offshore e&p3.4
TRANSCRIPT
![Page 1: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/1.jpg)
![Page 2: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/2.jpg)
www.oilsim.com
![Page 3: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/3.jpg)
![Page 4: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/4.jpg)
Today’s Challenges
![Page 5: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/5.jpg)
Environmental issues Team work and negotiation Critical decision making, analytical
skills, multi-tasking Learn through experience Economically viable volumes-
reducing uncertainty Return on Investment Function appreciation
![Page 6: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/6.jpg)
You start with $700 millionYou can apply for more money later.
Create valueMeasured by the net value of the oil and gas fields discovered MINUS all costs involved.
Correct answers and sensible decisions are awarded with CPs
![Page 7: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/7.jpg)
Complete Value Chain
Upstream
![Page 8: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/8.jpg)
Today’s Challenges
![Page 9: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/9.jpg)
![Page 10: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/10.jpg)
Columns e.g C1, and C54,
Row
s e
.g. R
35
and R
16
3,
Block
Blocks are divided into smaller cellse g. R1C1
![Page 11: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/11.jpg)
Challenge: Find three sedimentary basins in the area. Basins are sedimentary rocks in the deep subsurface where oil and gas has been generated.
Procedure: Buy and study magnetic and gravimetric surveys; and to submit the coordinates, column and row number for each basin centre.
![Page 12: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/12.jpg)
Gravimetric surveys show the gravity in the sub-surface. Measured by airborne sensors.
Sedimentary rocks have lower densities than the surrounding crystalline rocks. Low gravitational pull means high probability of a basin below.
Basins have a lower gravitational pull. Crystalline rocks have higher
gravitational pull
![Page 13: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/13.jpg)
Gravimetric survey:South-east quadrant
![Page 14: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/14.jpg)
Magnetic surveys show similar information as gravimetric surveys. The sedimentary rocks in the basins have a lower concentration of magnetic materials than the surrounding crystalline rocks.
Sedimentary basins are the areas with the lowest magnetic field.
Basins have low magnetic field Non-basins have high magnetic fields.
![Page 15: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/15.jpg)
Magnetic survey:North-west quadrant
![Page 16: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/16.jpg)
Example:Top basin on
both maps Calculate the
midpoint between the gravimetric and magnetic centres found
= C55 and R105
C50
R100
C60
R110
![Page 17: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/17.jpg)
![Page 18: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/18.jpg)
![Page 19: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/19.jpg)
3 centres – one Centre midpoint for each basin
Example: C55, R105 Solve before deadline. All
submissions are evaluated after the deadline (and not before).
You may get 0-100 CPs. All three centres must be located to get full CPs.
![Page 20: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/20.jpg)
Today’s Challenges
![Page 21: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/21.jpg)
All teams have submitted their answers. Basin centres are located.
Message in Inbox. All teams have answers and CPs awarded.
![Page 22: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/22.jpg)
Sedimentary basins may contain oil and gas
The government has decided to put the blocks around one of the basins on offer
Challenge: Identify the 3 most promising blocks and submit a bid to the Government for these licences
![Page 23: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/23.jpg)
1. SOURCE ROCKwhere organic material is put under sufficient pressure
2. MIGRATION ROCKwhere hydrocarbons are driven through
3. CAP ROCKImpermeable rock that stops migration of hydrocarbons 4.
PROSPECT
![Page 24: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/24.jpg)
(c) OLFAnticline trap
Fault trap
Stratigraphic trap
Salt dome trap
Geological “pockets”, that might contain hydrocarbons.
![Page 25: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/25.jpg)
Red areasYou will not be awarded blocks that contain any red spotsBlue areasBlocks in area may be awarded
![Page 26: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/26.jpg)
Layer 3 Eocene1500m below the seabed
Layer 2 Paleocene2500m below the seabed
Layer 1 Cretaceous3500m below the seabed
CRS. Common Risk Segment surveys tell you about the probability of a structure in the block/cell containing oil or gas
Surface
![Page 27: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/27.jpg)
Traps can be found with seismic surveys
2D seismic survey is a cross section of the geological layers along either a column or a row
2D seismic surveys are used for locating prospects
![Page 28: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/28.jpg)
Unprocessed Processed
Interpreted Red is top of the sealing rock
Green is top of the reservoir rock
![Page 29: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/29.jpg)
![Page 30: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/30.jpg)
Leakage
Sealant rock
![Page 31: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/31.jpg)
What type of data do you want?
Columns or Rows
Unprocessed or processed data
Interpreted or notOnly buy maximum
of 4 blocks of data at a time to speed up processing
The yellow hatched area on map can be clicked on and dragged to blocks of interest
![Page 32: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/32.jpg)
Red circles – navigate through the 2D seismic
Yellow square – Row 1 from Column 1-56
![Page 33: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/33.jpg)
Column
Row
Prospect, ReservoirBasin,Source
![Page 34: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/34.jpg)
Three blocks Three amounts
Min: $1M Max: $30M
Awarded 1 block Pay for 1 block Highest bid wins If equal, then team with highest
CP wins
![Page 35: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/35.jpg)
Environmental Sensitive Areas map to see which blocks to avoid
Common Risk Segment surveys to see which blocks to examine closer
2D surveys seismic to identify which ones have the most (big) structures
Check water depth, and go for shallow water blocks if possible
Remember to submit 3 bids
![Page 36: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/36.jpg)
Today’s Challenges
![Page 37: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/37.jpg)
Message sent to all teams with the results
Credibility Points are given for prosperity of the blocks you bid for
Every team has got one exploration license
![Page 38: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/38.jpg)
HQ is happy with the license awarded. Challenge: Farm-out minimum 20% from
your license – and farm-in as much as you can in other good licenses.
Acquire 3D Seismic interpretations for the block you operate, and study the results from the licensing round
Get others to invest 20% or more in your license – you can show/send 3D seismic
![Page 39: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/39.jpg)
Shows the subsurface structure in a cube.
![Page 40: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/40.jpg)
Layer 1 Cretaceous
Layer 2 Paleocene
Layer 3 Eocene
![Page 41: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/41.jpg)
Spread the risk: e.g Investing in other blocks divides the risks amongst all partners, much more preferable than keeping 100% of one field and all the risk.
Increase probability of profit: investment in only 1 field which could be a dry prospect is possible, whereas the likelihood of investing in 5 fields which are all dry is unlikely.
![Page 42: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/42.jpg)
![Page 43: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/43.jpg)
Enter the percentage and total amount for have agreed to offerMinimum $100,000 per %Add a message to the sellerPress “Send offer”
![Page 44: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/44.jpg)
When a team receives a Farm-In offer to appears under Financing. This is where a team can receive finance or money for a % of their own blocks
![Page 45: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/45.jpg)
license OWNER decides whether to ACCEPT or REJECT the offer
Partnerships established every time a license owner accepts an offer.
Overview: On the main page, you can see all licenses. 1) licenses you operate, 2) licenses you have invested in, and other
licenses.
![Page 46: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/46.jpg)
All your farm-in offers to other teams are shown under “Investing” on the right-hand side of the homepage . This is where a team offers investments to other teams for a % of their blocks
![Page 47: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/47.jpg)
Partners pay a proportional share of all future costs
Partners receive a proportional share of the net proceeds from oil and gas
The operator team makes all decisions regarding drilling
Teams can farm-out up to 70% of licence
Operators must keep 30% of licence
![Page 48: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/48.jpg)
•Before choosing a rig, you need to check your water depth Find this at the bottom of the BLOCK page
![Page 49: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/49.jpg)
Choose the right rigs for your water depths Jack-up rigs for shallow waters
Semi-submersible rigs for middle waters
Drillships for the deepest waters
Rig cost = drilling days * day rate
![Page 50: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/50.jpg)
Upto 9 Star quality-
Good: normally costs more
Bad: cheaper, but reliability
is low, so you risk extra drilling time and extra costs
![Page 51: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/51.jpg)
EIA survey: more knowledge about the area.
Less probability for drilling problems. Less severe consequences if you run
into problems.
= Which drilling locations to avoid.
![Page 52: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/52.jpg)
EIA: enviromental impact analysis shows where it will cost you more to drill.
Place your mouse where to drill
![Page 53: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/53.jpg)
Layer 1 Cretaceous
Layer 2 Paleocene
Layer 3 Eocene
![Page 54: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/54.jpg)
![Page 55: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/55.jpg)
Oil spill or Gas Blowout control
Estimated cost
![Page 56: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/56.jpg)
Volume Range in MBOE counts
Test may increase Proven MBOE if oil or gas found
![Page 57: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/57.jpg)
![Page 58: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/58.jpg)
![Page 59: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/59.jpg)
![Page 60: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/60.jpg)
![Page 61: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/61.jpg)
![Page 62: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/62.jpg)
From Probable volume to proven reserves
![Page 63: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/63.jpg)
Exploration well: 0 to 1572 MBOE (after drilling) 11 to 1266 MBOE (after testing)
First appraisal well: 25 to 1033 MBOE (after drilling) 34 to 910 MBOE (after testing)
Second appraisal well: 65 to 850 MBOE (after drilling) 101 to 752 MBOE (after testing)
Only proven MBOE counts
![Page 64: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/64.jpg)
After your first drill in each well, reprocess seismic
Decide which discoveries to drill how many appraisal wells into
Ultimately, you should either: Get a positive net present value, Or a conclusion that additional
appraisal wells will not result in a net present value
![Page 65: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/65.jpg)
Click on Apply for More Funds Tab. 1 KP for each $100,000 applied for. Answer the questions: All correct gives
cash and you can keep KPs. One wrong gives cash and you keep ½ of your KPs. Two wrong gives ½ cash and you lose all KPs. All wrong, you get no cash and lose all KPs.
Expensive money if less than 10 knowledge points: Apply for cash and be fined $5million for each $20million requested.
![Page 66: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/66.jpg)
![Page 67: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/67.jpg)
Make a well plan for each reservoir in your block, choosing: Number of production wells Tubing size
Aiming to choose a plan that
maximises value of block Increased sales value Decreased drilling costs
![Page 68: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/68.jpg)
Click the Surveys tab
Nodal analysis
Expected Production Profile
![Page 69: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/69.jpg)
Highest well flow rate
Read the maximum well flow rate Most suitable Tube size
Most suitable tube
![Page 70: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/70.jpg)
![Page 71: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/71.jpg)
1. Click the Reservoir tab
2. Click the magnifyingglass for the reservoir
3. Study the data forthe reservoir
![Page 72: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/72.jpg)
Click on Drilling Rig
![Page 73: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/73.jpg)
![Page 74: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/74.jpg)
![Page 75: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/75.jpg)
![Page 76: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/76.jpg)
1. Submit plans with different number of wells and tubing sizes
1. Review Reservoir information after each revised plan
2. Aiming to maximize sales value and minimize drilling costs, whilst increasing Recovery Factor
3. You can amend your well plans until the deadline
4. Credibility points – upto 100 kp if plans are optimal for all your reservoirs
5. After deadline – Value of Licence will be adjusted based on final Well Plan submitted
![Page 77: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/77.jpg)
![Page 78: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/78.jpg)
Plan the facilities to produce the oil and gas that has been found in the block
Maximize the value of the license block Maintain sales value Decrease facilities
costs Reduce risk
![Page 79: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/79.jpg)
Environmental surveys
Earthquake survey legend
Waveheights
Hurricanes
![Page 80: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/80.jpg)
![Page 81: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/81.jpg)
Value Shown = income less expenses Discount factors: 0%-20%
0% 5% 20%
189M 118M 48M
![Page 82: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/82.jpg)
1. Click the Reservoir tab
2. Click the magnifyingglass for the reservoir
3. Average seabed depthvisible here
![Page 83: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/83.jpg)
Determine maximum production volumes of values of oil, gas and water(In gas fields it is gas, condensate and
water)
![Page 84: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/84.jpg)
![Page 85: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/85.jpg)
Estimated no. of barrels can be transported per day Different flowline (riser) and pipeline sizes = Different no. of barrels
Flowline size : Multiphase fluid from seabed
to platform (acting as flowline and riser)
Pipeline size : Oil and condensate to
storage tanks Gas to processing plant
![Page 86: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/86.jpg)
Connect pipelines to Gas terminal and an Oil terminal
![Page 87: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/87.jpg)
![Page 88: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/88.jpg)
![Page 89: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/89.jpg)
![Page 90: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/90.jpg)
Plan the construction of facilities required to operate your platform
Submit a financial summary of the plan
Execute construction plan Minimize capital expenses Amend construction plan as issues
occur Get to FIRST oil!
![Page 91: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/91.jpg)
Choose only 1 activity – where a Dotted line
Where a solid line exists, the task below the line must be completed before starting the task above the line
![Page 92: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/92.jpg)
Considerations: Reach First Oil
within 21 periods of 90 days – TOTAL 1890 days
Time V. Cost Local Content
![Page 93: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/93.jpg)
![Page 94: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/94.jpg)
![Page 95: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/95.jpg)
![Page 96: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/96.jpg)
Activity completed
Activity delay – still ongoing
Issue with activity
Progress of activity
![Page 97: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/97.jpg)
![Page 98: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/98.jpg)
![Page 99: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/99.jpg)
![Page 100: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/100.jpg)
![Page 101: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/101.jpg)
PART A Activity Hierarchy Survey – study activity
dependencies Vendor report - compare providers/local content Prepare construction plan Submit Planning Summary
PART B Execute Plan - as many activities as possible
within each period; provider for each activity Check Timeline chart to see progress Reassess/alter providers as issues occur
![Page 102: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/102.jpg)
![Page 103: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/103.jpg)
![Page 104: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/104.jpg)
![Page 105: Offshore e&p3.4](https://reader035.vdocuments.us/reader035/viewer/2022062514/55925e9d1a28ab6d278b4637/html5/thumbnails/105.jpg)
Financial consequences of your decision?
Other major drivers of decision Did country strategy play a role? Above-ground risks? Changeable market conditions? Impact on commercial contracts? Operating agreements affected? Other information to consider?