Thailand Focus 2022
Projects Details | Rest of the World
Project Name
Status
Phase
1
PTTEP Australasia
(PTTEP AA)
Participating Interest* (%)
Sales Vol Gas
(MMSCFD)
Sales Vol Liquid
(KBPD)
OP
Exploration
PTTEP
90%-100%
2
Mozambique Area 1
JV
Development
PTTEP
8.5%
TotalEnergies, Mitsui,
26.5%,20%
ENH, OVL
15%, 10%
OVRL & Oil India,
10%, 10%
Bharat
3
Algeria 433a & 416b (Bir
Seba)
JOC
Production
17 **
PTTEP
35%
PetroVietnam
40%
Sonatrach
25%
4
Algeria Hassi Bir Rekaiz
Ho
OP
Production
PTTEP
49%
Sonatrach
51%
5
Mariana Oil Sands
OP
Exploration
PTTEP
100%
(Canada)
6
Brazil
JV
M
Barreirinhas AP1
Exploration
PTTEP
Shell Brasil
25%
65%
Mitsui E&P Brasil
10%
Note: * PTTEP denotes respective PTTEP subsidiaries participating in the project
**
Sales volume represent average volume for 100% of the project during 6M2022 except for Algeria 433a & 416b (production volume)
***
Status: OP PTTEP operatorship/JOC = PTTEP joint operatorship/ JV = PTTEP Joint Venture Partner
41
Latest Status
PTTEP
Cash Maple (AC/RL7) and Oliver (AC/RL12): Defining proper direction in
order to increase development opportunities
Tenacious and Oliver: Well abandonment in progress
•
Other exploration projects: G&G studies
•
First Cargo is expected by 2025, subject to local security situation
.
1st Debt drawdown in project Finance
•
Force Majeure was declared by the operator for safety reason due to the
security incident in Palma.
Plan to resume construction activities after security and safety restored
Drilling of 8 infilled wells are on-going.
Target to tie-in and produce new wells starting from Q4 2022
•
Existing wells intervention
•
1st oil production June 1, 2022 for the initial phase target 10,000-13,000 BPD
Sales starting Q3 2022
Continue remaining drilling and construction work to be completed Phase 1
in Q2 2023
Reclamation activities in progress to return the area to Canadian
government
Pending exploration wells drilling permit from the governmentView entire presentation