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Algeria 433a and 416b Project

The project production volume averaged 17,172 BPD.
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PTTEP Australasia Project

The Montara Field Sales Volume for the second quarter of 2017 averaged 9,911 BPD which was slightly lower than the production plans due to the cyclone season in April and May 2017 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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Mariana Oil Sands Project

The project completed Pre-FEED study and is in the process of reviewing the development plan with focus on cost reduction and risk mitigation.
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Sarawak SK410B Project

The project is carrying out 3D seismic activities.
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Mozambique Rovuma Offshore Area 1 Project

The project made progress in the receiving official approval on marine concessions from the government of Mozambique, and the resettlement plan is in the preparation phase. 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) of the project.
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Zawtika Project

The project has maintained its production as planned, and continued drilling the additional development wells in Phase 1B and constructing 4 wellhead platforms in Phase 1C to maintain the production plateau. The current gas sales volume was 327 MMSCFD (approximately 52,058 BOED).
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Myanmar M3 Project

The feasibility study and the commercial evaluation of resource potential are ongoing.
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Myanmar MOGE-3 Project

The project completed 2D and 3D seismic campaign and is being assessed for the project’s resources potential and prospects.
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Vietnam 16-1 Project

The crude oil sales volume averaged 22,247 BPD. The project has begun production of crude oil from 1 additional development well as planned, and is in the process of drilling 1 appraisal well in order to maintain its production level.
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Phase

Production

Investment Type

PTTEP as Joint Operator

Exploration and Production

Vietnam 16-1 Project
Type of Business Exploration and Production
Concessions Block 16-1
Area 173 square kilometers (Only for TGT field)
Location Offshore, Southeast of Vung Tau City, Vietnam
Operator Hoang Long Joint Operating Company (HLJOC)
Petroleum Fields Te Giac Trang (TGT)
Type of Petroleum Natural gas and crude
Signing Date December 8, 1999
Production Start-up August 22, 2011
Phase Production
Investment Type PTTEP as Joint Operator

Partners & Share

Block 16-1

Petrovietname Exploration Production Corporation (PVEP)
41%
PTTEP Hoang-Long Company Limited (PTTEP HL)
28.5%
SOCO Vietnam Ltd.
28.5%
OPECO Vietnam Ltd.
2%

Project Progress :

Year :

2016

Quarter 1

Crude oil sales volume averaged 27,275 BPD and natural gas averaged approximately 15 MMSCFD (approximately 3,872 BOED).

Quarter 2

Crude oil sales volume averaged 26,949 BPD and natural gas averaged approximately 11 MMSCFD (approximately 2,683 BOED).

Quarter 3 Crude oil sales volume averaged 23,290 BPD and natural gas sales volume averaged approximately 10 MMSCFD (approximately 2,383 BOED). Quarter 4 The project is in the process of drilling 2 development wells to maintain the production levels, and expects completion and commercial production in early 2017. The current crude oil sales volume averaged 26,681 BPD, and natural gas sales volume averaged 10 MMSCFD (approximately 2,656 BOED).

2017

Quarter 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. Quarter 2 The crude oil sales volume averaged 22,247 BPD. The project has begun production of crude oil from 1 additional development well as planned, and is in the process of drilling 1 appraisal well in order to maintain its production level.