Highlights Highlights More Projects More Projects
View ListView Map
Map

The Algeria 433a and 416b

The project production volume averaged 18,885 BPD.
>Project info

Algeria Hassi Bir Rekaiz

The project’s development plans are being prepared to be submitted to the Algerian government within 2017.
>Project info
arrow

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
>Project info
arrow

The Barreirinhas AP1

The project is in the process of evaluating the basin’s petroleum potential through study of 3D seismic data.
>Project info

BM-ES-23

The study of petroleum potential for the preparation of the future development plan is ongoing.
>Project info
arrow

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.
>Project info
arrow

Myanmar M3

The feasibility study and commercial the evaluation of resource potential are ongoing.
>Project info

Myanmar M11

The project is being assessed for the fields’ resource potential.
>Project info

Myanmar MD-7

The project is being assessed for the fields’ resource potential.
>Project info
arrow

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.
>Project info
arrow

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.