2012 UBS Thailand Natural Gas Field Trip Pierre Breber Managing Director Asia South Strategic Business Unit March 26, 2012 Bangkok, Thailand 2012 Chevron Corporation
Strong Safety Culture 2012 Chevron Corporation 3
A Strong Worldwide Portfolio 2012 Chevron Corporation 4
Our Gas Resources Are Aligned With Asian Growth 2012 Chevron Corporation 5
Chevron Asia Pacific Exploration & Production Largest IOC in the region 2011 Net Production: 653 MBOED 2011 Proved Reserves: 3.2 BBOE China Largest producer in Thailand, Bangladesh Indonesia and Bangladesh Thailand Cambodia…
Chevron Asia South Regional headquarters in Bangkok Large base business in Thailand and Bangladesh Growth Opportunities in each country to help meet increasing energy demand 2011 Net Production: 319 MBOED 2012 Chevron…
Thailand Leading IOC, primarily natural gas production 2011 Net Production: 209 MBOED Efficient operator drilling 300 wells per year 1,755 employees (91% Thai) and 1,461 contractors at the end of 2011 Platong Gas II Startup…
Thailands Natural Gas Market Natural Gas accounts for 40% BSCFD of Thailands energy needs 5.0 50% 2000-2011 natural gas 4.0 40% consumption more than doubled 3.0 30% Chevron operated production 2.0 20% supplies 40% of Kingdoms…
Thailand Platong Gas II 377MMCFPD and 11MBD of condensate production 27 wellhead platforms, 500 - 600 wells anticipated Chevron-operated: 69.9% equity interest First gas achieved October 2011 2012 Chevron Corporation 10
Vietnam Block B Gas Development Project Description: 490 MMCFPD and 4MBD of condensate production Estimated US4.3 Billion 42-43% operated interest in Blocks B, 48/95 and 52/97 28.7% non-operated interest in natural gas…
Myanmar, Cambodia, and Thailand Cambodia Overlapping Claim Area Myanmar 2011 Net production: 14 MBOED Supply for Myanmar domestic demand and export to Thailand 28.3% non-operated equity interest Cambodia Progressing towards FID…
Bangladesh 2011 Net Production: 74 MBOED Three onshore fields: Bibiyana Jalalabad Moulavi Bazar Supply 50% of the countrys natural gas demand Growth Projects Muchai Compression startup expected 2Q 2012 Bibiyana Expansion…
China 2011 Net Production: 22 MBOED Non-operated equity interests: Bohai Bay and South China Sea Chuandongbei natural gas project Deepwater Pearl River Mouth Basin 3-D seismic and 3 well exploration program Shale Gas Joint…
Australia Gorgon LNG Development 2012 Chevron Corporation 15
Gorgon: Achieving Milestones and Advancing Toward First LNG 2012 Chevron Corporation 16
Australia Wheatstone LNG Development 2012 Chevron Corporation 17
Wheatstone: Awarding Contracts and Ramping Up Construction Activity 2012 Chevron Corporation 18
Continued Exploration Success Builds Momentum for Australia LNG Expansions 2012 Chevron Corporation 19
Loading...
