RELINQUISHMENT REPORT. Centrica North Sea Gas Ltd. Trap Oil Ltd
|
|
- Beatrix Heather Baker
- 6 years ago
- Views:
Transcription
1 RELINQUISHMENT REPORT SEAWARD PRODUCTION LICENCE P1547 Block 110/3b Centrica North Sea Gas Ltd (Operator - 70% owner) Trap Oil Ltd (30% owner)
2 1. Introduction and Synopsis Licence P1547 comprising Block 110/3b in the East Irish Sea (Figure 1) was awarded on 1st April 2007, as part of the 24th UKCS Licencing Round, to Reach Exploration (North Sea) Ltd. for an Initial Term of four years. In 2008, Venture Production farmed-in to 70% of the Licence, and in 2009 the 110/3b-6a Whitbeck discovery well was drilled. In 2011 Venture Production was acquired by Centrica Energy, and in 2011 Reach Exploration was acquired by Trap Oil Ltd. The Licence was renewed for a further four years in 2011, at which time 50% of the Licence area was relinquished, and expires on 31 st March A further 57% of the Licence area was relinquished in 2013, with only the immediate field area being retained (34.5 km 2 ). Current owners are Centrica North Sea Gas Ltd (Operator, 70%) and Trap Oil Ltd (30%). The owners are in full agreement that the Licence be relinquished, effective 6 th December The discovery well, 110/3b-6a, remains suspended. The Operator retains sole responsibility for it final abandonment. Work Programme Summary 'Promote' Licence requirement With reference to the obligations imposed by this Licence, the Licensee shall demonstrate to the satisfaction of the Minister - (1) the financial capacity of the Licensee; and (2) the competence of the following persons to organise and supervise any of the operations of searching for, boring for and getting Petroleum - a. the Licensee, where the Licensee is one person; or b. any operator or operators exercising functions in accordance with model clause 20, where the Licensee is two or more persons. Firm commitments The Licensee shall obtain: 300km of 2D seismic data; and 200km 2 of 3D seismic data. Drill-or-drop commitment The Licensee shall either: drill one well 100m into the Carboniferous (c. 1500m), or elect to allow the licence to automatically cease and determine pursuant to Clause 3. Work Completed for Initial Term Commitments (Figure 2) 1) Obtained 380 km of TW85MB 2D survey 2) Purchased additional 2D surveys R94, R97 not listed in DEAL 3) Reprocessed more than 200 km 2 of merged 3D EIS 3D PreSTM seismic survey 4) Acquired BN08 3D seismic survey and merged with 3DEIS survey. Approximately 65 km 2 of 3DEIS overlaps into P ) Drilled 110/3b-6a in 2009, which reached TD at 1,764m MDBRT (5,787 ft MDBRT).
3 2. Exploration and Development Activities, and Prospectivity Whitbeck was discovered with well 110/3b-6a drilled in 2009 to a TD of 5,787 ft MDBRT. Top reservoir was some 500 ft deep to prognosis in the well, in part due to a miss-pick of the top reservoir seismic reflector and partly due to the presence of shallow volcanics which hadn t been identified pre-drill, resulting in much faster seismic velocities unaccounted for in the depth conversion. Both of these issues may be mitigated by further work and possible re-processing of the seismic data. However, this work would not resolve the issues of reservoir connectivity and structural configuration, and fluid contacts. A net reservoir interval of 76.5 ft. TVD was encountered in the Ormskirk sandstone at a depth of 5,282 ft. TVDSS, with 55 ft. TVD of net gas pay. Average porosity in the gas leg is 10.4% with a S w of 44.2% (Figure 3). Whitbeck is a complexly faulted, 3-way, dip-closed trap. The discovery well passes through the reservoir section from hanging wall to foot wall. The structure appears to be dip-closed, bisected by the N-S striking fault encountered in the well (Figures 4 & 5). The overlying seal is a mix of conformable, impermeable mudstones and halites of the Mercia Mudstones on the Ormskirk Sandstone. Whitbeck appears to be a combination trap, with the discovery well encountering a fault, having reservoir at virgin pressure in the hanging wall and partially depleted reservoir (by ca. 500 psi at the time of drilling in 2009 Figure 6) in the footwall, implying a sealing fault. An alternative interpretation is that the Centurion Mudstone is acting as a barrier to communication between the upper and lower reservoirs (i.e. no fault in the well), and only the lower reservoir is in communication with one of the producing fields nearby (possibly via the aquifer) and is therefore depleted. The nature of this trap can t be fully resolved with the available data and is open to a number of different interpretations (see Figures 7 to 13). The reservoir comprises Ormskirk Sandstone Formation which is the upper part of the Sherwood Sandstone Group. These sands were deposited in both a braided river environment and in an aeolian/sandflat/sabkha environment. The Ormskirk Sandstone Formation is made up of pale brown to light grey sandstones with occasional interbedded red and brown claystones and siltstones. The sandstones are very fine to medium grained, occasionally coarse, moderately hard to friable, and are cemented by quartz and/or carbonates. Due to the presence of the near-surface volcanics above the Whitbeck discovery, the quality of the seismic data has been in question. Consequently, a recent re-evaluation of the seismic data quality covering the Licence area has been completed, the conclusions of which are: a recommendation to acquire new 3D seismic for optimal results with 2D acquisition, potential improvements may be attained by Better source design to improve the low frequency content Decreased minimum offsets to record water bottom and consequently improve demultiple and velocity determination Increased maximum offset (to 2600m)
4 A revised reprocessing strategy of the legacy data would only result in moderate to slight improvements in quality There is however, a major impediment to acquiring seismic data over the field in the form of the West of Duddon Sands wind farm, operated by Dong Energy. This overlies much of the discovery, precluding acquisition of 3D seismic (a multi-streamer array could not be safely towed through the wind farm) or even 2D seismic with a recommended streamer length of 2600m (recent acquisition through the Ormonde wind farm used a 600m streamer, which was considered to be close to the safe maximum). The only remaining option for seismic acquisition is therefore Ocean Bottom Cable (OBC) which, even in an upside case would be hard to justify. Development Project Studies Whitbeck has been the subject of a number of studies to determine commerciality, both in isolation and in combination with other discoveries. Marram and Whitbeck (In-house Study) In 2010, Centrica completed an in-house study looking at options to integrate the Marram and Whitbeck fields into the EIS infra-structure. The focus of the report was on evaluating alternative methods for dealing with the high inert gas content of the Marram and Whitbeck fields. The study completed a high level screening of offshore development concepts for Marram and Whitbeck considering both standalone & combined Marram and Whitbeck developments via Bains, Rhyl or the DPPA platform. The study also completed a brief technical feasibility study and economic evaluation of the following options for export of the Marram and Whitbeck gas: Export of off-specification (high nitrogen content) gas to regional power stations for use as fuel gas Tie-back to the South Morecambe platform and transportation to Barrow for processing of gas at the Barrow Terminals for export into the National Transmission System (NTS) using: The existing facilities at the Barrow Terminals (i.e. operating within the capacity constraints of the existing facilities) New Nitrogen rejection facilities (NRU) constructed at the Barrow Terminals (i.e. eliminating the capacity constraints within the existing facilities) The study concluded that: The power station option was not feasible owing to the additional development costs (offshore and onshore pipeline infrastructure) and because the turbines would be unable to process the gas without further processing to reduce the inert gas content; Marram and Whitbeck do not justify, in their own right, the expense of building any additional nitrogen rejection capacity; There are benefits in reusing the Bains facility, namely reduced capital expenditure and deferred abandonment costs, but insufficient to support the mapped resource. The study went on to recommend that only if substantial gas reserves are discovered in the region would construction of a new NRU be justified.
5 It is noted that the cost estimates for a new Nitrogen Rejection Unit quoted in this study appear low compared to the original cost of the N Morecambe Terminal cost in 1995, around one third of which was spent on the NRUs and associated equipment. Marram and Whitbeck Screening Study A study for the development of the Marram and Whitbeck fields was completed by Genesis in The study considered development of Marram and Whitbeck together; Marram only, and Whitbeck only. It was assumed for all three options that the fields would be developed via the existing Bains Field subsea infrastructure through modification to the tie-in spool linking the Bains well to the Bains flexible flowline. Two scenarios were considered for use of the Marram/Whitbeck gas, the first being transportation to the Barrow terminals for processing and export and the second being to use a proportion of the production from Marram / Whitbeck to provide fuel gas to the South Morecambe Central Processing Platform. The study concluded that minimal topsides modifications would be required by the first scenario (subsea controls only). However, for the second scenario, a new Marram / Whitbeck reception vessel, filter coalescer and LP fuel gas compressor would be required in order to maximise the amount of Marram / Whitbeck gas used as fuel gas. The study did not make a recommendation as to which option should be progressed and failed to reach a conclusion on the feasibility of using the high nitrogen content gas as fuel gas. The study indicated that: The cost differential between the two options was significant (+/-40%), with the fuel gas option being more expensive owing to the extensive topsides modifications; There are some significant risks associated with the fuel gas option, the principal one being that if the gas turbines on the South Morecambe CPP are modified to burn high nitrogen content gas, it may not be possible to switch back to gas with a lower nitrogen content, leading to total field shutdown in the event of an interruption to production from Marram/Whitbeck The study also looked at the feasibility of installing subsea wells and flowlines in the shallow water depths at the Marram/Whitbeck locations, but did not reach any definitive conclusions. Knox, Lowry, Marram and Whitbeck Screening Study The purpose of the 2012/13 Xodus screening was to consider all feasible options and identify those preferred options to be retained for consideration during the Select phase. The study attempted to complete an unconstrained evaluation of 78 development options (involving different combinations of fields, and tie-in locations) which were split in to five groups: Knox and Lowry options Marram and Whitbeck options. Combined Knox, Lowry, Marram and Whitbeck options. Lowry and Marram options Lowry, Knox and Marram options
6 3. Resources Whitbeck has been the subject of a number of attempts to establish its commerciality, most recently as part of the EIS Integrated Satellite Fields Study (Knox, Lowry and Marram being the other fields in the study). As with previous studies however, it is clear that Whitbeck cannot be developed economically, either as a stand-alone project or in combination with one or more of the other small satellites with which, in all cases, it has been determined to be value destructive. The primary control on this outcome is the size of the resource, determined by the complexity in subsurface definition: Whitbeck GIIP and Resources Total GIIP (bcf) 9.0 Recoverable sales gas (bcf) 6.0 As part of the Evaluate Phase, Development Options were screened and economics calculated for the lowest cost cases: Description Whitbeck tie back via Bains Marram-Whitbeck via Bains KL/MW as Parallel Developments Notes S/T subsea well 110/3b-6a 1 subsea well & NUI with 2 wells for Marram 3 subsea wells & NUI with 2 wells for Marram 4. Conclusions Whitbeck cannot be developed economically for the foreseeable future, given gas price forecasts and estimated development costs. In addition, high N 2 content (ca.13%) further complicates the development options. The calculated GIIP and sales gas are insufficient to support the costs of development, either as a standalone development or in combination with other discoveries in the area. Current subsurface interpretation concludes there is insufficient upside potential to warrant further data acquisition (i.e. seismic acquisition). In addition, such acquisition has now become logistically difficult due to the development of the West of Duddon Sands wind farm covering much of the remaining prospectivity.
7 5. Maps & Figures Figure 1
8 Figure 2 110/3b-6A CPI Figure 3
9 W RP TW /3b-6A E 66 Figure 4 Figure 5
10 Figure 6
11 Figure 7 Figure 8 Figure 9 Figure 10 Figure 11 Figure 12 Figure 13
12 6. Clearance Centrica North Sea Gas Ltd. and its co-licensee Trap Oil Ltd confirm that DECC is free and clear to publish this relinquishment report.
LICENCE P.691 RELINQUISHMENT REPORT
LICENCE P.691 RELINQUISHMENT REPORT 1. Licence Information Licence Number: P.691 Licence Round: 11, in 1989 Licence Type: Traditional Block Number: 44/17a DECC is free to publish the Report, and all 3rd
More informationKinsale Area Gas Fields Decommissioning Project Information Leaflet
Kinsale Area s Decommissioning Project Information Leaflet About Kinsale Energy PSE Kinsale Energy Limited has been operating a number of gas fields in the Celtic Sea, off the County Cork coast, since
More informationIntroducing the UNFC Why classify our resources? David MacDonald, Vice President Segment Reserves 27 September, Mexico City
Introducing the UNFC Why classify our resources? David MacDonald, Vice President Segment Reserves 27 September, Mexico City Outline History of resource classifications Fundamental purpose of resource classification
More informationAnnual General Meeting 11 September 2017
Sacramento Basin Project California Block 29/11 China Annual General Meeting 11 September 2017 Duyung PSC Indonesia Forward-looking statements This presentation may contain forward-looking statements and
More informationOil and Gas Exploration Economic Model Manual. Version Introduction
Oil and Gas Exploration Economic Model Manual Version 2.00 Introduction This model is designed to provide screening economics for the evaluation of oil and gas exploration prospects and discoveries on
More informationNew Field Development Challenges in a Late Life Setting - Cladhan
New Field Development Challenges in a Late Life Setting - Cladhan Billy MacRae - Senior Geologist Acknowledgements: Sterling Resources, MOL 24th May 2017 1 Outline Introduction Cladhan field Appraisal
More informationPROSPEX. UKCS Exploration & Appraisal Status. Gunther Newcombe Director Operations. December 2016
PROSPEX UKCS Exploration & Appraisal Status Gunther Newcombe Director Operations December 2016 OGA OGA became a GOVCO on 1 st October 2016 with additional powers and sanctions Progressive Regulation Role
More informationGas Storage and Oil & Gas Exploration in County Antrim
Gas Storage and Oil & Gas Exploration in County Antrim Dr Andrew Hindle InfraStrata plc 17 October 2012 1 Agenda Introduction Islandmagee gas storage project PL1/10 licence oil & gas exploration 2 Introduction
More informationNCS Prospects Conference
NCS Prospects Conference OGA Strategy & Plans Gunther Newcombe Director Operations November 2016 OGA OGA became a GOVCO on 1 st October 2016 Progressive regulation Role of the OGA OGA Approach MER UK Strategy
More information-PILOT & Industry development -Decommissioning. Audrey Banner Head of Offshore Decommissioning Unit, DECC
-PILOT & Industry development -Decommissioning Audrey Banner Head of Offshore Decommissioning Unit, DECC PILOT Joint Industry/Government Strategic Forum Membership includes; 8 members of the board of Oil
More informationUNECE Comments to the draft 2007 Petroleum Reserves and Resources Classification, Definitions and Guidelines.
UNECE Comments to the draft 2007 Petroleum Reserves and Resources Classification, Definitions and Guidelines. Page 1 of 13 The Bureau of the UNECE Ad Hoc Group of Experts (AHGE) has carefully and with
More informationWe ll Get You There. Petroxin Petroleum Solutions 2016
We ll Get You There. www.petroxin.org Petroxin Petroleum Solutions 2016 Unlocking the previously thought unreachable resources is Petroxin s priority. We focus on creative exploration and production techniques
More informationFor personal use only
3D Oil Limited Level 5, 164 Flinders Lane Melbourne VIC 3000 Tel: +61 3 9650 9866 Fax: +61 3 9639 1960 www.3doil.com.au ASX Release 16 April 2013 West Seahorse Oil Field: Concept selected and FEED commenced
More informationHow it works and Stakeholder Benefits
UNFC 2009 - Applications in Uranium and Thorium Resources: Focus on Comprehensive Extraction How it works and Stakeholder Benefits David MacDonald Santiago 9-12 July 2013 Stakeholders of our reported resources
More informationFurther information about the Duhat Prospect is set out in the Appendix attached to this announcement. --Ends--
1 July 2013 Manager of Company Announcements ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 By E-Lodgement DRILLING TO COMMENCE BY LATE JULY AT THE DUHAT OIL PROSPECT IN SC51 Highlights: Rig mobilisation
More informationSubsea Field Development
Subsea Field Development Presented by Oseghale Lucas Okohue BEngr. Msc. CIPMP Course Instructor Name: Oseghale Lucas Okohue Position: Subsea Engineer Consultant Production Systems Drilling Systems Website:
More informationASX Release NILDE AREA PERMIT FARMOUT OFFSHORE ITALY. Highlights
ASX Release 31 October 2018 NILDE AREA PERMIT FARMOUT OFFSHORE ITALY (The d 363 C.R-.AX Permit containing the Nilde Oil Redevelopment Project) Highlights Drilling and Seismic Work Program Fully Funded
More informationFor personal use only
ASX Announcement Thursday, 14 July 2016 ASX: WPL OTC: WOPEY Woodside Petroleum Ltd. ACN 004 898 962 Woodside Plaza 240 St Georges Terrace Perth WA 6000 Australia www.woodside.com.au WOODSIDE AGREES TO
More informationThis presentation (the "Presentation") contains forward-looking information relating to, among other things, (a) the future financial performance and
This presentation (the "Presentation") contains forward-looking information relating to, among other things, (a) the future financial performance and objectives of Canadian Foresight Group Ltd. (the CFG
More informationBay du Nord Framework Agreement
Bay du Nord Framework Agreement Technical Briefing Department of Natural Resources July 2018 1 Outline Project Overview Fiscal and Equity Terms NL Benefits Next Steps 2 Project Overview Location Flemish
More informationENGINEERING SERVICES CONSULTANCY
ENGINEERING SERVICES CONSULTANCY Managing complexity, unlocking value Petrofac Engineering & Production Services 02 03 Discover the difference Consultancy services Petrofac is an international service
More informationFaroe Petroleum plc ( Faroe, the Company ) Asset swap transaction Maria discovery swapped for Norwegian production assets
11 April 2010 Faroe Petroleum plc ( Faroe, the Company ) Asset swap transaction Maria discovery swapped for Norwegian production assets Faroe Petroleum, the independent oil and gas company focusing principally
More informationDraft Myanmar Environmental Impact Assessment (EIA) Procedures: Comments 1 on aspects relevant to Offshore Oil and Gas Exploration and Production
Draft Myanmar Environmental Impact Assessment (EIA) Procedures: Comments 1 on aspects relevant to Offshore Oil and Gas Exploration and Production Appropriate EIA phasing for Petroleum E&P Activities According
More informationMatthew Allen MD & CEO Joint Venture partner Byron Energy (Operator) is a proven
10 December 2015 Manager of Company Announcements ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 By E-Lodgement NEW ACQUISITION SETS OTTO FOR ACTIVE HIGH IMPACT MULTI-WELL DRILLING IN 2016 HIGHLIGHTS:
More informationFor personal use only
3D Oil Limited Level 5, 164 Flinders Lane Melbourne VIC 3000 Tel: +61 3 9650 9866 Fax: +61 3 9639 1960 www.3doil.com.au ASX Release 19 July 2013 Milestone Purchase of Rig for the West Seahorse Oil Field
More informationIntegrated approach to upstream decision making. London January 2010
Integrated approach to upstream decision making London 20 21 January 2010 MSm3oe/Year MSm3oe % Setting the scene 300,0 250,0 200,0 150,0 100,0 50,0 90 80 70 60 50 40 30 20 10 0 60 50 40 30 20 10 0 0,0
More informationCluff Natural Resources Plc / Index: AIM / Epic: CLNR / Sector: Natural Resources. Cluff Natural Resources Plc ('CLNR' or 'the Company')
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication
More informationEvolution of Deepwater Subsea / Offshore Market
Evolution of Deepwater Subsea / Offshore Market Amar UMAP Vice President, Technip COOEC Alliance DMFT 2014 Zhu Hai, China 18 October 2014 Table of contents 1. Evolution of Offshore/ Subsea Oil & Gas Industry
More informationTechnical Challenges in Offshore Development New Technology Required for Future Offshore Development
JOGMEC Techno Forum 2013 Technical Challenges in Offshore Development New Technology Required for Future Offshore Development Jim Raney Director of Engineering Global Engineering & Technology Anadarko
More informationPersistence, partnership and the prize
Persistence, partnership and the prize The world s largest oil discovery for 2014 MSGBC Basin summit and exhibition Dakar, Senegal 23-24 November 2016 About FAR Africa focussed oil company Fifth largest
More informationWHITE ROSE OILFIELD COMPREHENSIVE STUDY REPORT SUBMITTED BY:
WHITE ROSE OILFIELD COMPREHENSIVE STUDY REPORT SUBMITTED BY: HUSKY OIL OPERATIONS LIMITED (AS OPERATOR) SUITE 801, SCOTIA CENTRE 235 WATER STREET ST. JOHN S, NF, A1C 1B6 TEL: (709) 724-3900 FAX: (709)
More informationFor personal use only
ASX Release 30 April 2012 Activities Report Period Ending 31 March 2012 Highlights Operational Chorbane Permit, onshore Tunisia - Sidi Dhaher-1 discovery A rig contract with Dietswell SA, for the provision
More informationWintershall Production Optimisation Initiative Value Creation through Innovation. Michael Damm Wintershall Noordzee BV
Wintershall Production Optimisation Initiative Value Creation through Innovation Michael Damm Wintershall Noordzee BV Wintershall Noordzee B.V. (WINZ) Subsidiary of Wintershall Holding Operator in NL,
More informationCELTIC SEA BASINS ASSET PORTFOLIO UPDATE
CELTIC SEA BASINS ASSET PORTFOLIO UPDATE BARRYROE OIL FIELD o FARM-OUT UPDATE o UPPER GAS BEARING C-SANDS EVALUATION o REVISED DRILLING COSTS HELVICK/DUNMORE OIL DISCOVERIES o AWARD OF LEASE UNDERTAKING
More informationAnnex- II MARGINAL/ STRANDED GAS FIELDS- GAS PRICING CRITERIA AND GUIDELINES, 2013 GOVERNMENT OF PAKISTAN MINISTRY OF PETROLEUM & NATURAL RESOURCES
Annex- II MARGINAL/ STRANDED GAS FIELDS- GAS PRICING CRITERIA AND GUIDELINES, 2013 GOVERNMENT OF PAKISTAN MINISTRY OF PETROLEUM & NATURAL RESOURCES JANUARY, 2013 A. Introduction Pakistan is facing big
More informationAVOID THE IRRESISTIBLE Daniel Baltar London February, 2015
AVOID THE IRRESISTIBLE Daniel Baltar London February, 2015 Outline Challenges to exploration performance and value creation Impact of CSEM in exploration uncertainty Performance of CSEM in prospect evaluation
More informationASX Release. 20 April Dear Shareholder, ADX Dougga Presentation to ETAP and Ministry in Tunisia
ASX Release 20 April 2018 Dear Shareholder, ADX Dougga Presentation to ETAP and Ministry in Tunisia ADX Energy Ltd (ASX: ADX) are pleased to advise that the Tunisian national oil company ETAP has requested
More informationMEO Australia Limited ABN ASX & Media Release
MEO Australia Limited ABN 43 066 447 952 Level 23 Tel: +61 3 8625 6000 500 Collins Street Fax: +61 3 9614 0660 Melbourne Victoria 3000 Email: admin@meoaustralia.com.au Australia Website: www.meoaustralia.com.au
More informationThe world s largest oil discovery Melbourne Mining Club Cutting Edge Series 15 March 2016
The world s largest oil discovery 2014 Melbourne Mining Club Cutting Edge Series 15 March 2016 FAR snapshot Two major basin opening oil discoveries in Senegal in 2014 SNE Field largest global oil find
More informationFor personal use only
RMG Limited ABN 51 065 832 377 18 March 2011 Company Announcements Office Australian Securities Exchange SUMMARY ACQUISITION OF KAMARGA ZINC PROJECT By e Lodgement RMG Limited (RMG) has agreed to purchase
More informationFor personal use only
Unit 14, Level 2, 210 Bagot Road, Subiaco, WA 6008 Australia Tel: (08) 9388 2654 E: info@sacgasco.com ABN 83 114 061 433 15 August 2016 SACRAMENTO BASIN FARMOUT CONFIRMS AMI VALUE Farmout of up to 14%
More informationMacquarie Oil & Gas Explorers Conference. 9 January 2012
Macquarie Oil & Gas Explorers Conference 9 January 2012 Disclaimer Important Notice Nothing in this presentation or in any accompanying management discussion of this presentation (the "Presentation") constitutes,
More informationStewardship. Expectations. SE-06 Production Optimisation Implementation Guide
Stewardship Expectations SE-06 Production Optimisation Implementation Guide June 2017 2 SE-06 Production Optimisation Implementation Guide 1. Objectives The objectives of this Stewardship Expectation are
More informationUK EXPLORATION WHERE NEXT? OIL & GAS UK BREAKFAST 8 DECEMBER 2015
UK EXPLORATION WHERE NEXT? OIL & GAS UK BREAKFAST 8 DECEMBER 2015 Introduction Phil Kirk MD Chrysaor Co-Chair & Industry Lead MER UK Exploration Board Board member Oil & Gas UK Active member OGIA What
More informationAccess to Infrastructure: A new approach for the North Sea
Access to Infrastructure: A new approach for the North Sea 10 th of May 2012 James Paton www.assetdev.com Introduction In the UKCS lack of access to suitable infrastructure is increasingly becoming an
More informationWell Control Contingency Plan Guidance Note (version 2) 02 December 2015
Well Control Contingency Plan Guidance Note (version 2) 02 December 2015 Prepared by Maritime NZ Contents Introduction... 3 Purpose... 3 Definitions... 4 Contents of a Well Control Contingency Plan (WCCP)...
More informationMARS. Multiple application reinjection system
MARS Multiple application reinjection system Unique Technology. Universal Application. Historically, installing processing hardware on existing subsea trees has been a high-risk and costly activity due
More informationASX ANNOUNCEMENT (ASX: BRU) 4 May 2011
Buru Energy Limited ABN 71 130 651 437 Level 2, 97 William Street Perth WA 6000 PO Box 7794, Perth Cloisters Square WA 6850 Ph: 61-8 9215 1800 Fax: 61-8 9215 1899 www.buruenergy.com ASX ANNOUNCEMENT (ASX:
More informationFor personal use only
ABN 96 009 217 154 15 October 2014 ASX Limited Electronic lodgement ASX Code: XST XSTATE BROKER PRESENTATION Please find attached copy of a broker presentation by Xstate Resources Limited. On behalf of
More informationBUILDING VALUE THROUGH WORLD CLASS ASIAN ASSETS AGM, 5 SEPTEMBER 2018
Sacramento Basin Project California Duyung PSC Indonesia Block 29/11 China BUILDING VALUE THROUGH WORLD CLASS ASIAN ASSETS AGM, 5 SEPTEMBER 2018 Forward Looking Statements This presentation may contain
More informationAnnual Statement of Reserves
Annual Statement of Reserves Classification of Reserves and Contingent Resources In this document volumes are classified according to the NPD classification system (www.npd.no/regelverk/r2002/ressursklassifisering_e.htm).
More information: Unlocking material value in the UK North Sea through development
: Unlocking material value in the UK North Sea through development : CORPORATE UPDATE Q4 2018 i3 ENERGY (LON:i3E) Forward looking statements This presentation contains forward-looking statements and information
More informationFor personal use only
ASX Release 17 February 2016 INDEPENDENT ASSESSMENT OF NILDE DISCOVERY AREA RESULTS IN A 2C CONTINGENT RESOURCE OF 34 MILLION BARRELS OF OIL OFFSHORE ITALY HIGHLIGHTS 34 Million Barrels of 2C Contingent
More informationFY19 production and capital expenditure guidance
FY19 production and capital expenditure guidance Release Date: 29 October 2018 (Senex, ) provides the following guidance in relation to FY19 production and capital expenditure: FY19 production guidance
More informationOTTO TO DRILL 400 MILLION BARREL NANUSHUK OIL PROSPECT ON ALASKA NORTH SLOPE IN EARLY 2019
ASX ANNOUNCEMENT 25 June 2018 OTTO TO DRILL 400 MILLION BARREL NANUSHUK OIL PROSPECT ON ALASKA NORTH SLOPE IN EARLY 2019 Otto s technical team has generated a 400 MMbbl gross best estimate prospective
More informationExecutive Summary and Table of Contents
UK UPSTREAM OIL & GAS SECTOR REPORT 2012/13 Executive Summary and Table of Contents Focused, cutting edge information on the UK Upstream oil and gas industry. Providing detailed and robust analysis of
More informationThe Directors wish to inform you about recent exploration activities:
26 June 2009 Dear Shareholders The Directors wish to inform you about recent exploration activities: MoU was signed with PGS Overseas AS on the Sicily Channel Permits in the Mediterranean Sea and AuDAX
More informationQuarterly Activities Report 31 January 2013
New Hope Corporation Limited ABN 38 010 653 844 Contact Phone: +61 7 3418 0500 Fax: +61 7 3418 0355 Quarterly Activities Report 31 January 2013 Jan 13 ( 000t) Quarter Ended Jan 12 ( 000t) Change (%) Jan
More informationP1-3-8 Avoiding False Amplitude Anomalies by 3D Seismic Trace Detuning Introduction Wedge Model of Tuning
P1-3-8 Avoiding False Amplitude Anomalies by 3D Seismic Trace Detuning Ashley Francis, Samuel Eckford Earthworks Reservoir, Salisbury, Wiltshire, UK Introduction Amplitude maps derived from 3D seismic
More informationOil&Gas Subsea Production
Oil&Gas Subsea Production Oil&Gas Subsea Production The first subsea technologies were developed in the 1970s for production at depths of a few hundred meters. Technology has advanced since then to enable
More informationEUOAG Workshop. Workshop on decommissioning of offshore installations Challenges, options and lessons learned PP&A
EUOAG Workshop Workshop on decommissioning of offshore installations Challenges, options and lessons learned PP&A Johnny Gundersen Principal Engineer, PSA Norway Content Requirements for PP&A in Norway
More informationPerenco UK Ltd. SNS Decommissioning
Perenco UK Ltd. SNS Decommissioning EEEGr / Decom North Sea Decommissioning Special Interest Group Event 22 nd November 2012 SNS Decommissioning PUK Assets and Decommissioning Strategy Welland Case Study
More informationFor personal use only
Breaking through towards future SNE development FAR Ltd September 2016 About FAR Leading Africa focussed oil company with high potential exploration, pre-appraisal and appraisal assets Sixth largest independent
More informationCluff Natural Resources Plc / Index: AIM / Epic: CLNR / Sector: Natural Resources
30 August 2018 Cluff Natural Resources Plc / Index: AIM / Epic: CLNR / Sector: Natural Resources Cluff Natural Resources Plc ('CLNR' or 'the Company') Formal Award of Six Licences in the UK's 30 th Offshore
More informationThe Schoonebeek Field: EOR redevelopment of a European onshore giant
The Schoonebeek Field: EOR redevelopment of a European onshore giant Ben Taylor Production Geologist, Shell UK Acknowledgement s: Daan den Hartog Jager Frank Jelgersma Martin de Keijzer Cautionary Statement
More informationPhoenix South-3 drilling commenced 17 April 2018
Phoenix South-3 drilling commenced 17 April 2018 Highlights Drilling of the Phoenix South-3 well has now commenced Currently preparing to run 36 surface conductor Significant resource being targeted of
More informationA Step Change in Activity
IGAS ENERGY PLC ( IGas ) Final Results 2010 and Operational Update A Step Change in Activity Disclaimer Certain statements included in this presentation contain forward-looking information concerning IGas's
More informationSurveyors in The Oil & Gas Industry. Walter Jardine Lead Surveyor, BP North Sea Region Hydrofest 13 April 2011
Surveyors in The Oil & Gas Industry what on earth do those guys do? Walter Jardine Lead Surveyor, BP North Sea Region Hydrofest 13 April 2011 Why Geography Matters in the O&G Industry Around 80% of the
More informationDetails of SPE-PRMS can be found here:
Annual Statement of Reserves 2010 Noreco s classification of reserves follows the SPE/WPC/AAPG/SPEE Petroleum Resources Management System (SPE-PRMS) published in 2007. The system is a recognised resource
More informationBrae Area Pre Decommissioning MARATHON BRAE. Brae Area Decommissioning Programme. June Revision 1.0
Brae Area Pre Decommissioning MARATHON BRAE Brae Area Decommissioning Programme June 2017 Revision 1.0 Why is Marathon Oil decommissioning? Decommissioning is a natural step in the life cycle of an oil
More informationMARCH 2009 QUARTERLY REPORT. Herewith is Tap Oil Limited s Quarterly Report for the period ended 31 March 2009.
30 April 2009 Tap Oil Limited ABN 89 068 572 341 Level 1, 47 Colin Street West Perth WA 6005 Australia T: +61 8 9485 1000 F: +61 8 9485 1060 E: info@tapoil.com.au www.tapoil.com.au The Company Announcements
More informationPhoenix South-3 drilling update 29 June 2018
Phoenix South-3 drilling update 29 June 2018 Carnarvon Petroleum Limited ( Carnarvon ) (ASX:CVN) is pleased to provide the following update on the drilling of the Phoenix South-3 ( PS-3 ). Progress The
More informationSPE. Subsea Power Transfer. - What is the challenge APPLIED TECHNOLOGY WORKSHOP. Technology for for the Next Generation Subsea Systems
Subsea Power Transfer - What is the challenge By Svend Rocke, ABB offshore Systems as SPE 110203Page 1- SPE APPLIED TECHNOLOGY WORKSHOP Technology for for the Next Generation Subsea Systems Oslo February
More informationTechnology Delivery Programme
Technology Delivery Programme April 2017 Contents 1. Foreword 3 2. Executive summary 4 3. Delivery Programme structure 5 4. Element 1: Set priorities 6 4.1 Technology Strategy 6 4.2 TLB and MER UK Forum
More informationUmbilicals and Subsea Power Cables Excellence in Connecting Subsea EWEA
Umbilicals and Subsea Power Cables Excellence in Connecting Subsea EWEA Control and Power Umbilicals The control umbilical consists of hydraulic lines used for transfer of chemicals and fluids. In addition,
More informationFor personal use only
31 October 2011 The Manager, Company Announcements Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 REPORT ON FIRST QUARTER ACTIVITIES 30 SEPTEMBER 2011 AUSTRALIAN
More informationIntervention/Decommissioning
Intervention/Decommissioning By Nicholas Samford Lloyds Register Intervention/Decommissioning SME Working together for a safer world Planning Decommissioning Operations Planning Decommissioning and P&A
More informationINTEGRATED SERVICES AND PRODUCTS ACROSS THE FIELD LIFE CYCLE
INTEGRATED SERVICES AND PRODUCTS ACROSS THE FIELD LIFE CYCLE 4 What we do 6 Why choose us? 7 Service and product capabilities For more than 35 years, we have been providing clients with standalone and
More informationQuad 204 Schiehallion Field Restarting a brownfield subsea development
Quad 204 Deepsea Aberdeen: New 6 th Gen semi dual derrick Quad 204 New FPSO, Glen Lyon: biggest in N hemi-sphere Quad 204 Schiehallion Field Restarting a brownfield subsea development Thomas Harpley, Reservoir
More informationSUBSEA SYSTEM ARCHITECTURE FOR CORAL SOUTH FLNG
Introduction to Eni Our new mission: We are an energy company. We are working to build a future where everyone can access energy resources efficiently and sustainably. Our work is based on passion and
More informationImaging Deep into the Gulf of
Imaging Deep into the Gulf of Houston Houston The Gulf of Mexico as viewed from space. This Mediterranean-type sea is located at the southeastern corner of North America. It covers 1.5 million square kilometers
More informationFor personal use only
Phoenix South-3 drilling update 24 July 2018 Carnarvon Petroleum Limited ( Carnarvon ) (ASX:CVN) is pleased to provide the following update on the drilling of the Phoenix South-3 ( PS-3 ). Progress The
More information3D Oil Limited Accelerated Growth Strategy
3D Oil Limited Level 5, 164 Flinders Lane Melbourne VIC 3000 Tel: +61 3 9650 9866 Fax: +61 3 9639 1960 www.3doil.com.au ASX Release 3 September 2009 3D Oil Limited Accelerated Growth Strategy 3D Oil Limited
More informationCompany Presentation. AGM 29 th November, 2016
Company Presentation AGM 29 th November, 2016 Investment Highlights Diversified Asset Portfolio Philippines with Contingent Oil Resource requires support for 25 year production term 2016 Work Commitment
More informationNew to the Danish area?
New to the Danish area? Nordsøfonden - State Partner June 2017 Exploration potential Potential in the Danish area The Danish part of the North Sea is considered a mature area. Nevertheless, the Danish
More informationA A Well Engineer s s Perspective
Mining Institute of Scotland IOM 3 Petroleum and Drilling Engineering Division Material Challenges for North Sea Oil & Gas Production A A Well Engineer s s Perspective ITF Advanced Materials Workshop Steve
More informationQuarterly Report 31 December 2018
Quarterly Report Quarter Highlights: Noble Tom Prosser rig secured to drill Dorado appraisal wells commencing around April 2019 Significant follow up potential identified following world-class Dorado discovery
More informationSubsea Intervention: Is It Worth It? Drummond Lawson
Subsea Intervention: Is It Worth It? Drummond Lawson 1 Subsea Intervention Is It Worth It? Subsea development timeline Why Intervene? What can you achieve? Intervention methods Intervention drivers What
More informationImplementing FPSO Digital Twins in the Field. David Hartell Premier Oil
Implementing FPSO Digital Twins in the Field David Hartell Premier Oil Digital Twins A Digital Twin consists of several key elements and features: 1. A virtual, dynamic simulation model of an asset; 2.
More informationAddress to the 2018 Annual General Meeting of Cooper Energy Ltd by the Managing Director, David Maxwell 8 November 2018
Address to the 2018 Annual General Meeting of Cooper Energy Ltd by the Managing Director, David Maxwell 8 November 2018 Thank you, Chairman and good morning ladies, and gentlemen. Those of you who have
More informationJACKA REPORTS INITIAL OIL RESERVES FOR AJE FIELD DEVELOPMENT, OFFSHORE NIGERIA
26 August 2014 ASX release JACKA REPORTS INITIAL OIL RESERVES FOR AJE FIELD DEVELOPMENT, OFFSHORE NIGERIA Key Highlights: Independent report confirms 23.4 million barrels of gross 2P oil reserves for the
More informationFor personal use only
Buru Energy Limited ABN 71 130 651 437 Level 2, 88 William Street Perth, Western Australia 6000 Ph: 61-8 9215 1800 Fax: 61-8 9215 1899 www.buruenergy.com ASX ANNOUNCEMENT (ASX: BRU) 19 June 2013 State
More informationPhoenix project drilling update 29 June 2017
Phoenix project drilling update 29 June 2017 Highlights Phoenix South-3 well expected to commence in early 2018, rig contract in final stage of evaluation Phoenix South-2 insurance claim submitted, proceeds
More information16/09/2014. Introduction to Subsea Production Systems. Module structure. 08 Production Control Systems
OIL & GAS Introduction to Subsea Production Systems 08 Production Control Systems September 2014 DNV GL 2013 September 2014 SAFER, SMARTER, GREENER Module structure Section 1 Introduction to control systems
More informationAdvancing Global Deepwater Capabilities
Advancing Global Deepwater Capabilities BP s commitments Determined to accelerate and further deploy the capabilities and practices that enhance safety in our company and the deepwater industry 200+ meetings
More informationWalney Offshore Wind Farm
Walney Offshore Wind Farm Ørsted Welcome to Walney Walney Offshore Wind Farm has been fully operational since 2012 and consists of two stages: Walney 1 and Walney 2. Each of the stages comprises of 51
More informationGALOC PHASE II DEVELOPMENT APPROVED AND RESERVES UPGRADED
11 September 2012 Manager of Company Announcements ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 By E-Lodgement GALOC PHASE II DEVELOPMENT APPROVED AND RESERVES UPGRADED Highlights: Final Investment
More informationWe D Diffraction Imaging in the North Sea, Case Study Over the Dutch Q16 Fields
We D201 03 Diffraction Imaging in the North Sea, Case Study Over the Dutch Q16 Fields R. Veenhof (Oranje-Nassau Energie B.V.), T.J. Moser* (Moser Geophysical Services), I. Sturzu (Z-Terra Inc.), D. Dowell
More informationModel project plan for Borssele (Innovation) Wind Farm Site V
Model project plan for Borssele (Innovation) Wind Farm Site V Tips on how to draft your application: This project plan should be used to give a description of the project for which you are applying for
More informationTHE OFFSHORE PETROLEUM PRODUCTION AND PIPE-LINES (ASSESSMENT OF ENVIRONMENTAL EFFECTS) REGULATIONS 1999 (AS AMENDED) PETROLEUM OPERATIONS NOTICE No.
THE OFFSHORE PETROLEUM PRODUCTION AND PIPE-LINES (ASSESSMENT OF ENVIRONMENTAL EFFECTS) REGULATIONS 1999 (AS AMENDED) PETROLEUM OPERATIONS NOTICE No.16 APPLICATION FOR CONSENT OF A PROJECT UNDER THE PETROLEUM
More information