Integrated Report 2023
Appendix
6. Business Overview 1 E&P Field
[3] Norway: Offshore Blocks
[5] Russia: Sakhalin 1 Project
[4] UK North Sea: Seagull Project
[1] Iraq: Garraf Project
[6] United States:
Tight Oil Development
JAPEX
E&P Business site
[A] Japan: Domestic oil and gas fields
(10 sites in Hokkaido, Akita, Yamagata, and Niigata)
•
[2] Indonesia · Kangean Project
JAPEX Group oil and gas E&P fields/projects (as of Nov., 2023)
JAPEX Group E&P business base site
10 fields
Japan
Overseas
6 projects
No.
Oil and gas field/Project title (Operator)
Interest Share
(JAPEX's net)
Japan: Domestic oil and gas fields
Differ by interest
A
1
(Total of 10 locations in Hokkaido, Akita, Yamagata, and Niigata)
Iraq: Garraff Project (PETRONAS Carigali Iraq Holding B.V.)
Production type
Crude oil/
natural gas
Status
30% (16.5%)
Crude oil
Production/
Development
Production/
Development
2
Indonesia: Kangean Project (Kangean Energy Indonesia Ltd.)
100% (25%)
Crude oil/
natural gas
3
Norway: Offshore Blocks (Longboat JAPEX Norge AS*2)
Differ by interest
4
UK North Sea: Seagull Project (Neptune E&P UK Limited)
15% (15%)
5 Russia: Sakhalin-1 Project (Sakhalin-1 Limited Liability Company: S1LLC)
30% (4.59%)*3
Crude oil/
natural gas
Crude oil/
natural gas
Crude oil/
19
6
North America: Tight Oil Development (EOG Resources Inc., etc.)
Differ by interest
natural gas
Production
Exploration /
Development
Production/
Development
Production/
Development
Production/
Development
Production Volume*1
Undisclosed
Approx. 155,000bbl
Approx. 2,490,000m³
(Approx. 15,138boed)
Undisclosed
Undisclosed
*1: Average daily Production for 2Q FY2023 (No.2, 3, 4: Jan.-Jun. 2023, No.1: Apr.-Sep. 2023)
*2: Company name was changed upon completion of capital participation (49.9% stake) in Jul. 2023
*3: Pursuant to Government of the Russian Federation order on November 2022, Sakhalin Oil and Gas Development Co., Ltd.(SODECO) was approved to subscribe for 30% equity of the S1LLC.
Copyright © 2023 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved.
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