GAZPROM NEFT-KHANTOS MAIN GOALS, CHALLENGES AND GEOGRAPHY OF THE PRODUCTION AREA «GAZPROMNEFT-KHANTOS» 23 May 2013 Khanty-Mansyisk

Transcription

1 MAIN GOALS, CHALLENGES AND GEOGRAPHY OF THE PRODUCTION AREA «GAZPROMNEFT-KHANTOS» 23 May 2013 Khanty-Mansyisk

2 CONTENTS The goals and principles of LLC GPN-KHANTOS 3 LLC GPN-KHANTOS activity area 4 LLC GPN-KHANTOS oil production 5 LLC GPN-KHANTOS tight oil reserves classification 6 Tight oil reserves involvement strategy (undersaturated reserves module) 7 Horizontal wells with multi-stage fracturing drilling perspectives 8 Comparing pad 91 drilling variants (tight oil reserves) 9 Conceptualization of Bazhen structure on Palyanovsky area 10 Well 153Р of Palyanovsky area of Krasnoleninskoye field 11 Project fulfillment plan 12 Stage by stage development 13 Electric Submersible Pumps Performance 14 Aspd audit LLC GPN-KHANTOS 15 Main direction of the Company`s activity. New technologies 16 New technologies in pipeline operation 17 Capital construction new technologies 18 Associated petroleum gas usage at Priobskoye field South Priobskaya compressor station construction 19 Performance indicators of LLC GPN-KHANTOS 20 Our Goal company of the future creation 21 2

3 LLC «GPN-KHANTOS» FOLLOWS THE GOALS AND PRINCIPLES OF JSC «GAZPROM» STRATEGY IN THE OIL BUSINESS JSC «GAZPROM» strategy in oil business JSC «GAZPROM NEFT» strategy Exploration and production strategy Oil refining and market strategy LLC «GPN-KHANTOS» strategy Human resources; Company s source of manpower; Centre of competencies Accident rate; Environmental pollution; Remediation 0 Resource base expansion; Stabilizing high production levels 3-year business plan Complex projects of field development New assets 3

4 LLC «GPN-KHANTOS» ACTIVITY AREA Palyanovskaya area LLC «GPN-KHANTOS» and Magma Oil Company resource base at 1January 2013 Recoverable reserves С2 71,5 MMTonnes (13%) Resources С MMTonnes (4%) Accrued production 70,8 MMTonnes (13%) Zapadno-Zimneye Priobskoye field Yuzhno-Kinyaminskiy site Orekhovskiy site Yuzhniy site Recoverable reserves АВС MMTonnes (70%) Zimneye Development of resource base: Y2012: Integration of «Magma» assets in GPN-Khantos License acquisition for Yuzhno-Kinyaminskoye field Y2013: Make exploration decision for 2,3,5 Salymsky license blocks after exploration activities 4

5 LLC «GPN-KHANTOS» OIL PRODUCTION 5

6 LLC «GPN-KHANTOS» TIGHT OIL RESERVES CLASSIFICATION Classification of tight oil reserves, % 48,2% 26,5% 8,5% 1,2% 9,8% 5,8% 1. Low gross pays: Low net pays 2. Poor reservoir properties Low porosity/permeability 3. Undersaturated reserves Low initial oil saturation 4.Oil-water zone Opened oil-water contact 5. Unproven reserves Not proven reserves after exploration interpretation results 6. Reserves of geological exploration Marked only by seismic investigation Priobskoye oil field Layer АС-12 Нnet pay. = 0,8 m Priobskoye oil field Layer АС-12 Total. Кh = 1.1 md*m Priobskoye field Layer АС12.2 Av. К initial oil sat < 51 % Priobskoye field Layer АС 12.1 Tested with hydrofracks 80/1/99% 6

7 TIGHT OIL RESERVES INVOLVEMENT STRATEGY (UNDERSATURATED RESERVES MODULE) Module 2: Undersaturated reserves zone Experimental jobs: Horizontal wells with multi-stage fracturing Y2013 Legend: - Drilled pads - Current pads with tight oil reserves - Horizontal wells with multi-stage fracturing - New technologies (Multi lateral wells with multi-stage fracturing) Horizontal wells with multi-stage fracturing Y2013 Y2014 IQ IIQ IIIQ IVQ IQ IIQ IIIQ IVQ J F M А М Jun Jul А S О N D Experimental jobs Pad-33 2 hor. wells with m-stage frac +1 directional Experimental jobs success No Y2015 IQ IIQ IIIQ IVQ J F M А М Jun Jul А S О N D J F M А М Jun Jul А S О N D Yes Pad 33 drilling-in Pad-57 Pad Horizontal wells+11 directional Pad-342 6HW+13DW 9 horizontal wells and 28 directional wells Pad horizontal wells and 19 directional wells 5 horizontal wells and 9directional wels Pad-30 2 HW +3DW Pad-36 4 HW и 5DW Drilling Pad-29, 35, 52, 57 Jobs cancelation. New technologies research. No Geological confirmation, drilling reasonability estimation Pad Yes Multi lateral wells with multi-stage fracturing drilling Service market research: 1.2 nd wellbore drilling technical solutions survey (with multi-stage fracturing). 2.Drilling cost analysis. 3.Horizontal multi lateral wells with multi-stage fracturing wells case studies research and analysis. Well construction choosing for pilot project. Production calculation, investment project preparation. Project defiance Experimental job. 1 well drilling Experimental jobs success No Jobs cancelation. New technologies research. Experimental jobs candidate selection Yes Experimental jobs expansion(pad-70,77) Drilling Pad-49, 50, 56, 292, 291, 38, 74, 331, 48, 78 7

8 HORIZONTAL WELLS WITH MULTI-STAGE FRACTURING DRILLING PERSPECTIVES PAD 123 Max net pays Shallow shelf (precipitations accumulation) Deep-water shelf (precipitations carry-over) Slope zone (precipitations transit) In 2012 has been put into production 4 horizontal wells with multi-stage fracturing 17.7 Thousands tons of oil production in Multi-stage fracturing zones Drilled wells 19 wells (including Zimnee oil field) are planned to put into production in Horizontal wells with multi-stage fracturing in 2013 will produce 292 thousand tons of oil (including wells which were drilled in 2012). 8

9 COMPARING PAD 91 DRILLING VARIANTS (TIGHT OIL RESERVES) Variant 0 In line net drilling Variant 1 11 Horizontal wells 750 м 5 Frac, 21 directional wells Variant 2 21 Horizontal wells 1000 м 7 Frac, 4 directional wells Variant 0. Indices Well stock 35 Accumulated production(20 years), Thousands tons 815 Investment, mil. RUB 1617,7 PI 0,61 Variant 1. Indices Well stock 28 Accumulated production(20 years), Thousands tons 1330 Investment, mil. RUB 1950,5 PI 0,84 Variant 2. Indices Well stock 21 Accumulated production(20 years), Thousands tons 1833 Investment, mil. RUB 2134,2 PI 1,21 9

10 CONCEPTUALIZATION OF BAZHEN STRUCTURE ON PALYANOVSKY AREA 3D seismic survey data Р Fault-block structure mapping 600Р 153Р High rate wells distribution proves the concept Fault points detection Р Targeted placing of wells 10

11 WELL 153Р OF PALYANOVSKY AREA OF KRASNOLENINSKOYE FIELD Completed on Brought into production: , Qliq/Qoil 100m3/82t As of : Qliq/ Qoil 4009m3/3302t; Qliq/Qoil 98m3/80t 11

12 PHASE 4 RESERVES FOR INFRASTRUCTURE DEVELOPMENT Infrastr ucture Geology and development PHASE 3 EXPLORA TION Geology and development PHASE 2 RESERVES WITH INFRASTRUCTURE Infrastructure Geology and development PHASE 1 RESERVES OF PILOT PRODUCTION AREA Infrastr ucture Geology and development PROJECT FULFILLMENT PLAN IVQ I Q II Q III Q IV Q I Q II Q III Q IV Q I Q II Q III Q IV Q I Q II Q III Q IV Q I Q II Q III Q IV Q д я ф м а м и и а с о н д я ф м а м и и а с о н д я ф м а м и и а с о н д я ф м а м и и а с о н д я ф м а м и и а с о н д Drilling of well Management committee В.1 Drilling of directional wells Investment committee Investment committee Investment committee Investment committee Assessment, selection of oрtion for drilling of pilot production area 1 Supplement to flow chart specifying Bazheno- Abalak sequence as pilot produciton target Use of existing cluster pads # 417 and 420 for drilling of new wells Operation Pilot production assessment,selection of drilling option В.2 Drilling of 4 directional wells В.2 Drilling of 17 directional wells Operation Use of existing cluster pads for drilling of new wells Design and estimate documentation for infrastructure development Development of areas with no infrastructure Drilling of 3-4 exploration wells on areas with no infrastructure Pilot production assessment,selection of drilling option Pilot production assessment,selection of drilling option В.3 Drilling of 54 directional wells Drilling for full development from 2015 to Building of 10 cluster pads: cluster pad, cluster pad, cluster pads, cluster pads, cluster pads, cluster pads. SYMBOLS: STAGE ASSESSMENT SELECTION DETERMINATION IMPLEMENTATION 12

13 Oil production, Kbpd Active well stack, pcs. STAGE BY STAGE DEVELOPMENT 4 stage implementation stage determination 2 stage assessment 1 stage selection stage selection 2013 drilling of 5 directional wells - ## 153, 130, 138, 157, 158 (#158-start up in 2014) in pilot production area #1 (clusters # 417 and 420), extended set of studies 2 stage assessment 2014 drilling of 4 directional wells ##167, 170, 174, 176 in pilot production area #2 (clusters ## 335,340), extended set of studies 3 stage determination drilling of 17 directional wells drilling of wells using existing clusters 4 stage implementation 2017 end of works drilling of 54 directional wells drilling for full implementation 13

14 Dec 2011 Jan 2012 Febr 2012 March 2012 Apr 2012 May 2012 June 2012 July 2012 Aug 2012 Sept 2012 Oct 2012 Nov 2012 Dec 2012 Jan 2013 Febr 2013 March 2013 ELECTRIC SUBMERSIBLE PUMPS PERFORMANCE Mean time between failures of ESP ; 34% ESP April 01, 2013, 1847 wells +4% in comparison with January 01, ; 2% Plan Fact ESP CONTRACTORS 723; 39% LLC «Service Center EPU», Russia Provided ESP: series SPI, DN, GN, SN, Ezline Baker Hughes Provided ESP: series Centurion, Reliant. 455; 25% LLC «Novomet-Service», Russia Provided ESP of national production VNN Series LLC «Borec-Service», Russia Provided ESP of national production with ac electronic motor 14

15 MONITORING OF ENERGY CONSUMPTION 15

16 MAIN DIRECTIONS OF THE COMPANY S ACTIVITY. NEW TECHNOLOGIES. Drilling About 400 directional wells every year Horizontal wells drilling Sidetracking Completion, Production enhancement 800 frac jobs per year, experience of more than 4500 operations of frac jobs in the history of the Company. Using innovation technology of frac: Foam Frac HiWay Horizontal wells with multi-stage fracturing Capital Construction Construction of Oil and Gas production support objects Capital construction management programs optimization 16

17 NEW TECHNOLOGIES IN PIPELINE OPERATION Implementation T.D.Williamson equipment All cast polyurethane cylinder piping Lay-flat hoses «MILROY» Advantages Equipment for the tie and overlap section of the pipe under pressure allows for replacement of defective pipe sections, valves, repair or installation, connection of new sites and other types of reconstruction pipeline without stopping the supply of the product and without pressure reduction Advantages Provides doubly effective method of cleaning pipes as compared with metal frame treatment devices. The absence of the piston assemblies does not require any maintenance to accompany the pistons that are fitted with a transmitter Advantages Pumping water, oil, oil products with operating pressures up to 25 atm. Applied to the device bypass lines in the repair sections of pipelines, connecting the timelines for launch facilities and pumping ВНЭ from the point of dispensation Purpose: Experimenting with new technologies to reduce operating costs 17

18 CAPITAL CONSTRUCTION NEW TECHNOLOGIES Implementation of ground modules in the construction of roads and grounds Advantages High efficiency on wetlands Reducing the amount of soil Implementation of recycling technologies road pavement Advantages Execution of work in subzero temperatures High degree of roadway strengthening Implementation of screw piles for the construction of high tension line Advantages low material and labor input no excavation preservation foundation soils in the natural state unstressed immersion high accuracy in terms of installation and adjustment Purpose: Experimenting with new technology to reduce capital costs and increase the efficiency of investments 18

19 ASSOCIATED PETROLEUM GAS USAGE AT PRIOBSKOYE FIELD SOUTH PRIOBSKAYA COMPRESSOR STATION CONSTRUCTION The project purpose: Increase APG utilization level on Priobskoe oil field up to 95% Production startup June The project goal is gas production profit earning. 19

20 PERFORMANCE INDICATORS OF LLC GAZPROMNEFT-KHANTOS Saving the best indicators of OPEX in branch 1723,2 Unit costs for rent of ESP (ths.rbl./well. Numbers of wells) Best practices on benchmarking 2010 г г г. БП 2012 г. (8+4) 2013 г г г. Specific consumption of electricity on liquid production by physically (kw*h/t) г г г. БП 2012 г. (8+4) 2013 г г г. 30,03 Directions of cost optimization Inventory management and technical reserves Reduction of work-in-process (WIP) Optimization of administrative expenses Energy strategy (implementation of the energy management system; implementation of the program ASPD AUDIT) 20

21 OUR GOAL COMPANY OF THE FUTURE CREATION Personnel, technology, resources integration and standardization Instrumentation (sensors) Telemetry Automatic control Communication Visualization Reverse Engineering Data collection and processing Smart control oil field development system. Production process efficiency increase. 21

22 THANK YOU FOR YOUR ATTENTION 22