Gas Lift Journey to Maximize the Asset Value in Platong Field, Gulf of Thailand

Operating Platong field in the Gulf of Thailand (GoT) is challenging because of the small compartmentalized reservoirs in the<br>fluvial deposition environment. As the completion strategy has to be low cost in order to achieve the economic hurdle rate and<br>the initial strategy is to develop to be a gas field, a lot of existing oil wells do not have the artificial lift system in place.<br>Without artificial lift, most of the oil wells usually cease flowing in 2-6 months. Therefore, the artificial lift is crucial to<br>prolong the well life in Platong. Gas lift currently plays a very important role in Platong field. With the continuous initiation<br>and operation improvement, production from Platong gas lifted wells has been gradually increasing from 10% in June 2008 to<br>50% of total field production in June 2011.