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SUSTAINABLE DEVELOPMENT
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PTTEP is E&P company in Thailand, exploring for sustainable sources of petroleum for the countries we operate
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PASSION TO EXPLORE
FOR A SUSTAINABLE FUTURE
FOR A SUSTAINABLE FUTURE
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LEAP TOWARDS A SUSTAINABLE FUTURE
AS LEADING EXPLORATION AND PRODUCTION COMPANY IN ASIAPRESS RELEASES
SET NOTIFICATION
3 Jan
2019
2019
Temporary shutdown of the Bongkot’s operation due to the Tropical Storm ‘PABUK’ entering the Gulf of Thailand
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20 Dec
2018
2018
Renewal of the Short-Term Inter-Company Borrowing and Lending Agreement between PTTEP and PTT
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13 Dec
2018
2018
The award of Thailand Petroleum Bidding Round 2018 for Exploration Blocks offshore the Gulf of Thailand No. G1/61 and G2/61
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CSR NEWS
FEATURED EXPLORATION AND PRODUCTION
Investment Type
PTTEP as Operator PTTEP as Operator PTTEP as Joint Venture Partner PTTEP as Joint Venture Partner PTTEP as Joint Operator PTTEP as Joint Operator
Highlights
More Projects
Algeria Hassi Bir Rekaiz Project
The project’s development plan has been approved by the Algerian government in April 2018. The project’s development plan is divided into 2 phases. The first phase capacity of around 10,000-13,000 BPD is expected to start production within 2020 with a plan for the second phase production capacity ramping up to around 50,000-60,000 BPD in 2024.
>Project info
PTTEP Australasia Project
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.
>Project info
Barreirinhas AP1 Project
The project continues studying the petroleum potential for future development plan.
>Project info
Brazil BM-ES-23 Project
The project continues studying the petroleum potential for future development plan.
>Project info
Mariana Oil Sands Project
The project is under the consideration of development plan to suit with current circumstance.
>Project info
Sarawak SK410B Project
The project is assessing the fields’ resource potential and under preparation of exploration drilling campaign.
>Project info
Mexico block 29 (2.4) Project
The projects is under preparation of exploration plan to the Mexico National Commission Hydrocarbon.
>Project info
Mexico block 12 (2.4) Project
The projects is under preparation of exploration plan to the Mexico National Commission Hydrocarbon.
>Project info
Mozambique Rovuma Offshore Area 1 Project
The project has made a significant progress during Q3, 2018 including the site preparation activities to support onshore LNG liquefaction plant construction, the completion of contractor selection for offshore installation. The project is under negotiation on construction agreement of onshore LNG liquefaction plant and the finalization and signing of other long term LNG Sale and Purchase Agreements (SPAs) with potential buyers. In parallel, the project is negotiating for project finance with financial institutions in order to support the Final Investment Decision (FID) in the 1H2019.
>Project info
Zawtika Project
The project has completed production drilling from 2 out of 4 production platforms in Phase 1C to maintain the production level. In Q3, 2018, natural gas sales averaged 296 MMSCFD (approximately 47,329 BOED) which slightly lower than planned due to monsoon floods and the use of hydropower, instead of natural gas, to generate electricity. However, it is anticipated that the average production volume will reach the level as planned for Year 2018.
>Project info
Myanmar M3 Project
The project is in the process of commercial framework discussion with the Government of Myanmar.
>Project info
Myanmar M11 Project
The project is under preparation of exploration drilling plan and is seeking partners to manage the project’s risk.
>Project info
Myanmar MOGE 3 Project
The project is under preparation of drilling an exploration well that expected to start the drilling within Q4, 2018.
>Project info
Vietnam 16-1 Project
The project is drilling additional production wells to maintain production plateau. In Q3, 2018, crude oil and natural gas sales averaged 15,816 BPD and 8 MMSCFD (approximately 1,734 BOED) respectively.
>Project info
Vietnam B & 48/95 Project
The project has been granted approval for the Field Development Plan and are under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID), targeting first production by the end of 2022 with ramping up capacity to 490 MMSCFD.
>Project info
Vietnam 52/97 Project
The project has been granted approval for the Field Development Plan and are under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID), targeting first production by the end of 2022 with ramping up capacity to 490 MMSCFD.
>Project info
Bongkot Project
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.
>Project info
Contract 4
The project is in the process of pre-development with expected first production of oil and natural gas by 2022 at planned capacity of 25,000 BPD and 50 MMSCFD (approximately 8,300 BOED), respectively.
>Project info
S1 Project
The project has continuously drilled additional production wells to increase future production levels.
>Project info
PTT Exploration and Production Public Company Limited
555/1 Energy Complex Building A, 6th Floor & 19th - 36th Floor, Vibhavadi-Rangsit Road, Chatuchak, Chatuchak, Bangkok 10900 ThailandPhone : 66 (0) 2537-4000
Fax : 66 (0) 2537-4444
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Copyright © PTT Exploration and Production Plc. All Rights Reserved.
Copyright © PTT Exploration and Production Plc. All Rights Reserved.