Asset Report

Contract 2 Area (Ceased)

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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

  • Summary
    • Contract 2 Area
    • Blocks 10A and 11A
    • DCQ levels
  • Oil
  • Post-expiry
    • Wells
    • Facility Summary
    • Historical Development - Field Summary
    • Baanpot
    • Satun
    • Decommissioning
    • Erawan - Map Ta Phut
    • Erawan - Map Ta Phut 2
    • Erawan - Map Ta Phut 3
  • Liquids
  • Exploration Costs
    • Development
    • Decommissioning
  • Operating Costs
    • Gas pricing
    • 2001 agreement
    • 2002 agreement
    • 2003 HoA and 2007 GSA
    • Current concession
  • 2 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Contract 2 Area Map
  • Field Location Map: Unocal Contract Areas
  • Production (2015-2024)
  • Production Profile - Contract 2 Area
  • Exploration Costs 2010 to 2018 (US$ million)
  • Operating Costs 2014 to 2022 (US$ million)
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • 7 more item(s)...

What's included

This report contains:

  • Document

    Contract 2 Area (Ceased)

    XLS 723.50 KB

  • Document

    Contract 2 Area (Ceased)

    PDF 2.37 MB