NewPetroleumOpportunity inthenextbiddingroundblocks

Tananchai Mahattanachai Senior Professional Geologist Department of Mineral Fuels, Ministry of Energy

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

Introduction

Outlines
1. 2. 3. 4. 5. 6. Introduction Areaofthestudy NortheasternThailand TheGulfofThailand GOT TheNorthCentralonshorebasins Conclusions

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

ExpenditureonPrimaryEnergyImport: GDPatcurrentPrices(Graph)(source:EPPO)

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

AreaoftheStudy

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

Thailand Concession Map as of May 24, 2011

st Bidding Round Map Coming Shortly, the 21

ThePreKhoratplayintheNortheasternThailand
Complexity of the NE structure challenged enthusiastic explorers to concentrate on the Permian carbonate reservoir which happened to be only one petroleum play ,proved for commerciality in the NE Thailand.

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

(Source:DMF,2008)

NEThailand

(Source: DMF, 2008)

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

MajorTectonicEvents

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

NE Available Blocks

L17/50
L17/50

300 msec.

ThePreKhoratplayintheNortheasternThailand
L17/50

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

NEProspectArea:L11/50

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

Petroleum Assessment Project

NEProspectArea:L11/50

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

(Source:DMF,2008)

PermianCarbonatereservoir,NEThailand

(Source: DMF, 2008)

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

Petroleum Assessment Project

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

Prototype of an Analogy Set

PetroleumAssessmentProject:L25/50

Petroleum Assessment of Non Sung

1m3 =6.289BBL Recoverable Mean 1MMCF(gas)=174.4BBL(Oil)

Resources

Min.

Max.

Mean (Cuf)

0.03 0.08 0.24 TC

Min. (Cuf) Max (Cuf)

Non Sung

3.19

0.75

6.72

112.607

26.475

237.216

Non Sung Kwa

6.26

1.90

12.23

220.978

67.07

431.719

PetroleumAssessmentProject:L24/50

Top PermianCarboniferous Rock

Top Si That

PetroleumAssessmentProject:L24/50

TheGulfofThailand GOT

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

TheGulfofThailand GOT

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

TheGulfofThailand GOT

Oil Field Vicinity Area

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

TheGulfofThailand GOT
Western Kra-Kra-Eastern Kra Basins

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

TheGulfofThailand GOT

Low CO2 Marginal Gas Field and upside from Strat. Trap

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

TheGulfofThailand Optimization
1. Stimulating Reservoir, including Fracturing 2. Completing additional zones, 3. Installing artificial lift 4. Updating Reservoir Modeling and Management Plan 5. Cost Reduction 6. Etc.

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

NorthCentral

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

NorthCentral

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

Conclusions
1. understanding the dynamic of petroleum system and geological risk identification are still keys to success in the NE region of Thailand. 2. Usage of the NE analogy set as prototype for input parameters in unexplored areas allows petroleum potential of the areas to be determined. 3. In the Gulf of Thailand and the North-Central Area, key to success is to integrate EOR technologies and put more effort through geological concept. 4. Regional study of each petroleum province will be able to allow synergic strategy for developing brown field and it possibly bring marginal field to live. 26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round

End

26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round