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Algeria 433a & 416b Project

The project production volumes averaged 18,399 BPD.
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Algeria Hassi Bir Rekaiz Project

The project has reached agreement to start the development of approved by government that the development plan started in March 2019.
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PTTEP Australasia Project

The Montara Field’s operatorship transfer is awaiting for approval from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA, Australia. The Cash Maple Field is under the evaluation of appropriated development plan The AC/P54 Field completed an exploration well drilling
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Barreirinhas AP1 Project

The project is under the evaluation of the petroleum potential.
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Brazil BM-ES-23 Project

The project is under the evaluation of 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 under drilling preparation of an appraisal well.
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Sarawaksk 417 Project

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

The project is under the evaluation of the petroleum potential.
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Peninsular PM415 Project

PTTEP signed the Production Sharing Contracts on 21 March 2019. Currently, the project is under the evaluation of petroleum potential.
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Peninsular PM407 Project

PTTEP signed the Production Sharing Contracts on 21 March 2019. Currently, the project is under the evaluation of petroleum potential.
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Mexico block 29 (2.4) Project

The projects is under the evaluation of petroleum potential.
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Mexico block 12 (2.4) Project

The project is under evaluation of the petroleum potential.
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Mozambique Area 1 Project

The project has made a significant progress in Q1, 2019, which includes; signing the long-term LNG Sale and Purchase Agreements (SPAs) with various buyers for 9.5 MTPA per year, which is sufficient for project finance with financial institutions. In addition, the project has been granted the approval from the government and Area 4 Project (near-by project), as the first mover of the development of Onshore LNG Plant in Mozambique, to lead the construction of the shared facilities; Material Offloading Facility and LNG Jetty constructions.
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Myanmar M3 Project

The project is awaiting approval for the Field Development Plan from the Government of Myanmar.
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Myanmar M11 Project

The project is in preparation for drilling plan of an exploration well and is seeking partner to manage the project’s risk.
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Myanmar MOGE3

The project completed drilling an exploration well in January 2019. Currently, the project is in process of drilling the second exploration well as well as preparing for 2 exploration wells drilling in 2019.
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Myanmar MD-7 Project

The project is under preparation for drilling plan of exploration well.
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Abu Dhabi Offshore 1 Project

PTTEP signed the concession agreements on January 12, 2019. Currently, the project is under the evaluation of petroleum potential.
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Abu Dhabi Offshore 2 Project

PTTEP signed the concession agreements on January 12, 2019. Currently, the project is under the evaluation of petroleum potential.
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Vietnam B 48/95

The project is under Production Sharing Contracts extension request and is under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID).
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Vietnam 52/97 Project

The project is under Production Sharing Contracts extension request and is under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID)
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Vietnam 16-1 Project

The project is drilling an additional production well to maintain production plateau. Crude oil and natural gas sales volume in Q1 averaged 16,665 BPD and 6 MMSCFD (approximately 1,352 BOED) respectively.
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Bongkot Project

The project maintained the production plateau as planned. In February 2019, PTTEP signed the Production Sharing Contracts (PSCs) of Block G1/61 (Erawan field) and Block G2/61 (Bongkot field)
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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 capacity of 25,000 BPD and 50 MMSCFD respectively (approximately 8,300 BOED).
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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.

2019

Quarter 1 The project maintained the production plateau as planned. In February 2019, PTTEP signed the Production Sharing Contracts (PSCs) of Block G1/61 (Erawan field) and Block G2/61 (Bongkot field)