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Algeria 433a & 416b Project

The project production volumes averaged 18,399 BPD.
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Algeria Hassi Bir Rekaiz Project

The project has reached agreement to start the development of approved by government that the development plan started in March 2019.
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PTTEP Australasia Project

The Montara Field’s operatorship transfer is awaiting for approval from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA, Australia. The Cash Maple Field is under the evaluation of appropriated development plan The AC/P54 Field completed an exploration well drilling
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Barreirinhas AP1 Project

The project is under the evaluation of the petroleum potential.
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Brazil BM-ES-23 Project

The project is under the evaluation of the petroleum potential.
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Mariana Oil Sands Project

The project is under the evaluation of appropriate project development plan.
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Sarawak SK410B Project

The project is under drilling preparation of an appraisal well.
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Sarawaksk 417 Project

The project is under the evaluation of petroleum potential.
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Sarawak SK438 Project

The project is under the evaluation of the petroleum potential.
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Peninsular PM415 Project

PTTEP signed the Production Sharing Contracts on 21 March 2019. Currently, the project is under the evaluation of petroleum potential.
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Peninsular PM407 Project

PTTEP signed the Production Sharing Contracts on 21 March 2019. Currently, the project is under the evaluation of petroleum potential.
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Mexico block 29 (2.4) Project

The projects is under the evaluation of petroleum potential.
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Mexico block 12 (2.4) Project

The project is under evaluation of the petroleum potential.
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Mozambique Area 1 Project

The project has made a significant progress in Q1, 2019, which includes; signing the long-term LNG Sale and Purchase Agreements (SPAs) with various buyers for 9.5 MTPA per year, which is sufficient for project finance with financial institutions. In addition, the project has been granted the approval from the government and Area 4 Project (near-by project), as the first mover of the development of Onshore LNG Plant in Mozambique, to lead the construction of the shared facilities; Material Offloading Facility and LNG Jetty constructions.
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Myanmar M3 Project

The project is awaiting approval for the Field Development Plan from the Government of Myanmar.
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Myanmar M11 Project

The project is in preparation for drilling plan of an exploration well and is seeking partner to manage the project’s risk.
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Myanmar MOGE3

The project completed drilling an exploration well in January 2019. Currently, the project is in process of drilling the second exploration well as well as preparing for 2 exploration wells drilling in 2019.
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Myanmar MD-7 Project

The project is under preparation for drilling plan of exploration well.
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Abu Dhabi Offshore 1 Project

PTTEP signed the concession agreements on January 12, 2019. Currently, the project is under the evaluation of petroleum potential.
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Abu Dhabi Offshore 2 Project

PTTEP signed the concession agreements on January 12, 2019. Currently, the project is under the evaluation of petroleum potential.
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Vietnam B 48/95

The project is under Production Sharing Contracts extension request and is under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID).
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Vietnam 52/97 Project

The project is under Production Sharing Contracts extension request and is under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID)
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Vietnam 16-1 Project

The project is drilling an additional production well to maintain production plateau. Crude oil and natural gas sales volume in Q1 averaged 16,665 BPD and 6 MMSCFD (approximately 1,352 BOED) respectively.
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Bongkot Project

The project maintained the production plateau as planned. In February 2019, PTTEP signed the Production Sharing Contracts (PSCs) of Block G1/61 (Erawan field) and Block G2/61 (Bongkot field)
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Contract 4 Project

Ubon Field is in the process of pre-development and expected the first production by 2023 with crude oil and natural gas capacity of 25,000 BPD and 50 MMSCFD respectively (approximately 8,300 BOED).
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S1 Project

The project has continuously drilled additional production wells to maintain production levels.
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International

Phase

Exploration

Investment Type

PTTEP as Operator

Exploration and Production

PTTEP Australasia Project
Type of Business Exploration and Production
Concessions Block AC/L3, AC/RL4, AC/RL5, AC/RL6, AC/RL7, AC/RL10, AC/RL12 and AC/P54
Area Challis (751 square kilometer), Cash Maple (420 square kilometer ), Oliver (170 square kilometer)
Location Timor Sea, Offshore, Western Australia
Operator Please see “Partners & Share” below
Petroleum Fields -
Type of Petroleum Natural gas, crude oil and condensate
Signing Date
Production Start-up
Phase Exploration
Investment Type PTTEP as Operator

Partners & Share

Blocks AC/L3, AC/L7, AC/L8, AC/RL7, AC/RL12 and AC/P54

PTTEP Australasia (Ashmore Cartier) Pty Ltd (PTTEP AAA) (Operator)
100%

Blocks AC/RL4 and AC/RL5

PTTEP Australia Timor Sea Pty Ltd (PTTEP AT) (Operator)
100%

Block AC/RL6

PTTEP Australia Timor Sea Pty Ltd (PTTEP AT) (Operator)
100%

Block AC/RL10

PTTEP Australia Timor Sea Pty Ltd (PTTEP AT) (Operator)
90%
Bengal Energy Ltd
10%

Project Progress :

Year :

2017

Quarter 4

The Montara Field completed the drilling of a development well in 2017 in order to accelerate production capacity that maintained average Sales Volume for the year 2017 at 10,580 BPD.

The Cash Maple Field completed the Pre-FEED study and is in the process of FEED study preparation which is expected to be completed by 2018.

2018

Quarter 1

The Montara Field maintained average sales volume at 6,131 BPD.  

The Cash Maple Field completed the Pre-FEED study and is evaluating the future development plan.

Quarter 2

The Montara Field sales volume averaged 8,139 BPD.

The Cash Maple Field completed the Pre-FEED study and is under evaluation of development plan.

 

Quarter 3

Montara Field sales volume averaged 7,252 BPD.

Cash Maple Field is under the evaluation of appropriated development plan.

AC/P54 Field is under preparation of exploration drilling plan.

Quarter 4

The Montara Field sales volume in 2018 averaged 5,368 BPD. The divestment of the field was completed on September 28, 2018. However, the operatorship transfer is awaiting for approval from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).

The Cash Maple Field has completed the Pre-FEED study and is under the evaluation of  appropriated development plan.

The AC/P54 Field is under preparation of an exploration well drilling.

2019

Quarter 1

The Montara Field’s operatorship transfer is awaiting for approval from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA, Australia.

The Cash Maple Field is under the evaluation of appropriated development plan.

The AC/P54 Field completed an exploration well drilling.