PTTEP makes new gas discovery in Orchid-1, offshore Australia

          Phongsthorn Thavisin, President and Chief Executive Officer of PTT Exploration and Production Public Company Limited (PTTEP) disclosed that PTTEP Australasia (Ashmore Cartier) Pty Ltd (PTTEP AAA), a wholly owned subsidiary of PTTEP had made a successful discovery of gas and condensate at the Orchid-1, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia.
          Commenced in January this year, the drilling of the Orchid-1 was undertaken to a total depth of 2,925 metres. The well encountered gas and condensate with the net pay thickness around 34 metres. The result is in line with PTTEP's expectation and will be incorporated into development planning of Cash-Maple field which contains 3.5 TCF of resources.
          AC/P54 is an exploration permit under PTTEP Australasia project which comprises Permits AC/L3, AC/RL4, AC/RL5, AC/RL6, AC/RL7 (Cash-Maple field), AC/RL10, AC/RL12 and AC/P54 in the Timor Sea off northern Western Australia.

PTTEP reports operating results for the first quarter of 2025

PTTEP announced its operating performance for the first quarter of 2025, along with key developments that support national energy security and reduce greenhouse gas emissions. During the period, PTTEP contributed over 6,800 million baht to the Thai government, supporting the well-being of Thai people and the country's economic development. Mr. Montri Rawanchaikul, Chief Executive Officer of PTT Exploration and Production Public Company Limited (PTTEP), stated that during the first quarter of

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PTTEP makes new gas discovery in Orchid-1, offshore Australia

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PTTEP reports operating results for the first quarter of 2025