Nong Yao is a producing conventional oil field located in shallow water in Thailand and is operated by MP G11 (Thailand). The field is located in block G11/48, with water depth of 253 feet. 

Field participation details

The field is owned by Palang Sophon and Mubadala Investment.

Nong Yao Field, Ownership (%)Palang SophonMubadala Investment10.00%90.00%

Production from Nong Yao

The Nong Yao conventional oil field recovered 30.29% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 9.23 thousand bpd of crude oil and condensate and 4 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063. The field currently accounts for approximately 1% of the country’s daily output.

 
Value

Remaining recoverable reserves

The field is expected to recover 48.26 Mmboe, comprised of 45.44 Mmbbl of crude oil & condensate and 16.93 bcf of natural gas reserves. Nong Yao conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.

 
Nong Yao Recoverable ReservesCrude Oil & CondensateNatural Gas94.15%5.85%