pre-salt’s reality: update
TRANSCRIPT
“Pre-Salt’s Reality: Update”
Guilherme E. Zerbinatti Papaterra
Advisor of Board Director (ANP)
(Geologist & Regulatory Specialist)
PRE SALT TECH 3rd Annual - Rio de Janeiro, April 03, 2014
“Pre-salt“ Reservoir
(font: Horschutz et al., 1992)
(font: Estrella , 2008)
font: Henry, 2009)
Main Reservoir (Carbonates) @ basement structural highs controlling hydrocarbon accumulations
Microbialites (Sag phase / Sin-Rifte/ sub-horizontal strata ) Macabu Fm (Campos basin); Barra Velha Fm (Santos basin)
Coquinas (Rifte) Coqueiros Fm (Campos basin ) ; Itapema Fm (Santos basin)
“Pre-salt“ Reservoir – Main Technological Challenges
of exploitation
Large lateral and vertical variability n their Permo-porous properties (0 from 30%);
Permeabilities ranging from less than 0.1 to 1.000-5.000 mD;
Deep reservoirs located at a depth ultra deep water (in some cases with nearly two thousand meters);
Presence of faults, fractures , vugs and caves (@ impacting drilling operations , cementing and completion of wells);
Intelligent wells completions (up to 3 intervals);
Uncertainty about efficiency in secondary recovery (water injection, gas or alternating water and gas);
Presence of varying levels of contaminants ( H²S and CO2 ) in the fluid produced.
“Pre-salt” Exploration (Assessment Phase)
SANTOS Basin @ 11 blocks
BM-S-8 (1BRSA532ASPS) BM-S-11 (1BRSA618RJS) BM-S-21 (1BRSA526SPS) BM-S-24 (1BRSA559ARJS) S-M-518 (1SHEL23RJS) S-M-417 (1BRSA925ARJS) S-M-324 (1BRSA925ARJS) Transfer Rights (“Cessão Onerosa”
CAMPOS Basin @ 5 blocks
BM-C-14 (1BRSA665RJS) C-M-202 (1APL4DRJS) C-M-539 (6REPF6PRJS) C-M-101 (1APL1ESS) C-M-61 (1DEV15ESS)
Santos
Campos
font : ANP (feb 2014)
“Pre-salt” Exploration (Assessment Phase) – Campos basin
Campos
Operators
font : ANP (feb 2014)
“Pre-salt” Exploration (Assessment Phase) – Santos basin
Santos
Operators
font : ANP (feb 2014)
“Pre-salt” Production
SANTOS Basin Lula Sapinhoá Lapa Búzios (ex Franco) CAMPOS Basin Baleia Azul Baleia Franca Barracuda Cachalote Caratinga Caxareu Espadarte Jubarte Marlim Marlim Leste Maromba Pirambu *Bagre, Bicudo, Congro, Linguado, Pampo, Trilha, Voador *Geological horizon called Pre-salt according to provisional Measure No. 592/2012
Lula
Sapinhoá
Parque das Baleias
Santos
Campos
Lapa
Búzios
font : ANP (feb 2014)
“Pre-salt” E&P Companies
Operators Anadarko (E) , BP (E), Petrobras (E&P), Repsol Sinopec (E), Shell (E)
Non-Operators Barra Energia (E), BG (E&P), CNPC (E), CNOOC (E) Ecopetrol (E), Galp (E&P), Maersk (E), Partex (E), Petrobras (E), Queiroz Galvão (E), Repsol Sinopec (E&P), Shell (E), Statoil (E), Total (E)
E = Exploration ; P= Production
font : ANP (feb 2014)
“Pre-salt” Production (Oil bbl/dia)
font : ANP (feb 2014)
“Pre-salt” Production (Oil bbl/dia)
“Pre-salt”
Post Salt + “Pre-salt”
font : ANP (feb 2014)
“Pre-salt” Well Productivity - Santos basin (Feb, 2014*)
* Preliminary
Lula @ 08 wells @ CP 177MM bbl/d
Sapinhoá @ 03 wells @ CP 40MM bbl/d
CP= Cumulative Production
font : ANP (feb 2014)
“Pre-salt” Well Productivity - Campos basin (Feb, 2014*)
* Preliminary
Baleia Azul @04 wells @ CP 56MM bbl/d Marlim Leste @04 wells @ CP 53MM bbl/d Jubarte @02 wells @ CP 45MM bbl/d
CP= Cumulative Production font : ANP (feb 2014)
“Pre-salt” CUMULATIVE OIL PRODUCTION (*)
@ 127 MM bbl (*Até 2012)
(* Sag+ Rifte)
@ 410 MM bbl (*UNTIL 2013)
font : ANP (feb 2014)
Libra’s forecast (D&P)
12 to 18 platforms
60 to 90 supply boats
Infrastructure investments expected R$ 130 (US$ 55) billions
Production peak: ~ 1,4 million bbl/d
Royalties: ~ R$ 300 (US$ 128) billions*
Social Fund: ~ R$ 600 (US$ 256) billions*
*nominal values
COMPANIES
Petrobras – 40%*
Shell – 20%
Total – 20%
CNPC – 10%
CNOOC - 10%
font : ANP (feb 2014)
1th to 4th Quartely (Seismic
Processing)
3rd Quartely 2014
(Exploratory Well Drilling)
4rth Quartely 2014
(Exploratory Well Drilling)
2014 @R$ 855 MM
Libra’s forecast (Annual Work and Budget Program 2014)
font : ANP (feb 2014)
“Pre-salt” Forecasting Production
font : ANP (feb 2014)
THANK YOU
Agência Nacional do Petróleo, Gás Natural e Biocombustiveis – ANP
Av. Rio Branco, 65 – Centro – Rio de Janeiro – Brasil (22º andar)
Guilherme E. Zerbinatti Papaterra
Fone: +55 (21) 2112-8166
email: [email protected]
www.anp.gov.br