Asset Report

Contract 2 Area

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25 July 2018

Contract 2 Area

Report summary

The Contract 2 Area, previously known as the Unocal 2 Contract Area, covers a group of gas/condensate fields in the Gulf of Thailand, including Baanpot, Platong, Satun, South Satun, Kaphong and Pladang. The fields were developed to supply gas as part of the second gas sales agreement (GSA) between Unocal and PTTEP. Baanpot was the first field to be developed and was brought onstream in 1983, ahead of schedule due to lower than expected output from the adjacent Erawan field. The initial ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
    • Contract 2 Area
    • Blocks 10A and 11A
  • Geology
  • Well data
    • Recent exploration
    • Historical exploration
  • Reserves and resources
    • Gas
      • DCQ levels
      • Third Gulf of Thailand trunk line
      • Platong II
    • Oil
    • Post-expiry
    • Key Development Metrics
      • Wells
      • Facility Summary
      • Historical Development - Field Summary
      • Decommissioning
    • Gas
      • Erawan - Map Ta Phut
      • Erawan - Map Ta Phut 2
      • Erawan - Map Ta Phut 3
    • Liquids
    • Exploration Costs
    • Capital Costs
    • Operating Costs
    • Gas
      • Gas pricing
      • 2001 agreement
      • 2002 agreement
      • 2003 HoA and 2007 GSA
    • Condensate
    • Current concession
    • Post-Expiry license
    • Cash Flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Gas price
    • Exchange rate
    • Global Economic Model (GEM) file
  • Economic analysis

Tables and charts

This report includes 24 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Contract 2 Area Map
  • Field Location Map: Unocal Contract Areas
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Cash Flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
  • Remaining Present Value Price Sensitivities
  • Participation: Table 1
  • Production: Table 1
  • Production: Table 2
  • Production Profile - Contract 2 Area
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Costs: Table 4
  • Sales contracts: Table 1
  • Infrastructure: Table 1

What's included

This report contains:

  • Document

    Contract 2 Area

    PDF 5.18 MB

  • Document

    Contract 2 Area

    XLS 632.50 KB

  • Document

    Contract 2 Area

    ZIP 5.66 MB

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