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Company Description

Contact Info

6001 Bollinger Canyon Road

San Ramon, CA 94583

United States

Phone: 925-842-1000


he Mediterranean. The company holds an 18 percent nonoperated working interest in the Karachaganak Field under a PSC that expires in 2038. Kazakhstan/Russia: The company has a 15 percent interest in the CPC affiliate. During 2013, CPC transported an average of 706,000 barrels of crude oil per day, including 635,000 barrels per day from Kazakhstan and 71,000 barrels per day from Russia. Bangladesh: The company holds a 99 percent interest in two operated PSCs covering Block 12 (Bibiyana Field) and Blocks 13 and 14 (Jalalabad and Moulavi Bazar fields). The rights to produce from Jalalabad expire in 2024, from Moulavi Bazar in 2028 and from Bibiyana in 2034. The Bibiyana Expansion Project includes installation of two gas processing trains, additional development wells and an enhanced liquids recovery facility, and has an incremental design capacity of 300 million cubic feet of natural gas and 4,000 barrels of condensate per day. Cambodia: The company owns a 30 percent interest in and operates the 1.2 million-acre Block A, located in the Gulf of Thailand. Myanmar: The company has a 28.3 percent nonoperated working interest in a PSC for the production of natural gas from the Yadana and Sein fields, within Blocks M5 and M6, in the Andaman Sea. The PSC expires in 2028. The company also has a 28.3 percent nonoperated interest in a pipeline company that transports majority of the natural gas to the Myanmar-Thailand border for delivery to power plants in Thailand. Thailand: The company has operated and nonoperated working interests in multiple offshore blocks in the Gulf of Thailand. Its natural gas production is sold to the domestic market under long-term sales agreements. The company holds operated interests in the Pattani Basin with ownership interests ranging from 35 percent to 80 percent. It also has a 16 percent nonoperated working interest in the Arthit Field located in the Malay Basin. Concessions for the producing areas within this basin expire between 2036 and 2040. During 2013, the company drilled five exploration wells in the Pattani Basin, and three were successful. The company also holds exploration interests in the Thailand-Cambodia overlapping claim area that are inactive, pending resolution of border issues between Thailand and Cambodia. Vietnam: The company is the operator of two PSCs in the Malay Basin off the southwest coast of Vietnam. The company has a 42.4 percent interest in a PSC that includes Blocks B and 48/95, and a 43.4 percent interest in a PSC for Block 52/97. The Block B Gas Development Project includes installation of wellhead and hub platforms, a floating storage and offloading vessel, a central processing platform and a pipeline to shore. China: The company has operated and nonoperated working interests in various areas in China. It operates and holds a 49 percent interest in the Chuandongbei PSC, located onshore in the Sichuan Basin. The development includes two sour gas processing plants connected by a natural gas gathering system to five fields. During 2013, the company continued construction on both natural gas processing plants. The PSC for Chuandongbei expires in 2038. The company holds a 59.2 percent-owned and operated interest in deepwater Block 42/05 in the South China Sea. In late 2013 and early 2014, an exploratory well was drilled in Block 42/05 and was unsuccessful. The company also has a 100 percent-owned and operated interest in shallow-water Blocks 15/10 and 15/28. In 2013, the company acquired two 3-D seismic surveys in these blocks. Processing of this seismic data is ongoing. During 2013, the company drilled two exploratory wells for shale gas in the Qiannan Basin and both were unsuccessful. The company also has nonoperated working interests of 24.5 percent in the QHD 32-6 Field and 16.2 percent in Block 11/19 in the Bohai Bay and 32.7 percent in Block16/19 in the Pearl River Mouth Basin. Philippines: The company holds a 45 percent nonoperated working interest in the Malampaya natural gas field. The Malampaya Phase 2 Project is designed to maintain capacity. During 2013, work progressed with two infill wells being completed. The company holds


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