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The Algeria 433a and 416b

The project production volume averaged 18,885 BPD.
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Algeria Hassi Bir Rekaiz

The project’s development plans are being prepared to be submitted to the Algerian government within 2017.
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PTTEP Australasia

The Montara Field Sales Volume for the first quarter of 2017 averaged 10,653 BPD, in line with the production plans. For The Cash Maple Field is carrying out the Pre-FEED study for further preparation of the development plans, and completion is expected by the end of 2017
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The Barreirinhas AP1

The project is in the process of evaluating the basin’s petroleum potential through study of 3D seismic data.
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BM-ES-23

The study of petroleum potential for the preparation of the future development plan is ongoing.
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The Mozambique Rovuma Offshore Area 1

The project made progress in the negotiation of key contracts with the government of Mozambique which have now been officially promulgated and enacted, and has received official approval for the Resettlement Action Plan. The project is currently in the process of finalizing the LNG off-take agreements, and negotiating for project finance with financial institutions to support the Final Investment Decision (FID) for the project.
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Myanmar M3

The feasibility study and commercial the evaluation of resource potential are ongoing.
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Myanmar M11

The project is being assessed for the fields’ resource potential.
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Myanmar MD-7

The project is being assessed for the fields’ resource potential.
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Vietnam 16-1

The crude oil sales volume averaged 20,206 BPD. The project has begun the production of crude oil from 3 new wells as planned in order to maintain production levels, and is in the process of drilling additional appraisal and development wells that expect completion within the second quarter of 2017.
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Phase

Production

Investment Type

PTTEP as Joint Operator

Exploration and Production

Algeria 433a & 416b Project
Type of Business Exploration and Production
Concessions Blocks 433a & 416b
Area 437.31 square kilometers
Location East of Algeria
Operator Groupement Bir Seba (Joint Operating Company)
Petroleum Fields Bir Seba, Mouiat Ouled Messaoud
Type of Petroleum Crude Oil
Signing Date July 10, 2002
Production Start-up August 12, 2015
Phase Production
Investment Type PTTEP as Joint Operator

Partners & Share

Algeria 433a & 416b

Petrovietname Exploration Production Corporation (PVEP)
40%
PTTEP Algeria Company Limited (PTTEP AG)
35%
SONATRACH
25%

Project Progress :

Year :

2016

Quarter 1

Project production averaged  15,165 BPD

Quarter 2

Project production averaged 15,016 BPD

Quarter 3 Project production averaged is 15,445 BPD Quarter 4 Project Production for the year 2016 averaged 15,463 BPD

2017

Quarter 1 The project production volume averaged 18,885 BPD.