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18 Africa, Middle East and Asia<br />
Thailand<br />
<strong>BG</strong> <strong>Group</strong>’s investment in Thailand is focused on<br />
upstream activities, including an interest in the large<br />
offshore Bongkot field, which supplies approximately<br />
20% of the country’s gas demand.<br />
Areas of operation<br />
New information<br />
• Increased equity interest in<br />
Blocks 7, 8 and 9<br />
• Gas Sales Agreement for Bongkot<br />
South signed<br />
Key dates<br />
ANDAMAN SEA<br />
Key to operations<br />
Gas<br />
Oil<br />
Gas pipeline<br />
Oil pipeline<br />
Gas and Oil/<br />
Condensate<br />
0 250km<br />
1990 Participation and Operating<br />
Agreement (POA) with partners<br />
entered into<br />
1993 Bongkot first production<br />
2001 Memorandum of Understanding<br />
(MoU) between Thailand<br />
and Cambodia for a Joint<br />
Development Area<br />
2007 Supplementary Petroleum<br />
Concession Agreements signed<br />
www.bg-group.com<br />
MYANMAR<br />
<strong>BG</strong> <strong>Group</strong>operated<br />
block<br />
<strong>BG</strong> <strong>Group</strong><br />
non-operated<br />
block<br />
RATCHABURI<br />
Block 9A<br />
KHANOM<br />
12<br />
9<br />
6<br />
3<br />
0<br />
THAILAND<br />
BANGKOK<br />
RAYONG<br />
Bongkot<br />
Oil & liquids<br />
Gas<br />
Blocks 7, 8, 9<br />
GULF OF<br />
THAILAND<br />
B13/38<br />
9.8<br />
2006<br />
CAMBODIA<br />
Thailand: <strong>BG</strong> <strong>Group</strong> 3 year production<br />
Total production mmboe (net)<br />
9.9<br />
2007<br />
9.8<br />
2008<br />
BONGKOT GAS FIELD<br />
<strong>BG</strong> <strong>Group</strong> has a 22.22% interest in the<br />
Bongkot field in the Gulf of Thailand, which<br />
came onstream in 1993. The field is operated<br />
by PTT Exploration and Production (PTTEP).<br />
Production to date is from Bongkot North<br />
where the DCQ has risen to 550 mmscfd<br />
(from an initial 150 mmscfd) through<br />
phased development. The Bongkot North<br />
development consists of a central complex<br />
for gas gathering, processing, export and<br />
accommodation; a condensate floating<br />
storage and offloading vessel; and 22<br />
remote wellhead platforms.<br />
In 2007, the Thai Government granted an<br />
extension of Bongkot’s production periods for<br />
Blocks B15, B16 and B17 until 2022 and 2023.<br />
Further development is planned to extend<br />
the life of the field: in 2008 the partnership<br />
successfully drilled three exploration wells on<br />
Bongkot North to define the next phase of<br />
development, and further exploration drilling<br />
in 2009 and beyond is aimed at discovering<br />
reserves for additional development phases.<br />
Bongkot South is an important part of the<br />
development plan and is being developed<br />
independently from the existing Bongkot<br />
North facilities. It will comprise a central<br />
processing facility, a quarters platform<br />
and 13 wellhead platforms. The Gas Sales<br />
Agreement for Bongkot South was signed<br />
in July 2009. First gas is scheduled for 2012.<br />
EXPLORATION<br />
<strong>BG</strong> <strong>Group</strong> is the operator of Blocks 7, 8 and 9<br />
in the Gulf of Thailand, in an area subject to<br />
overlapping claims by Thailand and Cambodia.<br />
In March 2009, <strong>BG</strong> <strong>Group</strong> completed the<br />
acquisition of Rio Tinto’s 16.67% interest in<br />
Blocks 7, 8 and 9. The acquisition increases<br />
<strong>BG</strong> <strong>Group</strong>’s equity in the blocks from 50%<br />
to 66.67%.<br />
In 2001, a MoU was signed by the governments<br />
of Thailand and Cambodia aimed at concluding<br />
an agreement for the exploration and<br />
development of hydrocarbons in the<br />
overlapping claims area. A Joint Technical<br />
Committee is working to agree a mutually<br />
acceptable basis for resolution.