Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas...
Transcript of Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas...
![Page 1: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/1.jpg)
Colombia Round 2008 - and other rounds
Armando ZamoraDirector General - ANH
London, 2 April, 2008
![Page 2: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/2.jpg)
The ANH is the administrator of the hydrocarbon resources of Colombia
Energy policy-making
Administration of the
hydrocarbon resources
Operations along value chain
Ministry of Mines and Energy
Institution Role
![Page 3: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/3.jpg)
The main gaps in attractiveness: perceptions on personal safety and prospectivity
Perceptions on Colombian attractiveness
0
1
2
3
4
5
Prospectivity
Fiscal terms
Political stability
Economic stability
Legal security
Personal safety
Expected
Colombia
Source: Arthur D. Little, 2008
![Page 4: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/4.jpg)
Oil and gas productions are (slowly) growing
Oil Gas
687
604 578
541 528 525 529 531 557
-
100
200
300
400
500
600
700
mbd
575 597 603 578 601 648
680730 733
-
100
200
300
400
500
600
700
800
900
1.000
mmcfd
![Page 5: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/5.jpg)
Licensing activity is increasing
0
10
20
30
40
50
60
1980 1983 1986 1989 1992 1995 1998 2001 2004 2007
No. contracts
Association (Ecopetrol) Exploration & Production - E&P Technical Evaluation Agreement (TEA)
February: 2
Goal 2008: 30
![Page 6: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/6.jpg)
Acreage under exploration is up
E&P Areas in 200312,5 millions Ha.
Land map - February 200821,5 millions Ha.
![Page 7: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/7.jpg)
Petroleum sector
… bringing record levels of foreign investment…
Source: Banco de la República
Net direct foreign investment flows:
-1.000
0
1.000
2.000
3.000
4.000
1996 1998 2000 2002 2004 2006
MillIon US $
Annual flows 3rd quarter Estimated
![Page 8: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/8.jpg)
… and the highest number of exploratory wells, with high success rates …
3 1 26
1015
21 27
51 2
2
1
6
9
1210
8
20
11
19
29
37
8
0
15
30
45
60
75
2000 2001 2002 2003 2004 2005 2006 2007 2008
No. of wildcats
Producer Under test Dry
1613 10
2821
35
56
73
Total % Success
Success%
100
80
40
60
20
0
10
20
30
40
50
60
70
80
1980 1983 1986 1989 1992 1995 1998 2001 2004 2007
No. wildcats
Goal: 40
February: 13
Estimated 2008: 90
![Page 9: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/9.jpg)
2020 strategic objective
Maximize potential
Continue to export surpluses
Maintain
self-sufficiency
Re
su
lts
Investments
(proposed)
+
+
-
-
![Page 10: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/10.jpg)
Under alternative production scenarios, self-sufficiency would extend well beyond 2020
2014
Abundance
Base - crude
Base - gas
ScarcityDemand
Crude production scenarios (000b/d)
Source: Arthur D. Little 2006
100
200
300
400
500
600
700
800
900
1.000
2006 2007 2008 2009 2010 2011 2012 2013 2015 2016 2017 2018 20202019
2007 Reserves
Ecopetrol´s 2008 business plan
![Page 11: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/11.jpg)
ANH´s work model
Knowledge Management
Resource development
Sustainability
Knowledge of geological potential
Knowledge improvement
plan
2020 PlanInvestmentprojects
Integration, interpretation and analysis of new
information
Identification ofopportunities
Promotion ofopportunities
Oversight/control of licenses
Licensing
Hydrocarbons supply
projections
Authority
Strategic direction
Financial support
Administrative support
Action PlanSecurity Communities Environment Security of supply
![Page 12: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/12.jpg)
Methodology for regional studies
Geologic knowledge of the basin
Remote methods
Surface methods
Types of studies
1 2 3 4 5 BIDROUND
OIL & GAS COMPANIES
A BHYDROCARBON
DISCOVERY
ANH
Prospect identification
Subsurface images
Subsurface sampling & analysis
Basin modeling
![Page 13: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/13.jpg)
Areas offered in the Colombia Round 2008
43 blocks7.681.047 Ha
![Page 14: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/14.jpg)
Heavy oil development project - East8 frontier blocks
Blocks AREA (Ha)
CPE 1 1.059.744
CPE 2 415.666
CPE 3 2.598.791
CPE 4 964.341
CPE 5 3.209.426
CPE 6 608.247
CPE 7 1.231.783
CPE 8 2.237.549
TOTAL 12.325.546
Well
Number Length (Km) Number
405 7.267 37
Seismic lines
![Page 15: Colombia Round 2008 - ANH · 2018. 8. 19. · Colombia Source: Arthur D. Little, 2008. Oil and gas productions are (slowly) growing Oil Gas 687 604 578 541 528 525 529 531 557 -100](https://reader035.fdocuments.in/reader035/viewer/2022071603/613efadfc500cf75ab363b3b/html5/thumbnails/15.jpg)
2008 Mini-round (2nd Ordinary bidding process)
Blocks AREA (Ha)
100 4.830.629