| |
5 Pages

Thailand's upstream outlook at risk from fiscal reform

Thailand's upstream outlook at risk from fiscal reform

Report summary

Thailand's ability to sustain domestic oil and gas production is in serious doubt. At current production levels, commercial reserves will be exhausted within 9 years.  Recent production growth, coupled with a decade of weak exploration, has meant Thailand has replaced less than 25% of the 2.3 billion boe of reserves produced in the last 10 years.  We estimate output will fall to 252,000 boe per day in 2024, a 70% decline from current production levels.

What's included?

This report includes 2 file(s)

  • Thailand's upstream outlook at risk from fiscal reform PDF - 717.37 KB 5 Pages, 0 Tables, 5 Figures
  • Insight Data.xls XLS - 212.00 KB


This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Executive Summary
  • Background
    • Thailand's fiscal regime
    • Mature province with poor exploration performance
  • Key Priorities
    • Launch the 21st licencing round and provide clarity on contract extensions
    • Keep fiscal terms attractive
    • Minimise bureaucratic burden

In this report there are 5 tables or charts, including:

  • Executive Summary
  • Background
    • Government take increases with gas prices
    • Thailand government take < SE Asia average
    • Thailand's upstream outlook at risk from fiscal reform: Image 3
    • Commercialised reserves
    • South-Eastern Asia exploration performance
  • Key Priorities
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...