Managing the tail end production - Lift EG… · Non-Deal Roadshow Presentation 2 Abu Dhabi...
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Managing the tail end production Hans Kol – Manager Oil and Gas – TAQA Energy B.V. Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Transcript of Managing the tail end production - Lift EG… · Non-Deal Roadshow Presentation 2 Abu Dhabi...
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
Managing the tail end production
Hans Kol – Manager Oil and Gas – TAQA Energy B.V.
0 Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
Content
• About TAQA
• TAQA’s Dutch assets
• Tail end gas production
• Base management
• Future needs for tail end gas production
1 Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com 2
Abu Dhabi National Energy Company PJSC (TAQA)
• 72.5% owned by Abu Dhabi Government
• Listed on ADX (Abu Dhabi Securities Exchange)
• USD 32 billion energy business portfolio across the value chain
• Strategic focus on:
1) Oil & Gas: 135 MBOE/D, and
2) Power & Water - 6th largest independent power producer in the world
• Geographically diversified: North America, Europe, Middle East, North Africa and India
2 Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com 3 3
TAQA in the Netherlands:
Gas Storage and Pipelines:
• Bergermeer Gas Storage
- Max. Prod Capacity: 57 MMCM/D
- Working volume: 4,100 MMCM
• Alkmaar Peak Gas Installation
- Withdrawal Capacity: 36 MMCM/D
- Working volume: 500 MMCM
- Operational since: 1997
- 100% availability
• Rotterdam P18-A CO2 storage project
• Significant interests in NGT and Q1 pipelines
Exploration and Production:
• Operating production facilities for over 30 years
• P15, P18, L11-B en Bergen oil and gas production facilities
• Investment partner in more than 20 oil and gas fields
Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
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TQAQ Energy Gas Production - Onshore Bergen Concession
Starnmeer P
Schermer R
Schermer P
Groet-Oost
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Bergen BU
Bergen R
Boekel
Bergermeer
Alkmaar
TAQA Energy Oil and Gas Onshore Bergen Concession
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. Alkmaar
Tip of the tail
Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
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TQAQ Energy Gas Production - Offshore P15 & P18 Blocks
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P18-4
P18-2
P15-17
P15-16
P15-15
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P15-13
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P15-9
TAQA Energy Oil and Gas Offshore P15-18 Concession
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. Den Haag
Tip of the tail
Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
Tail end gas production Issues
• Increase in well problems
• Inefficient well designs
• Inefficient surface facilities
• Integrity concerns
• Most of these problems are caused by liquids dropping out in the wellbore due to gas velocity dropping below critical flowrate in all or part of the well.
6 Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
Netherlands Deliquification Potential
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EBN 2010 about potential of solving GWD:
- Offshore: 6 - 11 BCM (risked) reserves in 2020
- Onshore: 5 - 8 BCM (risked) reserves in 2020
Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
Tail end gas production
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• Reduce DPE
• Reduce G&A expenses
• Maintain production
Focus on revenues means:
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TQAQ Energy Gas Production - Offshore P15 & P18 Blocks
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P15-14
P15-13
P15-12
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P15-9Production driven
Revenue driven
Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
Production – Base Management Excellence
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Mapping the asset What do we have?
How do we run it?
What are the cash flow elements?
Opportunity
Identification
&
Evaluation IPSC, production, cashflow
Execution Safety
Measurement
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Learning Results reporting
Data storage
Technical:
• Well performance: Barrel Chasing wellwork opportunities deliquification
• Plant and process performance: suction pressure
• Maintenance: good maintenance prevents replacement
Commercial:
• “As produced contracts”
• Supplier & contract efficiency
• Operational cost reductions.
Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
A continuous effort to optimize the system:
Name Surname, Abu Dhabi, August 2012. Non-Deal Roadshow Presentation www.taqaglobal.com
TAIL END GAS PRODUCTION Requirements • Knowledge
Understanding the wells, i.e. good data and competent people
• Appropriate safety standards for low pressure wells
• Breakthrough in implementation of existing technologies
• Affordable technology
10 Gas Well Deliquification Conference, Groningen, 25 Sept. 2012
