great team work
DESCRIPTION
Great team work. 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. - PowerPoint PPT PresentationTRANSCRIPT
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.