EGS inks survey services deal with Chevron in Gulf of Thailand

EGS Group, a marine survey services company, has signed a three-year contract with Chevron for offshore geophysical data acquisition services in the Gulf of Thailand.

EGS said on Sunday that, as part of its commitment to Chevron Thailand Exploration & Production, Ltd., it would carry out the provision of geophysical survey services to support Chevron’s offshore development.

Bell Chan, EGS’s project manager, said: “We are delighted to be continuing our successful partnership with Chevron and are looking forward to maintaining the delivery of safe and efficient survey services to the company under the new contract.”

In the Gulf of Thailand, the U.S. oil major operates several blocks in the Pattani Basin, with ownership interests ranging from 35 percent to 80 percent. During 2016, Chevron drilled two exploration and two delineation wells, all successful, in operated areas in the basin.

In the Malay Basin, Chevron has a 16 percent nonoperated working interest in the Arthit field as well as a 35 percent operated interest in the Ubon Project. The Ubon development concept includes facilities and wells in Block 12/27.

All the natural gas and condensate that Chevron produces for Thailand is sold to PTT Public Company Limited, the national oil company of Thailand.

Offshore Energy Today Staff