The China Sichuan Basin Case Study

Size: px
Start display at page:

Download "The China Sichuan Basin Case Study"

Transcription

1 The CCOP Petroleum Policy & Management (PPM) Project The China Sichuan Basin Case Study Simplicio P. Caluyong PPM Project Coordinator Dissemination Seminar, Beijing, 5 June 2006 CONTENTS PPM Project Profile The Sichuan Basin Case Study Activities Accomplishments

2 PPM Petroleum Policy and Management The goals of the Project is to enable government organizations responsible for petroleum resource management in the CCOP Member Countries to: 1. Establish a sustainable and efficient national petroleum management and policy, 2. Envisage the mechanism and importance in revising and improving their petroleum management and policy arrangements due to changes in political, economic and market conditions, and 3. Enhance their capacity and capability in petroleum resource management, based upon a realistic assessment of their own petroleum potentials utilizing national data. PPM Petroleum Policy and Management Integrate the acquired knowledge and technology from the previous NORAD-supported projects into hands-on experience 4 CASE STUDIES WORKSHOPS AND SEMINARS SOFTWARE / TECHNOLOGY GOOD GOVERNANCE TECHNICAL

3 Case Studies - The Concept RESOURCE ASSESSMENT 1. Identify all prospects, discoveries and fields 2. Play/prospect assessment; success ratio, creaming curve, quality control 3. Development and operational cost assessment 4. Define minimum economic pool size(s) SYNTHESIS, DISCUSSION AND SCENARIOS Basin Play Prospect Discovery Field FRAMEWORK CONDITIONS 1. Exploration (and development/prod.) strategy 2. Area preparation, promotion strategies 3. Licensing procedures and systems 4. License conditions; regulations 5. Supervisory routines for license activities 6. Fiscal systems 7. Procedures for marginal fields 8. Regulations; the development and production phase The 4 Case Studies Frontier Basins Cambodia: Khmer Basin Philippines: Sulu Sea and East Palawan Basins Semi-mature mature Basin China: Sichuan Basin Mature Basin Indonesia: Kutei Basin

4 PPM Specific Objectives to conduct a total resource assessment and economic analysis of the 5 plays in the Triassic and Jurassic reservoirs. Principles and procedures of geological risk analysis of fractured reservoirs should be established Evaluate the effects of various framework conditions and their impact on profitability of fields and prospects. Develop the strategies for further development of this semi-mature basin with existing gas production, regarding use, sale and infrastructure 1 st Chengdu City, Oct 03 General overview of the geology, petroleum activities and resource assessment activities of SINOPEC in the case study basin Resource persons: China (SINOPEC), Norway (NPD) and Philippines (DOE) 26 Participants from 7 Member Countries of CCOP

5 2 nd May 04, Chengdu City Petroleum resource assessment and economic analysis Resource Persons: Norway (NPD) and China (SINOPEC and MLR) 25 Participants from 8 CCOP Countries 3 rd June 2005, Beijing Onshore gas development solutions and policies for investment opportunities Resource Persons: Norway (NPD), USA (Consultant), China (SINOPEC and MLR) and other CCOP Countries 32 Participants from 7 CCOP Countries

6 4 th Beijing, 30 May 3 June 06 Exploration and Development Strategies for low permeability gas reservoirs and the role of the Government in achieving the strategies Resource persons: Norway, USA, China, and other CCOP Countries 30 participants from 8 CCOP Countries Expert Visits 1 st March 04, Chengdu City Low permeability gas reservoir development Expert: Mr. Cyrus Esphahanian, Consultant (USA)

7 Expert Visits 2 nd April 04, Chengdu City Basin geology: Gas-centered gas system Expert: Dr. Ben Law, Consulting Geologist (USA) Expert Visits 3 rd April 2005, Beijing Modelling of exploration projects by use of GeoX version 5.4 Expert: Dr. Alfred Kjemperud, The Bridge Group AS

8 Expert Visits 4 th May 2006, Deyang, Sichuan Province Technology Exchange: Solutions and challenges in the tight gas reservoirs development Experts: Mr Wukar Hussain B Mazoor Hussain and Mr Mohd Zaki B Awang - PETRONAS Carigali SDN BHD, Malaysia Chinese Experts in other PPM case studies Mr. Yang Dengwei Cambodia Resource classification and assesment Risk assesment

9 Dissemination Seminar An opportunity for the China case study team to present the final results of the study to the stakeholders. Thank You! For more information, contact: Sim P. Caluyong Project Coordinator Tel (66) Fax (66) Mobile (66) website: