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Algeria Hassi Bir Rekaiz Project

The project’s development plan that has been approved by the Algerian government in April 2018, is divided in 2 phases. The first phase is expected to start production with the production capacity of around 10,000-13,000 BPD in 2020 and the second phase production capacity ramping up to around 50,000-60,000 BPD in 2024.
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Algeria 433a & 416 b Project

In 2018, the project production volumes averaged 17,350 BPD.
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PTTEP Australasia Project

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.
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Brazil BM-ES-23 Project

The project is under evaluating the petroleum potential.
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Barreirinhas AP1 Project

The project is under evaluating 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 assessing the fields’ resource potential and under the preparation to drill exploration well in 2019.
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Sarawak SK417 Project

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

The project is under preparation to drill 2 exploration wells in 2019.
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Mexico block 12 (2.4)

The project submitted the exploration plan to the National Hydrocarbons Commission in Mexico.
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Mexico block 29 (2.4) Project

The project submitted the exploration plan to the National Hydrocarbons Commission in Mexico.
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Mozambique Rovuma Offshore Area 1 Project

The project is under the finalization and signing of long term LNG Sale and Purchase Agreements (SPAs) with potential buyers and, in parallel, the project is negotiating for project finance with financial institutions in order to support the Final Investment Decision (FID) in the 1H2019, with the planned first phase of production at 12 MTPA starting in 2024.
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Myanmar M11 Project

The project is under preparation for drilling plan of an exploration well and is seeking partner to manage the project’s risk.
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Myanmar M3 Project

The Project is awaiting approval for the Field Development Plan that was proposed from the Government of Myanmar.
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Myanmar MD-7 and MD-8 Project

The project is under preparation for drilling plan of exploration well.
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Myanmar MOGE 3 Project

The project starts drilling an exploration well in December 2018 and is under preparation to drill 3 exploration wells.
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Zawtika Project

The project completed production drilling from 4 production platforms in Phase 1C and has continuously drilled additional production wells to maintain production plateau. In 2018, the natural gas sales volume averaged 298 MMSCFD (approximately 47,569 BOED).
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Vietnam 16-1 Project

The project started production from 2 production platforms and is currently drilling an additional production well to maintain production plateau. In 2018, crude oil and natural gas sales volume averaged 17,238 BPD and 6 MMSCFD (approximately 1,353 BOED) respectively.
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Vietnam 52/97 Project

The project has been granted approval for the Field Development Plan and is under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID).
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Vietnam B & 48/95 Project

The project has been granted approval for the Field Development Plan and is under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID).
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Bongkot Project

In December 2018, PTTEP was awarded the rights of petroleum exploration and production and as the operator of Bongkot and Erawan fields, the concessions are expiring in 2022-2023.
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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 production capacity of 25,000 BPD and 50 MMSCFD (approximately 8,300 BOED) respectively.
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S1 Project

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

Phase

Production

Investment Type

PTTEP as Operator

Exploration and Production

Bongkot Project
Type of Business Exploration and Production
Concessions Blocks B15, B16, B17 and G12/48
Area 3,238.5 square kilometers
Location In the Gulf of Thailand
Operator PTT Exploration and Production Public Company Limited
Petroleum Fields Greater Bongkot North, Greater Bongkot South and G12/48
Type of Petroleum Natural Gas and Condensate
Signing Date March 10, 1972
Production Start-up July 15, 1993
Phase Production
Investment Type PTTEP as Operator

Partners & Share

Block B15, B16 and B17

PTT Exploration and Production Public Company Limited
66.6667%
Total E&P Thailand
33.3333%

Block G12/48

PTTEP International Limited (PTTEPI)
66.6667%
Total E&P Thailand
33.3333%

Project Progress :

Year :

2018

Quarter 1 PTTEP completed the acquisition of additional 22.2222% stake from Shell affiliates on June 21, 2018, is currently in the process of Dataroom assessment in order to bid for the expiring concession that the bidding result is expected to announce within the end of 2018. Quarter 2

The project maintained the production level as planned. Currently, the project is in the process of bidding preparation for the Bongkot concession, which will be expired in 2022-2023.

Quarter 3

The project maintained the production level as planned. PTTEP has submitted bid proposals for Bongkot and Erawan expiring concessions. The bidding result is expected to announce within the end of 2018.

Quarter 4 In December 2018, PTTEP was awarded the rights of petroleum exploration and production and as the operator of Bongkot and Erawan fields, the concessions are expiring in 2022-2023.