PTTEP Operations Overview slide image

PTTEP Operations Overview

Project information 2/5 Project Status* Phase PTTEP'S Share Partners 6M 2021 Average Sales Volume ** 2021 Key Activities (as of April 2021) Gas (MMSCFD) Liquid (KBPD) Thailand and JDA • Study to explore additional field potential 14 L22/43 OP Production 100% 15 MTJDA JOC Production 50% Petronas-Carigali 16 G9/43 OP Exploration 100% • Prepare for decommissioning activities 50% 263 8 • Ensure gas deliverability level at DCQ*** . Activity suspended 17 G1/61 (Erawan) OP Exploration 60% MP G2 (Thailand) Limited 40% 18 G2/61 (Bongkot) OP Exploration 100% Others SEA OP SK309 and SK311** 173 (except 6.4-80% Production/ Block K** SK309 and SK311** 17 1 Malaysia Gumusut- Kakap (GK) Exploration (varied by Varied by permits permits) 25 Block H** Block K** 25 in Block K) 142 TOTAL 31.24% JV 2 Yadana Production 25.5% Chevron 28.26% 767 MOGE 15% JV Petronas-Carigali 40.91018% 3 Yetagun Production 19.3178% MOGE 20.4541% Nippon Oil 19.3178% Myanma Oil and Zawtika 4 OP Production 80% Gas Enterprise 20% 340 (M9 & a part of M11) (MOGE) 5 Myanmar M3 OP Exploration 80% MOECO 20% 6 Myanmar M11 OP Exploration 100% 7 Myanmar MD-7 OP Exploration 50% TOTAL 50% 8 Myanmar MOGE 3 OP Exploration 77.5% Palang Sophon MOECO 10% 10% WinPreciousResources 2.5% *** Status: OP PTTEP operatorship / JOC = PTTEP joint operatorship/ JV = PTTEP as Joint Venture Partner Sales volume stated at 100% basis/ For Malaysia project, gross production is net off unitization DCQ Daily Contractual Quantity 38 • Awarded as an operator for Erawan field (Contract 1, 2 and 3) under PSC (after concession-end in 2022) • Preparing all transitional works including construction of facilities, staff recruitment, Gas Sales Agreement, and related procurement activities, aiming for successful transition and gas production as per commitment. • Awarded as a sole operator under PSC (after concession-end in 2022/2023) Drill appraisal and exploration wells • • Installation new wellhead platforms and drill production wells • Finalise Gas Sales Agreement and Prepare for seamless operation handover ⚫ SK309 and SK311: Pemanis Gas Development Topside Installation and South Acis Satellite infill oil development drilling • Block K: SNP Development Drilling • Block H: Maximize production at plateau 270MMSCFD after first gas in February 2021 • Drill 2nd production well • New DCQ*** proposal and negotiation with PTT • Suspended the production due to the feed gas was not sufficient for the minimum threshold level • Some activities are delayed and process under difficulty due to the political situation and COVID-19 in Myanmar • Waiting for approval of PSC Supplementary • FEED & OE and survey activities • Gas Sales Agreement negotiation Waiting for final termination document from MOGE Leftover material transferring to MOGE in progress (slow progress due to current situation in Myanmar) • Termination process in progress • Leftover material transferring to MOGE in progress (slow progress due to current situation in Myanmar) • Termination process in progress • Leftover material transferring to MOGE in progress (slow progress due to current situation in Myanmar)
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