Thailand Energy Market & PTTEP Business Update
Business Update | E&P
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THAILAND
G1/61 Erawan Currently producing at 210 MMSCFD. In 2022, drilled
additional 77 wells and installed 8 WHPs. 1st ramp-up to 400 MMSCFD
target mid 2023.
G2/61 Bongkot Currently producing at 200 MMSCFD. Preparing for
remaining transition Block B16 and B17 in Mar-23 to PSC.
MTJDA Granted additional exploration area and PSC extension to 2039.
Currently supplying 33 MMSCFD to Thailand.
Participating in 24th Gulf of Thailand Bid Round
Seeking progress in OCA
MALAYSIA
SB412 New block awarded from MBR 2021 - Started seismic processing.
SK410B LLB FEED in progress. Estimated production rate ~1000 MMSCFD.
FID plan in 2023. Additional discovery in the area from Paprika-1 well.
MYANMAR
Yadana Operate normally. Possibility to extend PSC beyond 2028.
Zawtika Operate normally. Maintain production with new phase 1D.
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PTTEP
UAE
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Sharjah Onshore Area A and C acquired 25% stake
Offshore 1 and 3 currently being evaluated for petroleum potential
Offshore 2 made sizable gas discovery approx. 2.5-3.5 TCF
ALGERIA
HBR 1st Oil production commenced with daily
production ~13 KBPD.
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MOZAMBIQUE
MZA1 Site re-access pending security situation.
1st Cargo is estimated in 2027.
BRAZIL/ANGOLA
Portfolio Rationalization
Divestment from Brazil and AngolaView entire presentation