CCOP Petroleum Policy and Management (PPM) Project
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1 CCOP Petroleum Policy and Management (PPM) Project The Philippine Sulu Sea-East Palawan Basin Case Study Simplicio P. Caluyong Project Coordinator Dissemination Seminar, 12 May 2006, DOE CONTENTS PPM Project Profile The Sulu Sea-East Palawan Basin Case Study Activities Accomplishments
2 PPM Petroleum Policy and Management The Goals of the Project is to enable government organizations responsible for petroleum resource management in the CCOP Member Countries to: 1. Establish a sustainable and efficient national petroleum management and policy, 2. Envisage the mechanism and importance in revising and improving their petroleum management and policy arrangements due to changes in political, economic and market conditions, and 3. Enhance their capacity and capability in petroleum resource management, based upon a realistic assessment of their own petroleum potentials utilizing national data. PPM Petroleum Policy and Management Integrate the acquired knowledge and technology from the previous NORADsupported projects into hands-on experience 4 CASE STUDIES WORKSHOPS AND SEMINARS SOFTWARE / TECHNOLOGY
3 The 4 case studies Frontier Basins Cambodia: Khmer Basin Philippines: Sulu Sea and East Palawan Basins Semi-mature Basin China: Sichuan Basin Mature Basin Indonesia: Kutei Basin Case Studies - The Concept RESOURCE ASSESSMENT 1. Identify all prospects, discoveries and fields 2. Play/prospect assessment; success ratio, creaming curve, quality control 3. Development and operational cost assessment 4. Define minimum economic pool size(s) SYNTHESIS, DISCUSSION AND SCENARIOS Basin Play Prospect Discovery Field FRAMEWORK CONDITIONS 1. Exploration (and development/prod.) strategy 2. Area preparation, promotion strategies 3. Licensing procedures and systems 4. License conditions; regulations 5. Supervisory routines for license activities 6. Fiscal systems 7. Procedures for marginal fields 8. Regulations; the development and production phase
4 PPM Philippines case study Specific Objectives to address the geological uncertainties of the frontier area, evaluate the appropriate incentives to attract companies to explore in such an area and an evaluation of the potential impacts on the Philippine society. Expected Results The results of this project should include an improved understanding and ability of the DOE and the other participating nations to evaluate the potential of this and similar basins. It should include a resource assessment of the Sulu Sea Basin, a view of possible development options, and a discussion of petroleum policy measures. Workshops 1 st - Pasig City & DOE March 13 18, 2003 Overall geology, upstream petroleum activities, contract system, resource assessment update, and GeoX exercise Resource persons- mainly from the DOE 31 Participants from 8 Member Countries
5 Workshops 2nd Manila City January 22-27, 2004 Petroleum play and prospect analysis with exercises using the GeoX tool Resource persons: mainly from the DOE 35 Participants from 9 Member Countries Workshops 3rd WS, Baguio City August 2004 Petroleum economy & Full- cycle analysis using GeoX and natural gas development Resource persons: Norway DOE and other Member countries 36 participants from 9 CCOP Countries
6 Workshops 4th - Manila March 14-19, 2005 Development solutions Incentives for gas utilization Fiscal framework and government strategies Resource persons: Norway, DOE & other Member Countries 35 Participants from 8 countries Workshops 5th Cebu City March 14-18, 2006 Exploration strategies and attracting investments for exploration in the frontier basin Resource persons: Norway DOE & other Member Countries 31 Participants from 9 CCOP Countries
7 Expert Visits to the Philippines 1 st visit May Dr. Alfred Kjemperud, Norway Petroleum economy with Geox exercise 2 nd visit Sept 04 Ms. Supaporn Pisutha-arnond, PTTEP, Thailand Petroleum Geochemistry and Source Rock Characterization Expert Visits to the Philippines 3rd visit January 05 Mr Robert Wong and Mr Othman Ali Mahmud, PETRONAS, Malaysia Sequence stratigraphic analysis 4 th visit 24 November 05 Dr. Allen Beasley, ASCOPE Gas Centre, Malaysia Natural Gas Management- the role of the Government
8 Expert Visits to the Philippines 5 th visit Feb 06 Jan Bygdevoll, NPD Reservoir management- role of the Government Thank You
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