ABOUT PTTEP
SUSTAINABLE DEVELOPMENT
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PTTEP strives for a balance that creates long-term value for business, society and the environment.
PTTEP is E&P company in Thailand, exploring for sustainable sources of petroleum for the countries we operate
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Highlights
More Projects
Algeria 433a & 416 b Project
In 2018, the project production volumes averaged 17,350 BPD.
>Project info
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.
>Project info
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.
>Project info
Mariana Oil Sands Project
The project is under the evaluation of appropriate project development plan.
>Project info
Sarawak SK410B Project
The project is assessing the fields’ resource potential and under the preparation to drill exploration well in 2019.
>Project info
Sarawak SK438 Project
The project is under preparation to drill 2 exploration wells in 2019.
>Project info
Mexico block 29 (2.4) Project
The project submitted the exploration plan to the National Hydrocarbons Commission in Mexico.
>Project info
Mexico block 12 (2.4)
The project submitted the exploration plan to the National Hydrocarbons Commission in Mexico.
>Project info
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.
>Project info
Myanmar M3 Project
The Project is awaiting approval for the Field Development Plan that was proposed from the Government of Myanmar.
>Project info
Myanmar MD-7 and MD-8 Project
The project is under preparation for drilling plan of exploration well.
>Project info
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.
>Project info
Myanmar MOGE 3 Project
The project starts drilling an exploration well in December 2018 and is under preparation to drill 3 exploration wells.
>Project info
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).
>Project info
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.
>Project info
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).
>Project info
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).
>Project info
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.
>Project info
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.
>Project info
S1 Project
The project has continuously drilled additional production wells to maintain production levels.
>Project info
Our Business
PTTEP has invested in E&P activities
PTTEP has invested in E&P activities in Thailand, Myanmar, Vietnam, Indonesia, Malaysia, United Arab Emirates, Algeria, Mozambique, Australia, Canada, Mexico and Brazil.
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Fifth consecutive year of PTTEP as Dow Jones Sustainability Indices (DJSI) member
Annual Report 2018
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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.