Investor Presentaiton
Appendix
7. Business Overview 2 E&P Field
O&G [3] Norway: Offshore Blocks
O&G [4] UK North Sea: Seagull Project
[5] Russia: Sakhalin 1 Project*
OIL
JAPEX
E&P Business site
* Included in our
sales profit
[1] Iraq: Garraf Project*
OIL
O&G
[A] Japan: Domestic oil and gas fields*
(10 sites in Hokkaido, Akita, Yamagata, and Niigata)
[2] Indonesia · Kangean Project
GAS
[6] United States:
Tight Oil Development*
OIL
Our affiliated E&P business base
Japan
Overseas
10 fields
6 projects
Our oil and gas E&P fields/projects
No.
Oil and gas field/Project title (Operator)
Japan: Domestic oil and gas fields
A
Interest Share
(JAPEX's net)
Differ by interest
Production type
(Total of 10 locations in Hokkaido, Akita, Yamagata, and Niigata)
1
Iraq: Garraff Project (PETRONAS Carigali Iraq Holding B.V.)
30% (16.5%)
Crude oil/
natural gas
Crude oil
Additional Development
Status
Production/
Production/
Production Volume*1
Undisclosed
Approx. 127,000bbl*2
Additional Development
2
Indonesia: Kangean Project (Kangean Energy Indonesia Ltd.)
100% (25%)
Natural gas
Production
Approx. 3,520,000m³
(Approx. 21,000boed)
3
Norway: Offshore Blocks
Differ by interest
Exploration
4
UK North Sea: Seagull Project (Neptune E&P UK Limited)
15% (15%)
5 Russia: Sakhalin-1 Project (Sakhalin-1 Limited Liability Company: S1LLC)
30% (4.59%)*3
Crude oil/
natural gas
Crude oil
19
North America: Tight Oil Development
6
Differ by interest
Crude oil
(Marathon Oil Corporation, EOG Resources Inc., etc.)
Development
Production/
Development
Production/
Development
(Schedule to start
production in FY2023)
Undisclosed
Undisclosed
*1: Average daily Production for cumulative FY2022 (Jan.-Dec.. 2022 for overseas projects) / *2:Average daily production Apr.2022-Mar. 2023
*3: Decided to make capital participation in May 2023 (investment ratio: 49.9%)
*4: Pursuant to Government of the Russian Federation order on November 2022, Sakhalin Oil and Gas Development Co., Ltd. (SODECO) was approved to subscribe for 30% equity of the S1LLC.
Copyright 2023 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved.
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