Registration document 2007 - Total.com

TOTAL also has a 50% interest in the Saliki exploration block,
which is adjacent to the Mahakam permit.
Late in 2006, a gas discovery, Tunu Great South-1, was made
between the Tunu and Peciko fields on the Mahakam permit.
After the commissioning of onshore compression units in 2005,
and the launch the same year of the fifth phase regarding the
installation of a new platform and the drilling of additional wells,
the development of the Peciko field continued in 2006 with the
decision to invest in new compression capacities.
On the neighboring Tunu field, the tenth phase of development
is underway and four additional platforms became operational
in 2006. The eleventh development phase, to install onshore
compression units, was launched in 2005 and is continuing.
A new phase for drilling additional wells was agreed upon late
in 2006.
The project to extend the Tambora field, launched in 2004,
advanced with the commissioning of three new platforms by
mid-2006.
Phase 1 of the new Sisi-Nubi offshore development was launched
in 2005 and is ongoing. Gas from Sisi-Nubi is expected to be
produced early in 2008 through existing processing facilities.
Malaysia
Since 2001, TOTAL has held a 42.5% interest in the deepoffshore
Block SKF permit. After drilling an exploration well in
2004, TOTAL reevaluated the exploration potential of the permit
and requested an extension of the exploration period to carry out
additional work, which was obtained in March 2007.
Myanmar
TOTAL is the operator of the Yadana field (31.2%). The Group’s
share of production was 15 kboe/d in 2006, compared to
13 kboe/d in 2005 and 14 kboe/d in 2004. This field, located on
offshore Blocks M5 and M6, produces natural gas, which is
principally delivered to PTT (Thailand’s state-owned company)
and used in Thai power plants.
Pakistan
TOTAL (40%, operator) held two ultra-deep offshore exploration
blocks in the Oman Sea. TOTAL relinquished its interests in these
two blocks in 2005 after the Group drilled a dry exploration well
in 2004.
Thailand
The Group’s primary asset in Thailand is the Bongkot gas and
condensates field (33.3%), where its production reached
41 kboe/d in 2006, compared to 40 kboe/d in 2005 and 2004.
PTT (Thailand’s state-owned company) purchases all the
condensates and natural gas produced.
Phase 3C of development, completed late in 2005, modified two
existing platforms and installed a new well platform and a
Business overview
Exploration & Production - Upstream
2
desulphurization platform. Production from phase 3E, launched
early in 2005 to create three well platforms, began mid-February
2007. A new development phase, 3F, for three new well
platforms was launched early in 2006 and production from this
development phase is expected to begin mid-2008.
Early in 2007, three new gas discoveries, Ton Chan-1X, Ton
Chan-2X and Ton Rang-2X on Blocks 15 and 16 of the Bongkot
field confirmed the Group’s interest in this concession. The
development plan for these three new discoveries is being
prepared, with production anticipated for as early as 2009.
TOTAL – Registration Document 2006 29