The Pattani Basin is located in the Gulf of Thailand and extends into Cambodia, where a maritime boundary dispute has historically curtailed exploration.
Exploration can largely be split between the oil-prone north, and the gas-prone south. The oil play is mature, and future exploration will mostly target near-field prospects of less than 10 mmboe. Any discovery could be brought onstream rapidly and cheaply through short tie-backs to existing infrastructure. The gas play offers the largest yet-to-find potential, but low prices limit future value creation.
The 21st Licensing Round is likely to be relaunched in early 2017 and offer new PSC terms alongside existing concession terms.
This exploration basin report provides a detailed analysis of recent exploration and future expectations including discovery and development costs, maps and details of licensing and fiscal terms. We also evaluate the yet-to-find volume and value potential. The report is accompanied by multiple excel downloads.
Thailand Pattani exploration basin.zip ZIP - 2.86 MB
Oil and gas exploration is an industry in constant motion, from technological breakthroughs to shifting supply and demand. The high costs of finding and developing new oil and gas fields that can be commercially developed has created a challenging atmosphere, with explorers increasingly seeing low returns, low value and slow progress.
This Exploration Basin report provides a detailed analysis of exploration of this basin, including discovery and development costs, location maps and information about licensing and fiscal terms. You'll also find information about discovery and development costs and full-cycle returns.
Explorers and advisors can use this report to understand the history and potential value of this basin.
Wood Mackenzie has access to historic data for over 450 basins and forecasts for more than 125 basins. We provide accurate information on the cost of exploration compared to the value of discoveries so that you can develop profitable strategies.
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Asset report | Jan 2016
Thailand Pattani exploration basin
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