PTTEP starts seismic surveys in Thailand

PTT Exploration and Production Public Company Limited (PTTEP) plans to begin seismic surveys in the recently acquired Blocks L21/48, L28/48 and L29/48 in the northeastern part of Thailand early next year. It includes 1,200 kilometers line of 2D seismic data acquisition in some parts of Udonthani, Khon Kaen, Nakhon Ratchasima, and Chaiyaphum Provinces.

The survey will begin after the Office of Natural Resources and Environmental Policy and Planning approves the Environmental Impact Assessment (EIA) which is expected in January 2008. It will continue until April.

The Northeastern Region has high petroleum potential. In addition to the already established Nam Phong and Sin Phu Horm fields, more oil and gas discoveries in the northeast will benefit the country by helping to reduce petroleum imports and adding to national energy security. If successful, the new blocks will serve long term energy demand in the area.