Introduction Petroleum Exploration, Development and Production
|
|
- Jemima Norris
- 5 years ago
- Views:
Transcription
1 Introduction Petroleum Exploration, Development and Production Consultative Meeting with Turkana County Leaders 24 th July 2014 Mohammed Amin Adam (PhD) Africa Centre for Energy Policy 1
2 Oil and Gas Project Chain Exploration Appraisal Development Production Closure Cost Phase Value Addition Phase Revenue Phase
3 Pre-License Prospecting/Reconnaissance Pre-License Prospecting Geological Evaluation Purchase of geological and geophysical data Researching and Analysing geological data Carrying out G&G studies No physical access to site. Need to obtain permission from resource owner.
4 CUMULATIVE CASH FLOW ($MILLIONS) GAINING ACCESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION DECOMMISSIONING TIME (YEARS)
5 Right acquisition/contracting The Mineral right simply grant the contractor the right to Explore for Develop Produce the reserves The national government retains ownership of the reserves. This legal rights are acquired by entering into agreement with the mineral rights owner: Concession PSC Risk Service Agreement Hybrid
6 Exploration Phase Activities Similar to Prospecting Concentrated in smaller areas Involve drilling of Exploratory wells Topographical Studies Geological Studies Geochemical Studies Geophysical Studies Seismographic Studies 6
7 Eight (8) six (6) km long Streamers were used to record the Jubilee three (3) Dimensional seismic data Seismic Operation
8 Exploration- drilling Seismic can tell us that a structure is present but drilling a well is the only way to find out whether hydrocarbons are actually present in that structure.
9 Exploration Phase Oil and gas deposits are concealed underground. The deposit usually consists of gas, oil and water contained within porous rocks to allow their movement. The whole deposit is under pressure and the pressure is contained by a cap rock that is impermeable. Since oil is concealed, it therefore must be found and this requires Geographical studies using satellite and aerial photography are done to narrow down the area of search; Geophysical studies involving magnetic and gravity surveys are used to reduce the area of search further and Seismic surveys are used as the final step before undertaking exploratory drilling. Drilling is the last stage of any exploration process. This is used to confirm the existence of the underground resources identified through other exploratory methods.
10 Drilling Multi-lateral Vertical Horizontal We can drill deviated, horizontal and multilateral wells to maximise recovery and minimise the environmental impact
11 How much does a well cost? Much depends on total depth, anticipated problems, and location Offshore rigs, especially for deep water or high temp & pressures, are very expensive compared to land rigs Onshore could be shallow and cost less than US$1 million Deep water wells can cost >US$50 million Developing a field is very complex and expensive The initial 17well development of Jubilee Field cost ~$3.2billion 18 th August 2011
12 Drilling Depth
13 Evaluation and Appraisal Phase Additional drilling done after discovery to determine Size of the recoverable reserves Dimension of the fields Establish Development cost Economic viability/commerciality Often 3-10 appraisal wells Success rate may be 50% Less costly than exploratory drilling (30-40% less) When an appraisal is successful, commerciality is declared. 13
14 Proven Oil Reserves in Top 15 Countries, end
15 Having made a discovery, the next stage is to decide whether or not to develop the field. The outcome of exploration is to find oil in place. This outcome is random. Even after oil is found, uncertainty remains The amount of oil in place Recovery factor Development is essentially an investment decision. To develop it or not? When to develop it? How to develop it? Development Phase The Amount Of Original Oil In Place (OOIP) How much oil is in a reservoir? Vertical and horizontal limits of the field Recovery Factor The proportion of oil-in-place that will actually be recovered Variability percent (rising) Porosity of rock, pressure etc Recovery method etc Oil Price
16 Development Phase Usually starts with Plan of Development Drilling of development wells Constructing of platform Constructing of treatment plant Equipment and facilities for jetting Storing and Processing/FPSO Constructing pipelines Waste disposal System Host Country can exercise its right to participate up 51%
17 Production Phase Deals with extracting/lifting the oil and gas from the reservoir and treating it to meet marketing and transportation standards Production preparation Well completion. Well Testing and Reservoir simulation Gathering and Storing Treating to remove basic sediments Field Separation of gas from oil production activities 18
18 Production Facilities: It depends on water or land depth Slide 19
19 Slide 20 Tullow Ghana Offshore Drilling Process
20 Production Phases Plateau phase Decline phase Development phase Tertiary recovery Primary recovery Secondary recovery Time Exponential declining curves
21 Conventional Oil Discoveries and Production World Wide
22 Closure Phase/Asset Retirement Involves the restoration of the site its pre-existing condition Plugging of wells Abandoning of wells Removal of equipments and facilities Rehabilitation and restoring the operational site Decommissioning Fund Under most Contract e.g. PSC the ownership of the facility passes to the host country 23
23 Local Content
24 What is Local Content Local content Solutions - Value contributed to the national economy through expenditure on goods and services (indirect economic impacts and multiplier effects) Nigeria - The quantum of composite value added or created in the Nigerian economy by a systematic development of capacity and capabilities through the deliberate utilization of Nigerian human, material resources and services in the Nigerian oil and gas industry. Ghana - The use of Ghanaian human and material resources, services and businesses for the systematic development of national capacity and capabilities for the enhancement of the Ghanaian economy.
25 Key Players Government MNCs Key Players Local Suppliers, Goods and Services
26 Local Content: Government Objectives The purpose is to increase national wealth through economic growth and more employment of locals Most successful local content countries have focused on Value creation in the country e.g. Norway, UK, Brazil and the new Nigerian policy Most countries in Africa look at elements like Ownership Expenditure in the local economy Employment
27 Tullow Oil signs MOU on Northern Kenya Operations
28 Local local Content
29 Environmental Issues
30 Environmental Regulations Important issues include Environmental Impact Assessments Oil Spills Gas flaring Decommissioning Pipeline leakages The role of County Government Kenya Constitution, Fourth Schedule, Part Control of air pollution, noise pollution, other public nuisances and outdoor advertising. 8 electricity and gas reticulation and energy regulation
31
32
33 At the Policy level Some Environmental Tips Develop Oil Spill Response Plan/Emergency Response Plan Establish an Oil Spill Fund/Polluter Pay Principle Establish Decommissioning Fund Implement Zero tolerance for gas flaring except for operational purposes but within allowable limits At the County level Establish a Rapid Response Team to monitor environmental matters and report appropriately Participate effectively in the development of Environmental Impact Assessments and to use it to evaluate the environmental performance of oil companies Work with oil companies to create awareness about the environmental effects and remedies of production facilities, pipelines, etc
34 END
SHALE FACTS. Production cycle. Ensuring safe and responsible operations
SHALE FACTS Production cycle Ensuring safe and responsible operations Statoil is committed to developing our shale projects in a safe, responsible and open manner. Statoil takes a long term perspective
More informationThis is Reservoir Engineering COPYRIGHT. By the end of this lesson, you will be able to:
Learning Objectives This is Reservoir Engineering By the end of this lesson, you will be able to: Describe what reservoir engineers do, and why they do it Describe the general layout and structure of this
More informationStandardization of the Evaluation Criteria on Petroleum Resources
Standardization of the Evaluation Criteria on Petroleum Resources Standardization of Korean Petroleum Resources Classification and Definition (Unofficial Report) Contents I. Introduction 1. Significance
More informationCuba Block 9 Production Sharing Contract (Melbana Energy 100% # )
(Melbana Energy 100% # ) Overview of Block 9 PSC, Onshore Cuba Proven hydrocarbon system, on trend with the giant Varadero oil field The Cuba Block 9 Production Sharing Contract ( Block 9 PSC ), covers
More informationFlexible Gross Split Sharing A new fiscal model for the upstream petroleum industry May 15, 2017 Pedro van Meurs
Flexible Gross Split Sharing A new fiscal model for the upstream petroleum industry May 15, 2017 Pedro van Meurs 1 Table of Contents 1. Introduction... 3 2. Design of Flexible Gross Split Sharing... 5
More informationGEOTHERMAL RESOURCE ASSESSMENT CASE EXAMPLE, OLKARIA I
Presented at Short Course II on Surface Exploration for Geothermal Resources, organized by UNU-GTP and KenGen, at Lake Naivasha, Kenya, 2-17 November, 2007. GEOTHERMAL TRAINING PROGRAMME Kenya Electricity
More informationSHELL ONSHORE OPERATING PRINCIPLES
SHELL ONSHORE OPERATING PRINCIPLES FOR TIGHT SAND OR SHALE OIL AND GAS In 2011, Shell publicly shared five aspirational operating principles that govern the activities where we operate and where hydraulic
More informationIHS International Exploration & Production Database
Energy > Critical Information IHS International Exploration & Production Database An In-Depth Review 2009 Table of Contents Introduction 5 Basin Data 11 Concession Data 17 Geophysical Surveys Data 21
More informationGuyana. A Chance to Diversify with Oil. Guyana Manufacturing and Services Association Ltd. Annual Awards Dinner November 2010
Guyana A Chance to Diversify with Oil Guyana Manufacturing and Services Association Ltd. Annual Awards Dinner November 2010 Forward Looking Statements - This presentation contains certain forward-looking
More informationOyo Ramping Up MARCH 2015 INVESTOR PRESENTATION.
MARCH 2015 INVESTOR PRESENTATION INVESTOR RELATIONS - - - - - - - - - - - - - - - - - - - Chris Heath Director 713-797-2945 Oyo Ramping Up Cautionary Language Regarding Forward-Looking Statements and Other
More informationAnalogs in Resource Assessment and Beyond
Analogs in Resource Assessment and Beyond Presented by Dr. Shengyu Wu James Faroppa, Dr. S. Qing Sun Date October 16, 2018 Presented by The intelligence behind the world s most successful oil and gas companies
More informationSite selection: Technical site selection criteria and information needs
UNFCCC SBSTA Technical Workshop on modalities and procedures for carbon dioxide capture and storage in geological formations as clean development mechanism project activities Site selection: Technical
More informationUnconventional Gas Market Appraisal
Unconventional Gas Market Appraisal Chris Bryceland June 2013 Agenda Headline facts Fundamentals of unconventional gas Global resources Selected markets Economic impacts Supply chain opportunities Conclusions
More informationGeological Storage of CO 2. Tor Fjaeran President Director, Statoil Indonesia
Geological Storage of CO 2 Tor Fjaeran President Director, Statoil Indonesia 1- Classification: Internal 2010-09-23 CCOP Lemigas - Petrad Workshop, Bali, 28 th September 1 st October 2010 CCS - Essential
More informationRole of Enhanced Oil Recovery in Carbon Sequestration The Weyburn Monitoring Project, a case study
Role of Enhanced Oil Recovery in Carbon Sequestration The Weyburn Monitoring Project, a case study K. Brown (ken_brown@pcp.ca), PanCanadian Petroleum Limited) 150-9 th Avenue S.W., P.O. Box 2850, Calgary,
More informationThe Imperial Barrel Award Committee
The Imperial Barrel Award Committee In Conjunction With The AAPG Division of Professional Affairs Presents Estimating and Risking Hydrocarbon Reserves and Resources By Subsurface Consultants & Associates,
More informationThermal Recovery Status and Development Prospect for Heavy Oil in China
UNITAR Centre for Heavy Crude and Tar Sands 1998 1 No.1998.198 Thermal Recovery Status and Development Prospect for Heavy Oil in China Liu Wenzhang Research Institute of Petroleum Exploration and Development,
More informationCOMMISSION RECOMMENDATION. of XXX
EUROPEAN COMMISSION Brussels, XXX C(2014) 267 /3 COMMISSION RECOMMENDATION of XXX on minimum principles for the exploration and production of hydrocarbons (such as shale gas) using high volume hydraulic
More informationCOMMISSION RECOMMENDATION
L 39/72 Official Journal of the European Union 8.2.2014 RECOMMENDATIONS COMMISSION RECOMMENDATION of 22 January 2014 on minimum principles for the exploration and production of hydrocarbons (such as shale
More informationA n n u A l S t A t e m e n t o f R e S e R v e S A p R i l Pa g e 1 A n n u A l S t A t e m e n t o f R e S e R v e S A p R i l
Annual Statement of Reserves April 2011 Page 1 Annual Statement of Reserves april 2011 Disclaimer The information provided in this report reflects reservoir assessments, which in general must be recognized
More informationOVERVIEW OF MITIGATION AND REMEDIATION OPTIONS FOR GEOLOGICAL STORAGE OF CO2
OVERVIEW OF MITIGATION AND REMEDIATION OPTIONS FOR GEOLOGICAL STORAGE OF CO2 Prepared for: AB1925 Staff Workshop California Institute for Energy and Environment University of California Prepared by: Vello
More informationBlack Gold: America and Oil 9/23/08 NOTES 9/18/08 POSTED & ASSIGNMENT #4 INTER/EXTRAPOLATION & EXP. GROWTH?
Black Gold: America and Oil 9/23/08 NOTES 9/18/08 POSTED & ASSIGNMENT #4 INTER/EXTRAPOLATION & EXP. GROWTH? Questions Is America / world running out of oil? Can the US be energy-independent? U.S. Energy
More informationStewardship. Expectations. SE-01 Joint Venture Hub Strategy Implementation Guide
Stewardship Expectations SE-01 Joint Venture Hub Strategy Implementation Guide March 2017 2 SE-01 Joint Venture Hub Strategy Implementation Guide 1. Objectives The objectives of this Stewardship Expectation
More informationIran-Austria Joint Scientific Conference in Higher Education
Iran-Austria Joint Scientific Conference in Higher Education Behzad Mehrabi Kharazmi University Tehran-January 2017 Structure of Talk Research Topics: Petroleum Geoscience and Engineering Mineral Resources
More informationLocal Content. Overview. 1. Local content definition
Local Content Overview Local content policies should aim to achieve a balance between protectionism and nurturing competitiveness so that growing national sectors and industries benefit from major investments
More informationFossil Fuels and the environment
Lecture -11: Fossil Fuels and the environment ENV 107: Introduction to Environmental Science Dr. A.K.M. Saiful Islam 16.1 Fossil Fuels Fossil fuels are all forms of stored solar energy. We say because
More informationDavid H. Johnston ExxonMobil Production Company. Time-Lapse Seismic for Optimum Reservoir Management Deepwater West Africa
David H. Johnston ExxonMobil Production Company Time-Lapse Seismic for Optimum Reservoir Management Deepwater West Africa SHORT ABSTRACT Time-lapse or 4D seismic data has proven value in reservoir management,
More informationDorado-1 Oil Discovery 18 July 2018
Dorado-1 Oil Discovery 18 July 2018 Highlights Significant oil discovery in primary target, the Caley Sandstone Excellent reservoir and fluid characteristics Caley Sandstone contains a net oil pay thickness
More informationEnvironmental Impact Assessment (EIA) for Oil & Gas and Power Projects
Environmental Impact Assessment (EIA) for Oil & Gas and Power Projects Insert then choose Picture select your picture. Right click your picture and Send to back. August 6-8 th, 2014 Craig A. Reid Partner,
More informationFIELD DEVELOPMENT OPTIONS
Petroleum Policy & Management Project FIELD DEVELOPMENT OPTIONS Redentor D. Pascual Department of Energy 4th Workshop on Philippine PPM Sulu Sea Case Study March 14-19, 2005 Manila, Philippines PRESENTATION
More informationSARAMA RESOURCES PROGRESSES EXPLORATION IN LIBERIA
NEWS RELEASE TSX V Ticker: SWA 3 April 2012 SWA.WT Not for dissemination in the United States or through any United States newswire service SARAMA RESOURCES PROGRESSES EXPLORATION IN LIBERIA PERTH, WESTERN
More informationIncorporating Numerical Simulation Into Your Reserves Estimation Process: A Practical Perspective
Incorporating Numerical Simulation Into Your Reserves Estimation Process: A Practical Perspective Dean C. Rietz, P. E. October 4, 2017 Society of Petroleum Engineers Distinguished Lecturer Program www.spe.org/dl
More informationDevelopments in the Irish Gas Industry
Developments in the Irish Gas Industry An Irish Producer s Perspective IEI evening lecture February 21, 2006 21 st February 2006 Exploration & Production Overview Marathon s Operations in Ireland (Description
More informationDTE Energy Barnett Shale Overview. April 6, 2006
DTE Energy Barnett Shale Overview April 6, 2006 Safe Harbor Statement The information contained herein is as of the date of this presentation. DTE Energy expressly disclaims any current intention to update
More informationRESOURCE PLAYS: UNDEVELOPED RESERVES THE LEARNING CURVE
RESOURCE PLAYS: UNDEVELOPED RESERVES THE LEARNING CURVE Tennessee Oil and Gas Association Nashville, TN May 12, 2011 D. Randall Wright (615) 370 0755 randy@wrightandcompany.com wrightandcompany.com Our
More informationAnnual General Shareholders Meeting
Annual General Shareholders Meeting 28 April 2014 Disclaimer: Ramba Energy Limited The information contained herein has been prepared by Ramba Energy Limited solely for presentations by Ramba Energy Limited.
More informationDEPARTMENT OF ENVIRONMENTAL QUALITY OIL, GAS, AND MINERALS DIVISION OIL AND GAS OPERATIONS. Filed with the Secretary of State on
DEPARTMENT OF ENVIRONMENTAL QUALITY OIL, GAS, AND MINERALS DIVISION OIL AND GAS OPERATIONS Filed with the Secretary of State on These rules become effective immediately upon filing with the Secretary of
More informationThe SPE Foundation through member donations and a contribution from Offshore Europe
Primary funding is provided by The SPE Foundation through member donations and a contribution from Offshore Europe The Society is grateful to those companies that allow their professionals to serve as
More informationInjection Wells for Liquid-Waste Disposal. Long-term reliability and environmental protection
Injection Wells for Liquid-Waste Disposal Long-term reliability and environmental protection ACHIEVE MULTIPLE GOALS FOR LIQUID-WASTE DISPOSAL INJECTION WELLS Expertly located, designed, constructed, and
More informationFor personal use only. AWE Limited. Asian Roadshow Presentation. June 2012
AWE Limited Asian Roadshow Presentation June 2012 Disclaimer This presentation may contain forward looking statements that are subject to risk factors associated with the oil and gas businesses. It is
More informationRESPONSE OF OLKARIA EAST FIELD RESERVOIR TO PRODUCTION
PROCEEDINGS, Thirty-Seventh Workshop on Geothermal Reservoir Engineering Stanford University, Stanford, California, January 3 - February 1, 212 SGP-TR-194 RESPONSE OF OLKARIA EAST FIELD RESERVOIR TO PRODUCTION
More informationConventional Explorers in an Era of Shale Corporate Presentation September OTCBB:PTRC
Conventional Explorers in an Era of Shale Corporate Presentation September 2017 Forward-Looking Statement / Profile Certain statements in this presentation contain "forward-looking statements" within the
More information1) 2) 3) 4) 5) The oil and gas cycle. Life cycle of oil and gas (time) Potential requirement on ground
The oil and gas cycle Life cycle of oil and gas (time) 1) 2) 3) 4) 5) 6) Activity Desk study and get licens: Find areas with favorable geological conditions Seismic survey: Provide detailed information
More informationMaximizing the Value and Recovery of Oil and Gas Resources
Research and Development for Oil and Gas Technology LEMIGAS Ministry of Energy and Mineral Resources Republic of Indonesia Maximizing the Value and Recovery of Oil and Gas Resources CCOP-DMF Project on
More informationNoosa Mining & Exploration Conference
Presentation to Noosa Mining & Exploration Conference David Maxwell Managing Director Cooper Energy Limited 19 July 2013 The information in this presentation: Is not an offer or recommendation to purchase
More informationHighlights. Managing Director s Comments
29 April 2014 Highlights Record year to date production and sales: year to date production up 35% to 456 kbbl and sales revenue of $56 million already higher than the FY13 full year sales revenue of $53
More informationSafety and Monitoring of CO 2 Storage Projects
Sustainable Development and CCS New York, NY September 10-11, 2007 Safety and Monitoring of CO 2 Storage Projects Professor Sally M. Benson Energy Resources Engineering Department Executive Director, Global
More informationWill the well find oil or gas? What is the chance factor? How much might it find? What is the reserve estimate? Near Carlsbad, NM Permian Basin
Three Statements his company s best guess is that the Mukluk structure contains 3 billion barrels of recoverable oil beneath a moderate-sized cap of natural gas -Anchorage Daily News 23 Oct 1983 In 1998,
More informationPryme Energy Limited ASX Code: PYM Turner Bayou Project Update and Investor Presentation
Pryme Energy Limited ASX Code: PYM Turner Bayou Project Update and Investor Presentation April 2012 Disclaimer, Forward Looking Statements and Competent Person Statement This presentation has been prepared
More informationLeveraging Guyana s Emerging Petroleum Sector for Sustainable and Inclusive Growth
Leveraging Guyana s Emerging Petroleum Sector for Sustainable and Inclusive Growth Patrice de Vivies, World Bank Group Georgetown, September 25, 2017 World Bank Group Organizational Structure Technical
More informationSacgasco Limited. ABN Unit 14, 210 Bagot Road, Subiaco, WA, T E
Sacgasco Limited ABN 83 114 061 433 Unit 14, 210 Bagot Road, Subiaco, WA, 6008. T +61 8 9388 2654 E info@sacgasco.com Announcement to ASX 16 May 2017 SACGASCO S TCF DEMPSEY PROSPECT FUNDED Agreement signed
More informationCompletion report and next steps. Yemen - Petroleum governance Petroleum Governance Initiative funded Technical Assistance P TAS-TF057534
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Completion report and next steps Yemen - Petroleum governance Petroleum Governance Initiative
More informationSummary of Field Test Site and Operations
Southeast Regional Carbon Sequestration Partnership (SECARB) secarbon.org Field Test Location and Amount/Sources of CO 2 Anthropogenic Test Alabama Power s Plant Barry - 100,000 to 150,000 tonnes of CO2
More informationLiability Issues Related to Geological Storage of CO 2
Liability Issues Related to Geological Storage of CO 2 Sally M. Benson Earth Sciences Division Lawrence Berkeley National Laboratory Berkeley, California 94720 smbenson@lbl.gov Carbon Dioxide Capture and
More informationOil Discoveries in West Africa: Managing the Ecological Risks Dr. Patrick Asamoah Sakyi Dr. Johnson Kwame Efavi
Oil Discoveries in West Africa: Managing the Ecological Risks By Dr. Patrick Asamoah Sakyi Department of Earth Science, University of Ghana & Dr. Johnson Kwame Efavi Department of Materials Science and
More informationTokyo, JAPAN. Study group 2.2. Life Cycle of UGS. Working Committee 2 (UGS) International Gas Union nd World Gas Conference, Tokyo, Japan
22 nd World Gas Conference Tokyo, JAPAN Study group 2.2 Life Cycle of UGS Working Committee 2 (UGS) International Gas Union 1 Slovakia France Austria Germany Russia Study Group Members Wicquart Wallner
More informationhad been discovered. In the 1980's approximately 75% of the remaining probable Salina-Niagaran reserves are expected to be explored.
A Review Of Oil And Gas Production In Michigan Extension Bulletin E-1514 May 1981, File 28.522 Cooperative Extension Service Michigan State University OIL AND GAS IN MICHIGAN Oil was first discovered in
More informationCORPORATE PRESENTATION JUNE 2018 OTCBB: PTRC
1 CORPORATE PRESENTATION JUNE 2018 OTCBB: PTRC WWW.PETRORIVEROIL.COM Conventional E&P Explorers Utilizing Modern Technology 2 Petro River Oil focuses on high rate-of-return assets by utilizing modern 3D
More informationRick Henderson, Field Operations Supervisor DEQ Office of Oil, Gas, and Minerals
Rick Henderson, Field Operations Supervisor DEQ Office of Oil, Gas, and Minerals 1 Contamination Conservation Uses Remediation Protection Groundwater Protection DEQ Supervisor of Wells Part 615 Oil and
More informationSANTA MARIA BASIN MONTEREY SHALE ONGOING DEVELOPMENT (PROVED-INFILL) DRILLING PROGRAM THIRD QUARTER
SANTA MARIA BASIN MONTEREY SHALE ONGOING DEVELOPMENT (PROVED-INFILL) DRILLING PROGRAM THIRD QUARTER 2013 California: MONTEREY SHALE BACKGROUND 3 rd Largest Oil Producing State 4 th Largest Oil & Gas Producing
More informationResilience in Lebanon: Getting ready for Oil & Gas Activites
Resilience in Lebanon: Getting ready for Oil & Gas Activites Assem Abou Ibrahim Lebanese Petroleum Administration, Board Member IAIA 16 Resilience and Sustainability Session ID#28 Oil pollution and gas
More informationDana Gas Presentation to ADX Brokers. 26 June
Dana Gas Presentation to ADX Brokers 26 June 2013 www.danagas.com 1 Disclaimer This presentation contains forward-looking statements which may be identified by their use of words like plans, expects, will,
More informationCourse Duration Location Course Delivery 6 Days Lagos Instructor Led
FUNDAMENTALS OF PETROLEUM Course Duration Location Course Delivery 6 Days Lagos Instructor Led Satisfactory completion of this course earns each participant a certificate of completion from University
More informationReservoir Engineering and Reserves Adam Borushek, Principal Reservoir Engineer RISC Advisory
Reservoir Engineering and Reserves Adam Borushek, Principal Reservoir Engineer RISC Advisory SPE Seminar: Introduction to E&P The Geological Society, London 17 November 2016 Adam.Borushek@riscadvisory.com
More informationP a n o r o E n e r g y A n n u A l S t A t E m E n t o f R E S E R v E S A P R i l
Panoro Energy Annual Statement of Reserves April 2012 Disclaimer The information provided in this report reflects reservoir assessments, which in general must be recognized as subjective processes of estimating
More informationBakken Pad Drilling Greater Resource Potential with a Reduced Environmental Footprint
Bakken Pad Drilling Greater Resource Potential with a Reduced Environmental Footprint Multi-Well Pad Drilling Congress 2014 Houston, Texas October 1, 2014 John Harju Associate Director for Research 2014
More informationTrends, Issues and Market Changes for Crude Oil and Natural Gas
Trends, Issues and Market Changes for Crude Oil and Natural Gas East Iberville Community Advisory Panel Meeting Syngenta September 26, 2012 Center for Energy Studies David E. Dismukes, Ph.D. Center for
More informationProductivity and Recovery: Type Curves and EURs in the Northern Williston Basin
: Type Curves and EURs in the Northern Williston Basin Mark Lenko, B.Sc., B.A., M.Ec., P.Eng. Managing Director and Engineering Director Williston Basin Petroleum Conference 2017 May 2-4, 2017, Regina,
More informationMining Environmental Impact Assessment Guidelines. May 2018
Mining Sector Environmental and Social Impact Assessment Guidelines Mining Environmental Impact Assessment Guidelines May 2018 Background Mining EIA Guidelines Working Group established by Minister of
More informationOngoing research on shallow migration of CO 2 at CO 2 Field Lab in Svelsvik (Norway)
Ongoing research on shallow migration of CO 2 at CO 2 Field Lab in Svelsvik (Norway) Presented by Marie-Laure Olivier SINTEF Petroleum Research, Trondheim, Norway 6 th CO 2 GeoNet Open Forum, May 9-11
More informationJanuary 8, 2010 SUBJECT. Middle Bakken Formation / Three Forks Formation. Daly Bakken Three Forks Pool (01 62B) Daly Field, Manitoba
January 8, 2010 SUBJECT Middle Bakken Formation / Three Forks Formation Daly Bakken Three Forks Pool (01 62B) Daly Field, Manitoba Proposed Unitization of Ebor Unit No. 2 Application for Enhanced Oil Recovery
More informationAADE Symposium 2011 Haynesville Shale. Presented by James R. Redfearn Vice President Drilling & Completions Mid Continent Region January 19, 2011
AADE Symposium 211 Haynesville Shale Presented by James R. Redfearn Vice President Drilling & Completions Mid Continent Region January 19, 211 1 Forward Looking Statements This communication contains forward-looking
More informationAkshaya Kumar*, P.Bhattacharya, U.C.Tandon, & D.K.Rawat
10 th Biennial International Conference & Exposition P 304 Summary Different Business Models to resolve the sub-surface geological complexities including all poorly explored/ underexplored Indian Sedimentary
More informationCan the U.S. Shale Gas and Tight Oil Boom Happen Elsewhere? The Case of Russia
Can the U.S. Shale Gas and Tight Oil Boom Happen Elsewhere? The Case of Russia Dr. Tatiana Mitrova Head of Oil and Gas Department Energy Research Institute of the Russian Academy of Sciences New York 4-5
More informationSONATRACH ALGERIA SONATRACH. Vision & Perspectives. ALGERIA - Energy Day 04th May, 2016 HOUSTON - TEXAS - USA
SONATRACH ALGERIA SONATRACH Vision & Perspectives ALGERIA - Energy Day 04th May, 2016 HOUSTON - TEXAS - USA Sonatrach Corporate Profile : 2015 key figures E&P Midstream Downstream Marketing Discoveries
More informationFRACTURED AND UNCONVENTIONAL RESERVOIRS
FRACTURED AND UNCONVENTIONAL RESERVOIRS The power to understand and characterize the properties of your reservoir, to predict future behaviors, and to improve and commercialize its lifetime performance.
More informationStreamlining. forecasting, planning and Reserves management for. oil and gas. corporations
Streamlining forecasting, planning and management for oil and gas corporations Optimise PRODUCTION MANAGEMENT process With demand for natural resources increasing worldwide, oil and gas companies must
More informationOil & Gas, subsurface / surface engineering Field Operations
Oil & Gas, subsurface / surface engineering Field Operations Subsurface and Surface Engineering Improvement of Reservoir Exploitation Reservoir Engineering, Geophysics, Geology, Petrophysics Conceptual
More informationPAST, PRESENT AND FUTURE MW additional geothermal capacity Drilling ongoing
PAUL K. NGUGI PAST, PRESENT AND FUTURE 1956-59 1967-70 1971-1976 1976-1985 1986-2003 2003-2012 Drilling was Drilling Drilling ongoing Two Exploratory GoK & UNDP Decision was to accelerated continued in
More informationWELL ENGINEERING SERVICES
WELL ENGINEERING SERVICES Petrofac Engineering & Production Services 02 WELL ENGINEERING SERVICES WELL ENGINEERING SERVICES 03 Introducing Petrofac Well Engineering Services Petrofac is an international
More informationBenelux Conference Pan European Days
Benelux Conference Pan European Days 3-5 June 2013 Waldorf Astoria New York, New York Slide 1 Benelux Conference Pan European Days 3-5 June 2013 Waldorf Astoria New York, New York Slide 2 Three principal
More informationUpdate of Methane capture in light of oil production at Jubilee fields, Ghana
Update of Methane capture in light of oil production at Jubilee fields, Ghana Joseph Essandoh-Yeddu, PhD Chief Planning and Policy Energy Commission, Ghana Ghana more information available at www.ghanaweb.com
More informationCompetent Person s Report on the Ororo Field, OML95, Offshore Nigeria.
The Directors, Sirius Petroleum plc, 16 Great Queen Street, London, WC2B 5DG 6 th September 2016 Dear Sirs Competent Person s Report on the Ororo Field, OML95, Offshore Nigeria. In response to the letter
More informationNEVADA EXPLORATION PROJECT
Energizing the World, Bettering People s Lives NEVADA EXPLORATION PROJECT Legislative Committee on Public Lands June 12, 2014 Kevin Vorhaben, Rockies/Frontier Business Unit Manager Forward-looking Statements
More informationREPUBLIC OF MOZAMBIQUE MINISTRY OF MINERAL RESOURCES NATIONAL PETROLEUM INSTITUTE
REPUBLIC OF MOZAMBIQUE MINISTRY OF MINERAL RESOURCES NATIONAL PETROLEUM INSTITUTE PETROLEUM OPERATIONS REGULATIONS Decree No. 24/2004, of 20 August In view of the need to define the types, terms and conditions
More informationPROSPECT - LEAD FIELD RECOVERABLE IN-PLACE TOTAL RESOURCES UNDISCOVERED RESOURCES DISCOVERED RESOURCES ESTIMATED ULTIMATE RECOVERY (EUR)
1 2 RECOVERABLE IN-PLACE CUMULATIVE PRODUCTION ESTIMATED ULTIMATE RECOVERY (EUR) PROVED FIELD DISCOVERED RESOURCES RESERVES PROVED+ PROBABLE PROVED + PROBABLE +POSSIBLE 1P 2P 3P TOTAL RESOURCES LOW ESTIMATE
More informationSUSTAINABLE DEVELOPMENT: THE ENVIRONMENTAL AND TECHNOLOGICAL APPROACH
SPEECH TEXT DR GRAHAEME HENDERSON MANAGING DIRECTOR BRUNEI SHELL PETROLEUM COMPANY SDN BHD SUSTAINABLE DEVELOPMENT: THE ENVIRONMENTAL AND TECHNOLOGICAL APPROACH EXECUTIVE DEVELOPMENT PROGRAMME 3/2006 FOR
More informationAssessing technical risks in the geological storage of CO 2
Assessing technical risks in the geological storage of CO 2 Jonathan Pearce British Geological Survey With many thanks to: Richard Metcalfe (Quintessa), Jerry Blackford (Plymouth Marine Laboratory) and
More informationSPE Distinguished Lecturer Program
SPE Distinguished Lecturer Program The SPE Distinguished Lecturer Program is funded principally through a grant from the SPE Foundation. The society gratefully acknowledges the companies that support this
More informationGreenfields Petroleum Corporation
Greenfields Petroleum Corporation TSX.V: GNF & GNF.DB Investor Bahar Update February 2014 Forward-Looking Statements This presentation contains forward-looking statements. More particularly, this presentation
More informationStatus of Shale Gas Development in New Brunswick. Habitation 2012
Status of Shale Gas Development in New Brunswick Angie Leonard, Senior Advisor, CAPP Habitation 2012 St. Andrews, New Brunswick February 9, 2012 What Is CAPP? CAPP s mission is to enhance the economic
More informationFor personal use only
Date: 15 October 2018 ASX Code: WEL Directors John Kopcheff Non Executive Chairman Highlights Prospective Resources El Dorado, Mustang & Spitfire Prospects Nolan County, Texas Neville Henry Managing Director
More informationBank of America Merrill Lynch 2012 Global Energy Conference
Bank of America Merrill Lynch 2012 Global Energy Conference November 14-16, 2012 Fontainebleau Hotel Miami, Florida Slide 1 2012 Global Energy Conference November 14 16, 2012 Fontainebleau Hotel, Miami,
More informationThe overall objectives of the monitoring activities are to:
7 MONITORING PLAN 7.1 INTRODUCTION A detailed environmental and social monitoring plan will be developed for the Jubilee Phase 1 Development project and implemented by Tullow and its contractors. This
More informationUPDATE ON PETROTRIN. In the Context of the lower for longer price environment. Presented by Fitzroy Harewood Energy Luncheon 2017 May 10
Petroleum Company of Trinidad and Tobago Limited UPDATE ON PETROTRIN In the Context of the lower for longer price environment Presented by Fitzroy Harewood Energy Luncheon 2017 May 10 Presentation Format
More informationWintershall Noordzee Production Optimisation Initiative. Value Creation through Innovation
Wintershall Noordzee Production Optimisation Initiative Value Creation through Innovation 1. Summary By Michael Damm Production Optimisation Manager Wintershall Noordzee B.V. (WINZ) is an E&P operator
More informationGEOTEHRMAL ENERGY- PROFESSIONAL IMPLEMENTATION
GEOTEHRMAL ENERGY- PROFESSIONAL IMPLEMENTATION Janos SZANYI 1 Annamaria NADOR 2 Laszlo Zilahy-Sebes 2 and CHPM2030 Team 1 Coordinator of EFG PE on Geothermal Energy 2 Geological and Geophysical Institute
More informationEnvironmental Governance in Myanmar. U Than Aye Director Environmental Conservation Department
Environmental Governance in Myanmar U Than Aye Director Environmental Conservation Department 1 Strategy for Environmental Safeguards To work for Economic Development in Parallel with Environmental Conservation
More informationMEO Australia Limited ABN ASX & Media Release
MEO Australia Limited ABN 43 066 447 952 Level 23 Tel: +61 3 8625 6000 500 Collins Street Fax: +61 3 9614 0660 Melbourne Victoria 3000 Email: admin@meoaustralia.com.au Australia Website: www.meoaustralia.com.au
More informationASX Release NILDE AREA OIL PROJECT PROGRESS UPDATE HIGHLIGHTS. 21 April 2016
ASX Release 21 April 2016 NILDE AREA OIL PROJECT PROGRESS UPDATE HIGHLIGHTS Following the announcement of 34 Million Barrels of 2C Contingent Resources independently assessed by Senergy (GB) Limited (
More information