Five-Year Plan and Financial Outlook
Project information 1/5
2021 Key Activities
12
• Ensure gas deliverability level at DCQ***
• Drill development wells
•
Prepare for decommissioning activities
Project
Status*
Phase
PTTEP'S
Share
Partners
(as of April 2021)
6M2021 Average Sales Volume **
Gas (MMSCFD)
Liquid (KBPD)
Thailand and JDA
1
Arthit
OP
Production
80%
Chevron
MOECO
16%
243
4%
2
B6/27
OP
Production
100%
Chevron
51.66%
MOECO
16.71%
3
B8/32 & 9A
JV
Production
25.001%
48
15
KrisEnergy
4.63%
Palang Sophon
2%
4
Bongkot
OP
Production
66.6667%
TOTAL
33.3333%
919
22
•
K
• Ensure deliverability of production volumes as nominated from the buyer
• Drill development wells
• Drill development wells
• Maintain production level as planned
Carry out wells plug and abandonment, and prepare for non-transferred wellhead
platforms decommissioning
Prepare for decommissioning activities
• Ensure gas deliverability level at DCQ***
• Drill development wells
Topside reuse
• Ensure gas deliverability level at DCQ***
• Deliver production volumes as nominated from the buyer and oil production as
planned
Prepare for decommissioning activities
• Maintain production plateau
Explore for additional field potential i.e. new drilling well and EOR/IOR
• Prepare for decommissioning activities
• Maintain production plateau
Contract 3 (Formerly
JV
Chevron
5
Production
5%
Unocal III)
MOECO
71.25%
23.75%
501
27
27
•
Contract 4 (Formerly
JV
6
Production
60%
Pailin)
Chevron
MOECO
35%
395
16
5%
•
7
E5
JV
Production
20%
ExxonMobil
Chevron
80%
8
51%
JV
8
G4/43
Production
21.375% MOECO
21.25%
1
3
JV
9
G4/48
Production
5%
Palang Sophon
Chevron
MOECO
6.375%
71.25%
2
0.2
23.75%
10
L53/43 & L54/43
OP
Production
100%
11
PTTEP1
OP
Production
100%
12
S1
OP
Production
100%
13
Sinphuhorm
OP
Production
55%
Apico****
ExxonMobil
**
Status: OP = PTTEP operatorship / JOC = PTTEP joint operatorship / JV = PTTEP as Joint Venture Partner
Sales volume stated at 100% basis.
***
DCQ Daily Contractual Quantity
**** PTTEP holds indirectly and directly 80.48% participating interest in Sinphuhorm Project.
APICO also holds 100% participating interest in Block L15/43 and Block L27/43.
1
•
0.2
•
.
Explore for additional field potential i.e. new drilling well and EOR/IOR
Prepare for decommissioning activities
8
Crude:28 KBPD
LPG: 190 MTon/Day
35%
10%
97
0.3
• Maximize crude production by fully implemented the business plan and work activities as
planned
• 10 years strategy roadmap is being submitted to the management committee to ensure
all focused strategic areas will be set up in the long term until end of concession in year
2031
• Ensure gas deliverability
⚫ Drill development well
Sinphuhorm new Gas Sales Agreement is under Government's consideration and
approval process
37View entire presentation