OIL AND GAS IN MONTENEGRO - Vlada Crne · PDF fileGOVERNEMENT OF MONTENEGRO Ministry for...

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GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic development Ministry for economic development OIL AND GAS IN MONTENEGRO OIL AND GAS IN MONTENEGRO M M Sc. Sc. Vladan Dubljevi Vladan Dubljevi ć ć geophysicist geophysicist . . Geological Survey of Montenegro Geological Survey of Montenegro vladan vladan @ @ cg.yu cg.yu

Transcript of OIL AND GAS IN MONTENEGRO - Vlada Crne · PDF fileGOVERNEMENT OF MONTENEGRO Ministry for...

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

OIL AND GAS IN MONTENEGROOIL AND GAS IN MONTENEGRO

MMSc.Sc.Vladan DubljeviVladan Dubljevićć geophysicistgeophysicist. . Geological Survey of Montenegro Geological Survey of Montenegro vladanvladan@@cg.yucg.yu

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

OIL AND GAS EXPLORATIONS IN MONTENEGRO

�Brief review of contemporary research

�Regional geological conditions and perspective

�Legislation

�Further activities

GAS SECTOR

�IAP (Ionian-Adriatic gas pipeline)

� LNG terminal

�Gasification project in Montenegro

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

OIL AND GAS EXPLORATIONS IN MONTENEGRO

�Exploration Onshore Montenegro (till now)

�Between 1949 and 1966, 16 wells (900 – 4600 m)

�Geomagnetic and gravimetric maps

� 2000 km 2D seismic survay

�UK -1 well at the depth of 5309 m.

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

�Exploration offshore Montenegro

�Blok 1 i 2 (JPK).

�Over 5000 km 2D reflective seismic

profiles

� Two deep ekploaration wells:

JJ-1 4700 m (well sginficant quantities of

natural gas

JJ-3 4600 m (mobil oil, 167 bbls during

a test

� Blok 3 (available)

......

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

ISTRAŽIVANJE NAFTE I GASA U CRNOJ GORI�Regionalni geološki uslovi i perspektivnost

The existence of basic

preconditions for oil and gas

in the Adriatic geological

basen has been proven

(Production in Italian, Albanian

and Croatian parts of basin

confirm this!)

Blok3

ULCINJ BLOCKApennines ApulianPlatform

Dinarides

MontenegroAdriatic SeaItaly

SW NE

12 3

4

5

6

7

Italy Production

Monti Alpi Giant Oil Field

Aquila Field

6

7

Montenegro Play Types

Carbonate Shelf Edge Play

Carbonate Structural Traps

Triassic Clastic Structural Traps

OligoceneTurbidite Stratigraphic Traps

Plio-Pleistocene Delta Toe SetStratigraphic Traps-Biogenic Gas Charge

1

2

3

4

5

Legend

Plio-Pleistocene

Miocene Molasse

Oligocene Flysch

Mesozoic Carbonates

Triassic

Oil Fields

Gas Leads

Platform Facies

Basina l Facies

/ Prospects

Schematic Cross-Section

Well and Seismic Database

OMV Trade Albania1088 km

Well JJ-3Chevron 1982

TD 4605mWell JJ-2

Chevron 1979/80TD 3700m

Well JJU-1INA Nafta 1988

TD 4068m

Star Trade1500 km

Well Rodoni-1OMV 1996TD 4957m

Medusa ReprocessingOffshore 1979 430 km

Offshore 1986 1791 kmOffshore 1988 683 km

Onshore Various 210 km

Medusa Acq 2000775 km

GeoQube ‘3D’138 Sq km Onshore Wells

8 wells on licenceUK-1 1991 TD 5200m

Total Seismic Coverage6500 km of 2D Data

Well JJ-1Buttes 1975/6

TD 4750m

Petroleum Systems

SourceTriassic shales primary oil sourceoil mature at around 5000m depth in Adriatic & Alba niaMid Eocene -Upper Cretaceous shales & marls - oil & gas proneUpper Eocene - Miocene shales - mainly gas proneLower Pliocene shales - biogenic gas source

S

ReservoirCretaceous - Mid Eocene shelf edge & platform carbon atesOligocene, Lower Pliocene turbidites, Miocene SandsPleistocene shallow marine sandsMiddle Triassic sandstones

R

R

R

R

R

Trapshangingwall thrust ramp anticlines (Mesozoic reserv oirs)footwall anticline & fault cutoff trapsstructural/stratigraphic pinchout traps (Tertiary t urbidites)Carbonate shelf margin reefal/topographic buildupsPlaysPleistocene & Pliocene sands charged with biogenic gasOligocene turbidites charged with thermogenic gasPlatform & shelf margin carbonates charged with Tri assic oilTriassic sandstones charged with Triassic oil

R

S

Ministry for Economic DevelopmentMinistry for Economic Development

�KEY ELEMENTS� Ownership of resource

� Maximum duration set for carrying out of specific activities

� Concession Contract has been designed as a priority type in comparison to other models of contract

� Maximum size set for blocks and exploitation field

� Mechanism for territory relinquishment defined

� Instrument of Concession Compensation and Compensation for Exploited Oil and Gas introduced

LALAWWON EXPLORATION AND ON EXPLORATION AND PRODUCTIONPRODUCTION OF OIL AND GASOF OIL AND GAS

Ministry for Economic DevelopmentMinistry for Economic Development

�AREAS YET TO BE REGULATED by� LAWS

� Royality Law

� Gas Law (Storage, transport, tarifs...)

� SECONDARY REGULATIONS

� Content of documentation prescribed by the Law,

� Detailed provisions for territory relinquishment,

� Specificities of oil and gas exploitation.

LALAWWOONN EXPLORATION AND EXPLORATION AND PRODUCTIONPRODUCTION OF OIL AND GASOF OIL AND GAS

Ministry for Ministry for EEconomic conomic DDevelopmentevelopment

SOME OF THE ISSUES REGULATED IN DETAILS BY OTHER LAWS:

1. Procedure for the award of the ConcessionLAW ON CONCESSION

2. Geological explorationsLAW ON GEOLOGICAL EXPLORATIONS

3. Exploitation of oil and gas LAW ON MINING

4. Environmental ProtectionLAW ON ENVIRONMENTAL PROTECTION LAW ON ENVIRONMENTAL IMPACT ASSESSMENT

5. FinancesLAW ON FOREIGN INVESTMENTSLAW ON CORPORATE PROFIT TAXLAW ON VALUE ADDED TAX

LALAWWON PEXPLORATION ANDON PEXPLORATION AND PRODUCTIONPRODUCTION OF OIL AND GASOF OIL AND GAS

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

Sumary of previous exploarations and results on Blok 3

�More then 6000 km of 2D reflective seismic

prfilies have been made, processed and interpreted

�311 km2 of 3D seismic survays have been completed on the perspective Pliocene objects

�Two deep exploration wells have been drilled: JJ-2 (3700 m) oil was registered; JJU-1 contained oil traces

�Pliocene prospects were identified at the depth 700 m

to 1300 m, GIP potencial of 721 Bcf.

�AVO seisimic analyses estimate that the gas

exploration risk is low.

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

OIL AND GAS EXPLORATIONS IN MONTENEGRO

�Further activities(legislation, model of contract, tender...)

�Royality low – will be completed within

two monts

�Model of contract – will be completed

within four monts

�Tender for Bloc 3 (feb-mart 2009)

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

GAS SEKTOR

�IAP(Ionian Adraitic Pipeline)

IAP 10 BCM/a

Croatia

Albania

Greece

MontenegroItaly

TAP 20 BCM/a

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

GAS SEKTOR

�TAP(Trans Adriatic Pipiline)

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

GAS SEKTOR

�Energy Community Ring Concept

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

Oil and gas in MontenegroOil and gas in Montenegro

GAS SEKTOR

�LNG terminal in Bar

� Detailed Project economic feasibility studies have to be prepered

�Project of gas system for town of Podgorica with the distribution network

GOVERNEMENT OF MONTENEGRO GOVERNEMENT OF MONTENEGRO Ministry for economic developmentMinistry for economic development

MMSc.Sc.Vladan DubljeviVladan Dubljevićć geophysicistgeophysicist. . Geological Survey of Montenegro Geological Survey of Montenegro vladanvladan@@cg.yucg.yu