great team work. exploration & production history of upstream e&p early 1970s operated as...
TRANSCRIPT
Great team work
Exploration & Production
History of Upstream E&P
• Early 1970’s operated as international company of the state own oil and gas company, Rompetrol (Iraq 1974).
• 1980 started operations as ROMPETROL of LIBYA by signing an EPSA with NOC LIBYA for Block NC 115 within the Murzuk Basin.
• 1984 World class achievements: the discovery of giant oilfields in Libya, Murzuk Basin (>100 MM bbl).
• 2001 Rompetrol acquired 100% interest in Block 11, Oriente Basin, Ecuador, through the purchase of Lumbaqui Oil Ltd.
• 2004 Rompetrol started exploration of Zegujani and Satu Mare blocks.
• 2005 Rompetrol acquired the exploration licenses for East Carpathians blocks by transfer from Forest Oil USA.
• 2006 Rompetrol won by Bidding procedure the production license on Gas Field Golesti.
E&P in Romania
Joint Operating Agreement
Joint Operating Agreement
Zegujani Block
Satu Mare Block
Focsani, Gresu Nereju, Blocks
40%
65%
100%
E&P International Experience Russia
Komy: Chedtinskoye
West Siberia: Khanty-Mansisk
Lebyazhye
Gubkinskoye
Saratov Khlebnovskoye, Emelyanovskoye
Astrakhan Astrakhan
Tatarsthan Elgyskoye, Stepnoozerskoye
Kazakhstan
Koza, Karagan, Kemerkol, Liman Block
Karamandybas
East Mortuk
Komsomolskoye
Ravninoye
Tolkin, Tortay, Borankol
Tasbulat, Aktas, Turkmenoi
Sinelnikovskoye
E & P Capabilities: Human Resources
Exploration Risk
Appraisal &Development Plans
History ProductionPerformance Analysis
Decline curve performanceDrive mechanism
2D, 3DSeismic
interpretation
ReservoirModeling
Structural,PetrographyStratigrapy
FaciesPhysical
Reserves Evaluation
Production OptionsEconomic Analysis
E & P
Specialists No of Employees
Senior Exploration Geophysicist
1
Exploration Geologist 1
Geophysicist – log Analyst
1
Senior Geologist– Field Production
1
Senior Reservoir Engineer
1
Production & Workover Engineer
1
Consultant Specialists (expert)
1
Risk/Economic Analyst 2
Support (Data Base, QHSE, administrative)
1
Management Upstream Business Development
2
TOTAL 12
E&P capabilities: Hardware & Software
• Petrel 07 - 2 licenses seismic interpretation, 1 for reservoir modeling.
• OFM 06 @Schlumberger Software -1 license
• PipeSim 06 @Schlumberger Software -1 license the production license on Gas Field Golesti.
LANDMARK – Georgraphix
1 license for seismic interpretation, reservoir
modelling and log interpretation
E&P Data Base
Regions: Russia, Kazakhstan & other C.I.S.
Topics:
• Maps• General Data• Reserves & Production• Balancies• Fields & Wells• Library – Books & Magazines
Legend:
Assets overview: Zegujani Exploration Block
1_Lupsa
Pontian
Meotian
Sarmatian
Badenian
Burdigalian
Intra Burdigalian
Aquitanian
4000 6000 8000 10000 12000 14000 16000 18000
4000 6000 8000 10000 12000 14000 16000 18000
-320
0-2
800
-240
0-2
000
-160
0-1
200
-3200-2800
-2400-2000
-1600-1200
0 1000 2000 3000mms
S N
Aquitanian - Oligocene
0 2000 4000 6000 8000 10000 12000
0 2000 4000 6000 8000 10000 12000
-320
0-2
800
-240
0-2
000
-160
0
-3200-2800
-2400-2000
-1600
0 1000 2000 3000m
Lupsa prospectDeeper Triassic prospect
Assets overview: Satu Mare Exploration Block
80 WELLS poor investigated
• Logs: PS, deep and shallow resistivity (except 4– PGAC)
• Cores• Production test
214 SEISMIC LINES 16 vintages 1974-1994
acquired and processed with different parameters
Seismic lines
Legend
Assets overview: Satu Mare – Top Badenian Structural Map
Assets overview: Gresu, Nereju, Focsani
Assets overview: Gresu & Neregu Blocks Casin Bisoca Fault
Top Dacian Top Pontian
Top Meotian
Top Sarmatian
Top Miocen inferior + mediu
Baza pinzei Subcarpatice
Falii inverse
Falii strike-slip
Falia Casin Bisoca
Foreland
Foreland
Upstream E&P Strategy
• The E&P Department supports The Rompetrol Group (TRG) strategy to become an integrated oil company by identifying exploration assets both in Romania and overseas.
• Evaluate and bid for valuable exploration/production assets in Romania offered by the National Agency of Mineral Resources (NAMR).
• Expand onshore activity in North Africa, Middle East, Black Sea and Caspian regions.