PTTEP Project and Financial Overview
Projects Details | Thailand
PTTEP
Project Name
Status
Phase
Participating Interest* (%)
Sales Vol Gas
(MMSCFD)
8
G4/43
JV
Production
1
Sales Vol Liquid
(KBPD)
2
Latest Status
PTTEP
21.375%
Chevron
51%
Deliver production volumes as nominated from the buyer and oil
production as planned
MOECO
21.25%
Palang Sophon
6.375%
9
G4/48
JV
M
Production
1
0.1
PTTEP
5%
Decommissioning activities
Chevron
71.25%
MOECO
23.75%
10
L53/43 & L54/43
OP
Production
PTTEP
100%
11
PTTEP1
OP
Production
PTTEP
100%
12
S1
OP
Production
8
PTTEP
100%
13
Sinphuhorm
OP
Production
PTTEP
95
55%
Apico
35%
EXXON MOBIL
10%
OP
14
L22/43
Production
PTTEP
100%
Note: * PTTEP denotes respective PTTEP subsidiaries participating in the project
**
Sales volume represent average volume for 100% of the project during Q1/2022
Status: OP PTTEP operatorship/JOC = PTTEP joint operatorship/ JV = PTTEP Joint Venture Partner
35
85
0.5
0.2
Crude: 25 KBPD
LPG: 183 MTon/Day
0.3
On-going 5th drilled well
Plan to complete 6 wells around mid of Apr’22 and commence 1st oil by
Jul'22
Plan for production facilities debottlenecking and relocation projects to
handle additional gross production from new wells.
Maintain production plateau
Relocate facilities from PTTEP1 to L54/43 to be minimized CAPEX cost
Production optimization and long-term development plan are on-going for
business plan and work activities identification according to 10 years
strategy
Ensure gas deliverability
Preparing the drilling campaign for 2 wells during Q2 - Q4 2022
On-going execution plan of total 5 drilling wells scheduled in Q4 2022.
Plan to prepare for the resume production or exit strategy in future after
drilling results confirmed.View entire presentation