Asset Report

Contract 1 Area (Ceased)

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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

  • Summary
    • Erawan
    • Dara
    • Just in time drilling
    • Dara
    • Wells
    • Facility Summary
    • Historical Development - Field Summary
    • Erawan
    • Erawan - Khanom
    • Erawan - Map Ta Phut 1
    • Erawan - Map Ta Phut 2
    • Erawan - Map Ta Phut 3
  • Liquids
  • Exploration Costs
    • Development
  • Operating Costs
    • 1978 agreement
    • 1994 upgrade to DCQ
    • Gas pricing
    • 2001 agreement
    • 2002 agreement
    • 2003 HoA and 2007 GSA
  • Condensate
  • Global Economic Model (GEM) file
  • Cash Flow
  • 1 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Contract 1 Area Map
  • Field Location Map: Unocal Contract Areas
  • Participation
  • Operating Costs 2014 to 2022 (US$ million)
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2025
  • 6 more item(s)...

What's included

This report contains:

  • Document

    Contract 1 Area (Ceased)

    XLS 675.00 KB

  • Document

    Contract 1 Area (Ceased)

    PDF 2.35 MB