Thailand - NP Booster Gas Compressor Commissioned and Online
Horizon Oil Ltd
Key points
- Successful commissioning of Nam Phong Booster Gas Compressor
- Total field sales increased by 84% to 10.3 TJ/d
- Thailand's contribution to Group production rises from ~2,000 boepd to ~2,500 boepd
- Project completed on time and under budget
- Increased production expected to boost revenue and cash flow
Full summary
Horizon Oil Limited announced the successful commissioning and start-up of the Nam Phong Booster Gas Compressor (BGC) Project at the Nam Phong gas field in Thailand. The BGC entered service on 4 September 2026, designed to reduce system backpressure, improve well deliverability, and enhance gas recovery. Initial results show total field sales at approximately 10.3 TJ/d (gross), an 84% increase from pre-commissioning levels. With an effective 60% interest in the field, Horizon's production contribution from Thailand rises from ~2,000 boepd to ~2,500 boepd. The project was completed on time, under budget, and with strong cooperation from all stakeholders.
Guidance
Increased production expected to boost revenue and cash flow
Outlook
The successful commissioning of the BGC is expected to unlock additional reserves and generate higher revenue and cash flow for the joint venture.