Five-Year Plan and Financial Outlook
Results - Unit Cost
Consistent decline in unit cost to meet long-term aspiration cost target
Unit: $/BOE
40
30.50
30.25
30.62
27.96
27.24
27.57
30
Cash Cost
Unit Cost
20
14.40
12.10
11.62
13.88
ā
14.33
11.84
10
2020
Q1 21
Q2 21
Q2 20
6M 2021
6M 2020
DD&A
16.10
15.86
15.62
16.37
15.73
16.29
Finance Cost
1.96
1.39
1.27
2.04
1.33
2.00
Royalties
3.17
3.41
3.42
2.63
3.42
3.20
G&A
2.33
2.12
1.97
2.02
2.03
1.98
Exploration Expenses
0.80
0.12*
0.19
1.03
0.16
1.10
Operating Expenses
6.14
5.06
4.77
6.16
4.90
6.05
Lifting Cost
4.47
4.15
3.91
4.59
4.02
4.42
Note: * Exclude Exploration assets write-off in Brazil for Q1 21
All Unit Cost shown above exclude costs related to new business
The formulas for calculating ratios are provided in the supplementary section for your reference
19
PTTEP
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