Asset Report
Contract 1 Area (Ceased)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The contract 1 Area, previously known as the Unocal 1 Contract Area, was the first offshore gas project in the Gulf of Thailand. Erawan, a large and complex gas/condensate field, was brought onstream in 1981 and has been developed via a central five-platform complex with more than 25 wellhead platforms. Gas from the Contract 1 Area is transported north to a terminal at Map Ta Phut through PTT's pipeline and onto southwestern Thailand via a pipeline to Khanom. The third Gulf of Thailand ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
-
Exploration
- Erawan
- Dara
- Just in time drilling
-
Reserves and resources
- Erawan
- Dara
- Production
-
Development
-
Key Development Metrics
- Wells
- Facility Summary
- Historical Development - Field Summary
- Dara
- Decommissioning
-
Key Development Metrics
-
Infrastructure
- Erawan - Khanom
- Erawan - Map Ta Phut 1
- Erawan - Map Ta Phut 2
- Erawan - Map Ta Phut 3
-
Costs
- Exploration Costs
-
Capital Costs
- Development
- Decommissioning
- Operating Costs
-
Sales contracts
-
Gas
- 1978 agreement
- 1994 upgrade to DCQ
- Gas pricing
- 2001 agreement
- 2002 agreement
- 2003 HoA and 2007 GSA
- 2018 until expiry
- Condensate
-
Gas
-
Fiscal and regulatory
- Concession
- Post-Expiry license
-
Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Exchange rate
- Global Economic Model (GEM) file
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 21 images and tables including:
- Key facts: Table 1
- Index Map
- Contract 1 Area Map
- Field Location Map: Unocal Contract Areas
- Participation: Table 1
- Well data: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile - Contract 1 Area
- Reserves and resources: Table 1
- Infrastructure: Table 1
- Costs: Table 3
- Current Concession - Contract 1 Area
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2025
- Costs: Table 1
- Costs: Table 2
- Sales contracts: Table 1
What's included
This report contains:
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