EniOverview&NikaitchuqNorth
November15,2017
ResourceDevelopmentCouncilforAlaska
eni us operating
Agenda
§ GeneraloverviewofEni(global)andUSOpera?ons§ CurrentNikaitchuqOpera?ons
§ NikaitchuqNorthExplora?on
§ CurrentStatus
2
3
Eni–AMajorInternaConalOilCompany
• Opera)ngin73countrieswithmorethan33,000employees• Currentproduc)on~1.8MMBOE/d
• 3.4blnboeofDiscoveredResourcesin2014-2016
4
DevilsTower§ DevilsTower§ Triton§ DTSW§ Goldfinger
Allegheny§ Allegheny§ Pegasus
Corral:Longhorn,Appaloosa
Morpeth
Thunderhawk
NonOperatedfield
Europa
Operatedfield
Frontrunner
K2
Medusa
AlaskaNikaitchuq,Oooguruk
AllianceWestTexas
EastBreaks
St.MaloLucius
HadrianSouth
Heidelberg
EniProducConinUSA–LocaConandRelevantContribuCon
Enicurrentlyproduces75,000boe/dintheUSA
NikaitchuqOverview
5
Nikaitchuq-Milestones&Achievements
§ Eniac?vitystartedin2008;FirstOilJanuary2011
§ Overallinvestment>$2B
§ Currentproduc?on~20KBO/D;Todateoilproduced>30MMBO
§ Average#ofemployees/contractors~350
§ 1.1M_(335,280M)MDdrilled
§ Over70wellboresdrilled-sidetracks,plug-backs,andlateralsfrom2surfaceloca?ons
§ FocusonStakeholderrela?ons
§ Excep?onalSafety&Environmentalperformance
6
AlaskaRegionalFramework
7
Nikaitchuq
Oooguruk
8
Nikaitchuq Infrastructure and Facilities
SpyIsland
9
OliktokPoint
10
Produc)on/Drilling
NikaitchuqOperaConsCenter(Camp)
11
NikaitchuqNorthExploraCon
§ Enioperator(50%)• Partner–Shell(50%)
§ Closetoourexis?ngfacili?es(~6milesNorth)
§ InStateWaters/Land(topside)reachingintoFederalOCS(bofom-hole)
§ Doublerecoverablereservesandreplacedecline
§ ExtendedReachDrilling(ERD)bestprac?ces(TD~34,000_.)
§ ExtensiveDrillingfeasibilityandWellControlStudies
§ EOY2017–endofleaseterm
12
ProjectAreaMap
13
Harrison Bay Block 6423 Unit
Alaska–NikaitchuqNorthprojectmilestones
14
NN-01
NikaitchuqNorthdrillpath
SpyIs.DrillPad
OPP
NikaitchuqUnit
OoogurukUnit
MilnePointUnit
KuparukUnit
TR371
SL371 ADL 393175
Harrison Bay Block 6423 Unit Eni 50% (op.)
Shell 50%
ADL393175acquiredatAlaskaStateSaleinDec.
2016
• December2015 Eniproposestheextendedreachsolu)onforNikaitchuqNorth• May2016 EnibecomesOperator• February2017 Explora)onleasesUniCzaConApproved• July2017 EP(Explora)onPlan)approvedbyBOEM• August2017 APD(Applica)onforPermittoDrill)submi\edtoBSEE• December2017 PlannedSpudofexploratorywell
15
NikaitchuqNorthProjectTimeline
eni us operting
Activity StartDate: FinishDate: Days: MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15 1 15
DrillNikaitchuqNorth01 12/10/2017 2/13/2018 65
NN01FlowTest 2/13/2018 3/10/2018 25
NN01P&A 3/10/2018 3/25/2018 15
DrillNN01STtoLateral&Complete 3/25/2018 4/14/2018 20
PerformFlowTest-Suspend 4/14/2018 5/14/2018 30
DrillNikaitchuqNorth02 12/1/2018 2/14/2019 75
NN02FlowTest 2/14/2019 3/11/2019 25
NN02P&A 3/11/2019 3/26/2019 15
DrillNN02STtoLateral&Complete 3/26/2019 4/21/2019 26
PerformFlowTest-Suspend 4/21/2019 5/23/2019 32
Winterdrillingseason 1-Dec 15-MayBrokenIce/Shoulderseason-Nodrilling 15-May 4-JulOpenWaterSeason 4-Jul 1-OctBowheadWhalemigrationsnodrilling 1-Sep 31-OctFallShoulderSeason 1-Oct 1-Dec
Shoulder WINTERDRILLING Shoulder
2017 2018 2019
WINTERDRILLING Shoulder WINTERDRILLING
NN01
NN02
Shoulder OpenWaterShoulder OpenWater Shoulder OpenWaterWhale
MigrationWhale
Migration
NikaitchuqNorth–CurrentStatus
§ BOEMEPApproval• NEPA–FONSI
§ StateODPCPApproval
§ DoyonFinalizingRigUpgrades
§ DrillingPermitsinProgress(State/Federal-BSEE)
§ SpudWellDecember2017
16
Top Related