CC E NERGY D EVELOPMENT B LOCKS 3 & 4 D EVELOPMENT O MAN E CONOMIC F ORUM A PRIL 23 RD 2012.
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CC ENERGY DEVELOPMENT BLOCKS 3 & 4 DEVELOPMENT OMAN ECONOMIC FORUM APRIL 23 RD 2012
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Transcript of CC E NERGY D EVELOPMENT B LOCKS 3 & 4 D EVELOPMENT O MAN E CONOMIC F ORUM A PRIL 23 RD 2012.
CC ENERGY DEVELOPMENTBLOCKS 3 & 4 DEVELOPMENT
OMAN ECONOMIC FORUMAPRIL 23RD 2012
FARHA SOUTH FIELD
SAIWAN EAST FIELD
2
Block 3
Block 4
BLOCKS 3 & 4 HISTORY• EPSA FOR BLOCKS 3 & 4 SIGNED ON
FEBRUARY 9, 2003 BY ENCANA.
• CCED TOOK OVER 50% OF THE ASSET FROM ENCANA IN NOVEMBER 2007.
• EXPLORATION COMMENCED IN 2009.
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BLOCK 3
BLOCK 4
0 50 Km
BLOCK 51
BLOCK 42
BLOCK 6
BLOCK 64
1972-1984
1983-1986
1985-1990
1991
1992-1994
1999
2001
2005-2007
2009-2012
CCED ACHIEVEMENTS
1. BUILT EARLY PRODUCTION FACILITIES TO PRODUCE OIL WITHIN 5 MONTHS AFTER THE GREEN LIGHT FROM MOG.
2. PREPARED AND SUBMITTED THE FIELD DEVELOPMENT PLAN TO MOG.
3. IDENTIFIED FURTHER EXPLORATION OPPORTUNITIES AND INITIATED A PLAN TO EXPLORE
5
EARLY/ PERMANENT
PRODUCTION FACILITIES
2
Abandoned Alam Station
ALAM METERING
STATION
FARHA
OIL PROCESSING & MOVEMENT
SAIWAN PF
QA PDO Station
SAIWAN WIFEXISTING
Early Production
Facility
FUTUREQARN ALAM METERING
STATION
8” P
DO
16”(16 Km)
FUTURENEW
8”
6
7
DRILLING PROGRAM
NOTE: 24 WELLS WERE SUCCESSFUL OUT OF 30 DRILLED EXPLORATION/APPRAISAL/DEVELOPMENT PRODUCERS WELLS - 80% SUCCESS
WELLS DRILL AS OF FEBRUARY 2012 FURTHER WELLS TO BE DRILLED
PRODUCER INJECTOR WATER SOURCE DRYHOLE PRODUCER INJECTOR WATER
SOURCE
BLOCK 3 24 5 1 3 31 20 10
BLOCK 4 6 0 0 3 2 0 0
TOTAL 30 5 1 6 33 20 10
PRODUCTION FIGURES
8
0.00
20,000.00
40,000.00
60,000.00
80,000.00
100,000.00
120,000.00
140,000.00
160,000.00
180,000.00
200,000.00
220,000.00
240,000.00
260,000.00
280,000.00
300,000.00
320,000.00
340,000.00
360,000.00
380,000.00
400,000.00
Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12
Farha Saiwan
20112010 2012
15,865. 13,741.36
44,784.62
28,283.13
36,693.74
22,588.0513,949.93
21,006.01
32,943.75
80,500.63
104,396.39
131,692.23
151,966.82
191,862.11
215,924.17
195681.17
254,972.96
327,323.01
315,004.66
377,946.85
MMBO
CCED OMANMONTHLY OIL PRODUCTION
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OVER 7,000,000 KM DRIVEN (CRUDE HAULAGE) WITH ONLY ONE RTA.
OPERATION STARTED WITH FOUR (4) TANKERS AND INCREASED TO THIRTY ONE (31).
HIGHEST DAILY VOLUME TRANSPORTED; 14,498 BARRELS.HIGHEST DAILY NUMBER OF TANKERS OFFLOADED IN ALAM IS
63.HIGHEST MONTHLY VOLUME TRANSPORTED; MARCH 2012
MTD 377,947 BARRELS. HIGHEST MONTHLY KM DRIVEN FEBRUARY 2012 MTD 542,174
KM.
CRUDE OIL TRUCKING OPERATION
9 9
10
PERMANENT PRODUCTION FACILITIES
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PERMANENT PRODUCTION FACILITIES
WHY CCED IS A SUCCESS
1. TEAM WORK
2. TEAM EMPOWERMENT
3. LEADERSHIP
4. SKILLED PEOPLE
5. PLANNING, PLANNING, PLANNING
6. COMMUNICATION
7. RELATIONSHIP
8. SIMULTANEOUS APPRAISAL AND DEVELOPMENT
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HEADCOUNT 2008-2012
13
2008 2009 2010 2011 410000
20
40
60
80
100
120
140
160
LocalsExpats
OMANIZATION PLAN 2008 - 2015
2008 2009 2010 2011 2012 2013 2014 20150
10
20
30
40
50
60
70
80
90
Local %Expat %
YEAR
PERC
ENT
(%)
14
EMPLOYEE TOTALSDescription Number of Employees
as of 21st April 2012
OMANI NATIONALS CURRENTLY WORKING IN CCED 141 (52 Muscat + 89 Field)
EXPATS CURRENTLY WORKING IN CCED 67
OMANIZATION % 68%
OMANI NATIONALS TO BE RECRUITED 2012
46Operators & Technicians
EXPATS TO BE RECRUITED IN 2012
19Managers/Technical
15
16
BLOCKS 3 & 4 INVESTMENT
INVESTMENT 2010 – 2012:
OVER $ 300 MILLION USD
PLANNED INVESTMENT 2013 – 2017:
OVER $ 500 MILLION USD
ENHANCED OIL RECOVERY
1. PRIMARY
2. WATER INJECTION AS SECONDARY RECOVERY – PILOT STARTED.
3. CHEMICAL, SURFACTANT OR MICROBIAL AS TERTIARY RECOVERY
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ENHANCED OIL RECOVERY4. VAST EXTRA HEAVY OIL
RESERVES WHICH REQUIRES THE UTILIZATION OF THERMAL RECOVERY METHODS.
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TOTAL NEW FIELD EXPLORATION IN THE WORLD
$120
$100
$80
$60
$40
$20
$0
$/BA
RREL
IN 2
007
USD
70,000
60,000
50,000
40,000
30,000
0
NU
MBE
R O
F N
EW F
IELD
WIL
DCA
TS D
RILL
ED IN
TH
E W
ORL
D
$140
20,000
10,000
Data Source – IHSData Source – IHS
MAJOR
INDEPENDENT
NOCs
OIL PRICE
1992-1996
75%75%
8%8%24,62324,623
17%17%
1987-1991
75%75%
8%8%36,06236,062
17%17%
1982-1986
84%84%
6%6%63,93563,935
10%10%
1977-1981
84%84%
6%6%61,94361,943
10%10%
2002-2006
87%87%
6%6%35,95435,954
7%7%
1997-2001
76%76%
10%10%22,29922,299
14%14%
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