transmission at the end of the concession date of the Erawan Group is at 399 million cubic feet consisting of natural gas from the G1/61 project amounting to 376 million cubic feet and neighboring sources that produce 23 million cubic feet The natural gas transmission rate at the end of the concession date of the Bongkot Group was 938 million cubic feet. Consisting of natural gas from the project G2/61 includes the Bongkot North and the South Bongkot fields. The Department of Mineral Fuels will accelerate PTTEP ED to develop the natural resources. and increase the production of natural gas from Block G1/61 as soon as possible for people’s livelihood and the country’s energy security is important,” said Mr. Sarawut.
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