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Article: Mae Sot Neighbouring Concession - 120 Million Barrels.
- Article from:
- Business Wire
- Article date:
- February 16, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BANGKOK, Thailand -- THAILAND is a net importer of oil, even though the Country is actually an oil producer. The first and most significant oilfield discovered in Thailand was the Sirikit, east of the Mae Sot basin.
The Sirikit oilfield was discovered in 1981 by Thai Shell Exploration and Production Co., Ltd. Oil from Sirikit began to flow in December 1982, which marked the beginning of Thailand's commercial oil production. To this day, Sirikit remains the country's most productive onshore oilfield, with an output of 20,000 barrels per day. The discovery of the Sirikit Oilfield spurred additional exploration in the concession that led to discoveries of smaller ...