Professional Documents
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ENERGY
Safety Moment
Company Profile
Shazreena
TIMBUNAN
ENERGY
Team Leader
Shazreena
Nur Syuhada
Khairul Haziq
Faisal
Petrophysics Department
Reservoir Department
Drilling Department
Shazreena
Muhsin
Faisal
Nur Syuhada
Production Department
Facilities Department
Economic Department
HS&E Department
MISSION
To deliver the safest, most economical and reliable engineering solutions in developing Gelama Merah
field to its maximum extent.
To provide the team members a steady platform for a knowledgeable, creative and competitive working
environment.
VISION
Delivering Solutions
Presentation Outline
Geology &
Geoscience
5
Introduction
Gelama
Merah
Source : http://www.offshoreenergytoday.com
Reservoir Geology
Formation Unit
U3.2
U4.0
U5.0
U6.0
U7.0
U8.0
U9.0
U9.1
U9.2
Fluid Type
gas
gas
gas
gas
gas
gas
oil
oil
oil
275000
276000
277000
278000
1300
279000
280000
1329.7
1400
1495.3
1500
Depth (m)
1600
1700
1800
1900
LAST TO BE
DEPOSITED
2000
DEPOSITED LATER,
UPLIFTED,EROSION OCCURS
CAUSING UNCOMFORMITY
Length (m)
DEPOSITED
FIRST
Terrigeneous
organic matter
mainly from
stage IVA, IVC
and IVD
Anticlinal features,
stratigraphic traps,
unconformity
trapping
mechanisms
Depositional Environment
Shale
Fining up
sandstone
Silt/fine
sand
10
Volumetric Calculation
Area VS Depth
0
1150
1200
1250
top
bottom
1300
goc
1350
woc
1400
sp
1450
1500
1550
1600
Conclusion
ZONE OF INTEREST
DEPOSITIONAL ENVIRONMENT
Deltaic environment
SOURCE ROCK
RESERVOIR ROCK
STOOIP
215 MM STB
GIIP
71.4 B SCF
12
Petrophysics
13
Log Interpretation
Hydrocarbon Zone of Gelama Merah 1
ga
Gas zone
(1413m-1495m)
Oil zone
(1495m-1535m)
Water zone
(1535m-1575m)
Log Interpretation
Hydrocarbon Zone of Gelama Merah ST1
Gas zone
(1591m-1663m)
Oil zone
(1666m-1717m)
Water zone
(1718m-17623m)
GOC = 4904.86 ft
oil gradient =0.375
psia/ft
water gradient =0.413
psia/ft
WOC = 5037.07 ft
Depth (ft)
Sensitivity Analysis
Gelama Merah
Porosity cut of
pb
Vshale cut of
GR log
Net To Gross
(NTG)
U3.2
0.10
2.48
0.30
65.95
0.000
U4.0
0.18
2.48
0.50
88.50
1.0000
U5.0
0.19
2.33
0.50
88.50
0.9565
U6.0
0.19
2.33
0.50
88.50
1.0000
U7.0
0.19
2.33
0.50
88.50
0.8131
U8.0
0.19
2.50
0.50
88.50
1.0000
U9.0
0.10
2.48
0.50
88.50
1.0000
U9.1
0.19
2.33
0.40
77..22
0.9674
U9.2
0.19
2.33
0.30
65.95
0.6386
Gelama Merah
pb
GR log
Net To Gross
ST1
Sandstone
Limestone
(NTG)
U9.0
0.01
2.62
0.20
75.06
0.97
U9.1
0.10
2.48
0.30
79.80
0.53
U9.2
0.10
2.48
0.30
79.80
0.80
Sandstone
Conclusion
Porosity
Porosity
Porosity
Porosity
Sw (min)
Sw (ML)
Sw (max)
Sw (average)
(min)
(ML)
(max)
(average)
0.1539
0.2262
0.2913
0.1993
0.2130
0.3068
0.4000
0.3228
0.1588
0.2948
0.4307
0.2899
0.0173
0.1635
0.3097
0.1226
0.1407
0.2801
0.4193
0.2855
0.0250
0.2222
0.4194
0.1329
0.1887
0.3121
0.4355
0.3255
0.0250
0.1242
0.2234
0.0931
0.1412
0.2902
0.4391
0.2230
0.0358
0.1988
0.3619
0.2198
0.1304
0.3254
0.5204
0.3308
0.0121
0.2057
0.3993
0.1302
0.1096
0.3185
0.5275
0.3424
0.0117
0.2204
0.4292
0.0823
0.1390
0.2663
0.3935
0.2821
0.0436
0.1957
0.3478
0.1012
0.1066
0.2090
0.3113
0.2186
0.0823
0.3185
0.5548
0.3149
18
Reservoir
Engineering
19
2116 psia
115 F
2014 psig
i
Oil Density
P > Pb
1.169
bbl/stb
336 scf/stb
0.828 g/cc
Undersaturated Oil
Reservoir
Component
Mole %
N2
2.43
CO2
0.94
C1
26.50
C2
2.63
C3
0.45
i-C4
0.15
n-C4
0.22
i-C5
0.13
n-C5
0.13
C6
0.43
C7
2.95
C8
4.18
C9
2.90
C10
4.48
C11+
51.49
Total
100.00
Gas Condensate
20
Depth ft
MDT Pressure
Plot
Datum:
4971 ft
@
1515.3
m
Pressure psia
21
Gas
Gas
0.829 g/cc
0.83
39.71
1.35 cp
7.225E-06 psi-1
1.1678 bbl/stb
factor
Solution
Density
Specific gravity
Viscosity
Compressibility
Formation volume
336 scf/stb
6.82 lb/ft3
0.65
0.18 cp
6.58E-4 psi-1
7.438E-3
factor
Solution Gas/Oil
Gas/Oil
Water
Water
336 scf/stb
Water formation
1.0138
volume factor
Gas solubility in
20.2327
water
Water
2.99556E-
compressibility
Water viscosity
06
0.4434
Ratio
Ratio
Properties
Porosity
Permeability, md
Sw, fraction VP
Compressibility,
Minimum
0.182
81.7
0.1027
3.36 X 10-6
Most Likely
0.352
140
0.4353
4.69 X 10-6
Maximum
0.394
1170
0.7679
7.5 X 10-6
Skin factor
-2.1
1/psi
22
Drainage radius
Possible well placement
Number of well
Bubble map
18 possible
wells
Creaming curve
8 wells
Creaming curve
40
30
Cumulative Production (MMSTB)
20
10
0
6 10 14 18
0 4 8 12 16
Number of well
8 production
wells location
A
8
29.7
208
1516
B
8
30.5
206
1530
STRATEGY 2
C
8
28.9
211
1536
3 injection wells
location
Option
No. of producing
A
8
B
8
C
8
well
No. of injection
52.2
285
50.7
289
47.3
264
well
FOPT MMstb
FGPT MMMscf
Sensitivity Analysis
3 different scenarios
CASE 1
CASE 2
CASE 3
No of production well
No of injection well
Drainage radius
745
745
745
Type of Injection
water
water
gas
FOPT (MMSTB)
51.6
52.9
52.2
3000
3000
3000
FGPT (MMMscf)
24.3
28.3
28.5
10
14
13
Recovery factor %
24
25
25
SCENARIO
Production
Forecast
Pressure profile
25
Drive Mechanism
Rock & Liquid Expansion
Pressure profile
Water
Drive
Combination Drive
Water production
Production profile
Gravity
Drainage
26
Reservoir Simulation
Static
Static Model
Model
Dynamic
Dynamic Model
Model
Number of
cell
Grid Block
Size
NX : 66
1000
NY : 58
1000
NZ : 1
Simulator: Eclipse
100
50
27
Conclusion
Optimum well: 8 production well, 3 injection
well
Recovery factor: 25%
Oil estimated recoverable: 5.29E+07 STB
Water injection at 3rd year of production life
EOR may needed to enhance production
28
Drilling
Engineering
29
Rig Selection
Jack-up is recommended because it can operate at shallow depth since Gelama merah
water depth is 42.8 m and has lower cost than other rigs.
Rig type
Depth
Cost (USD)
Semisubmersible
Jack-up
Drillship
Up to 3000 m
(Deep water)
Up to 150 m
(shallow and
moderate )
610-3,048 m
(Deep water)
200000
180000
237,900
420,324
15 P2
P4
P3
-25
P8
-20
-15
P6
-10
-5
10
5
I1
0
0
-5
P7
10
P5
15
20
I2
-10
-15
I1
P3
P1
P2
P4
P5
-20
-25P6
P7
P8
I1
I2
I3
Well Trajectory
Maximu
Build Up
m
Measure
Rate, Degree
Depth, ft
/100ft Inclinati
on,
Well
Horizont
al
TVD, ft
Distance
, ft
Kickoff
Point, ft
P1
4,971.00 3,158.46
600.00
2.00
44.68
P2
4,971.00 2,938.19
P3
(Centre) 4,971.00
0.00
600.00
2.00
41.90
0.00
0.00
0.00
P4
4,971.00 2,855.41
600.00
2.00
40.83
P5
4,971.00 4,803.04
600.00
2.00
60.72
P6
4,971.00 3,073.81
600.00
2.00
43.63
P7
4,971.00 5,292.37
600.00
2.00
64.00
P8
4,971.00 5,346.47
600.00
2.00
64.33
I1
4,971.00 1,402.28
600.00
2.00
19.93
I2
4,971.00 2,328.00
600.00
2.00
33.58
I3
4,971.00 4,514.80
600.00
2.00
58.50
Shape
6,148.73 L-Shape
5,997.66 L-Shape
4,971.00
Vertical
5,942.94 L-Shape
7,464.71 L-Shape
6,089.76 L-Shape
7,898.35 L-Shape
7,947.05 L-Shape
5,207.32 L-Shape
5,623.85 L-Shape
7,216.02 L-Shape
0.00
0.00
500.00
1000.00
Full gas at 17 1/2''
1500.00
2000.00
2500.00
Depth (ft)
3000.00
Fracture
Pressure
(psi)
Kick
Margin
(psi)
3500.00
Kick Tolerance 50 bbl
4000.00
4500.00
5000.00
5500.00
Trip
Margin
(psi)
Pressure (psi)
OD (in)
Conductor
26
Casing
Setting
Depth
(ft)
600
Surface
20
1500
Intermediate
13 3/8
2600
Production
9 5/8
4971
Type of casing
Grade
OD, in
ID, in
Hole Size, in
Nominal Weight
Thickness
Burst Burst Pressure
Design Factor
Collaps
Collapse
e
Pressure
Design Factor
Tensile
tensile
Design Factor
Joint
Joint Strength
Pressure
Tensile
1.3
Burst
1.1
Collapse
1.0
Surface
K-55
20.00
18.28
24.00
169.00
0.81
1953.88
1.78
Intermediate
N-80
13.38
12.33
17.50
72.00
0.51
2690.09
1.52
Production
N-80
9.625
8.25
12.25
43.50
0.44
3163.64
1.15
2500.00
2670.00
3810.00
2.02
797989.62
1.76
STC
1402000.00
1.62
408916.03
2.54
STC
1040000.00
1.06
247053.44
3.34
LTC
825000.00
Cementing Selection
Type of Cement: Class G, 2% cement
Type of Additives: Bentonite
Surface Casing
Surface
No of sacks of
cement, Nc
22145.44
No sacks of
additives, Na
442.91
Total Weight of
Additive
Required, Wa
(lb)
41633.43
Total Volume of
Water
Required, Vw
(gal)
2066.01
Excess Volume
Surface
30%
Intermediate
10%
Production
10%
Intermediate
Production
16907.94
18449.65
338.16
368.99
31786.93
34685.34
20506.04
22375.83
Grade
OD
ID
Min. Tensile
Min. Yield
Collapse Pressure
WOB
Length DP
Length DC
BF
Desired MOP
Margin Of Overpull,
MOP
Total Load
Tensile Strenght DP
Unit
Surface
Intermediate Production
G105
G105
S135
in
5.00
5.00
5.00
in
4.28
4.28
4.28
psi
115000.00 115000.00 145000.00
psi
105000.00 105000.00 135000.00
psi
701.26
1283.05
2582.20
lb
11023.10
24250.82
50706.26
ft
1400.00
2440.00
4681.00
ft
60.00
120.00
250.00
dimensionle
ss
0.86
0.85
0.85
lb
100000.00 100000.00 100000.00
lb
lb
lb
525016.80
55229.84
603411.96
Design Factor
dimensionle
Static Tension DF
ss
54.74
dimensionle
Dynamic Tension DF
ss
10.93
dimensionle
500073.10
80173.53
295130.63
382582.59
606224.27
132259.36
24.88
15.00
7.53
5.75
Casing OD
(in)
Bit
Diameter
(in)
Bit Type
Conductor
26
Piling
Piling
24
Milled Tooth
Bit
17 1/2
Milled Tooth
Bit
12 1/4
Milled Tooth
Bit
Surface
20
Intermediate
13 3/8
Production
9 5/8
Mud weight
(ppg)
Casing
Mud Base
0 600
Conductor
Piling
600 1500
Surface
Seawater + Hi
Vis Sweeps
1500 2600
9.5
Intermediate
Potassium
Chloride, KCL
2600 4971
10
Production
Potassium
Chloride, KCL
Well Control
Blowout Preventer (BOP) is used to seal the annular space between the
surface and hole when there is a pressure kick inside the wellbore.
The minimum requirement for the BOP system must meet the
specification of API RP 53.
The requirement for BOP used is a diverter system, annular preventer, an
8 spool equipped with full remote control valves, a pipe ram and a blind
ram.
Type of
Depth, ft
Maximum
Gas
Pressure
Casing
Reservoir Hydrostat rating, psi
Pressure,
ic
psi
Pressure,
psi
Conductor
600
300
30
3000
Surface
1500
680
68
3000
Intermediat
e
2600
1220
122
3000
Production
4971
2270
227
3000
Time-Depth Chart
Depth (m)
Rig Move
&
0.00
Position
Drill 24'' hole
500.00
1000.00
5.00
10.00
15.00
20.00
25.00
Depth vs Days
(Gelama Merah Well)
30.00
35.00
40.00
Tangible
1.045
Intangible
2.512
Contracted
8.503
Allocations
2.074
16.263
Conclusion
Rig Selection: Jack-up rig
Cost Estimation : 1 Well = USD 16.26 Million
Surface
Intermediate
Production
Casing
K-55
N-80
N-80
Selection
Cementing
(sacks)
24158.66
18445.02
15617.44
Drill String
G-105
G-105
S-135
Selection
Drill Bit
Milled Tooth Bit Milled Tooth Bit Milled Tooth Bit
Selection
Drilling Fluid Seawater + Hi
Potassium
Potassium
Selection
Vis Sweeps
Chloride, KCL
Chloride, KCL
Production
Technology
44
IPR
Pr = 2151
psi
2500
2500
2000
2000
1500
1500
Qmax= 4134
bopd
Pb
= 2087
500
psi
2000
3000
4000
1500
Pwf (psia)
1000
500
0
500 1000 1500 2000 2500 3000 3500 4000 4500
Flowrate (bbl/d)
2000
1520
0
Flowrate (bbl/d)
1600
5000
2500
2100
1800
500
1000
PRESENT
2000
Pmin = 1500
psi
PRESEN
T
2100
psia
2000
psia
1800
psia
1600
psia
1520
psia
1500
1000
500
0
2.6 2.8 3 3.2 3.4 3.6 3.8 4 4.2 4.4 4.6
Tubing size (inch)
45
INCREASING
1500
GLR
Pwf (psia) 1000
500
0
0
2000
4000
6000
Flowrate (bbl/d)
PRESEN
T
2100
2000
1800
1600
1520
GLR
200
GLR
400
2500
Flowrate (bbl/d)
2500
2000
1500
Pwf (psia) 1000
500
0
0
Flowrate (bbl/d)
PRESENT
2100
2000
1800
1600
1520
150 psia
250 psia
350 psia
390 psia
PRESEN
T
2100
2000
1800
1600
1520
GLR
200
GLR
400
Flowrate (bbl/d)
PRESE
NT
2100
2000
1800
1600
1520
150
psia
46
Gas lift
valve
4.5
production
tubing
Packer
Slotted Liner
Completion Fluid
Brine with NaCl (8.5-9.5 ppg)
Packer Fluid
Brine with NaCl minimize clay swelling,
assist in lowering corrosion rate
Perforation
Not applicable open hole completion
Artificial Lift Selection Gas Lift
Low initial reservoir pressure 2151 psi, need
artificial lift to maintain desired production
rate
Gas lift is chosen because Gelama Merah has
high GOR and a steady amount of gas for
reinjection
Cost effective and easy installation
47
Material Selection
CO2 = 2 %/100
= 2151 0/100
= 0 psia
CO2 (mole)
Pressure (psi)
1753
Temperature (degree F)
155
CO2 (psi)
H2S (psi)
13
Cr
48
No signs of deposition
asphaltene
Apply asphaltene inhibitor
WAX
DEPOSITION
CORROSION
ASPHALTEN
E
SCALE
FORMATION
of
Facility
Engineering
50
Mol%
Mole
Molecula
fraction,
r wt ,Mi
Yi
Yoi
GPM
N2
2.85
0.0285
44.01
0.82
0.48
CO2
7.39
0.0739
28.01
0.81
0.81
C1
80.52
0.8052
16.04
0.00
C2
0.08
30.06
0.36
2.11
C3
0.78
0.0078
44.1
0.51
0.21
I-C4
0.16
0.0016
58.12
0.56
0.05
N-C4
0.18
0.0018
58.12
0.58
0.06
I-C5
0.05
0.0005
72.15
0.63
0.02
N-C5
0.04
0.0004
72.15
0.63
0.01
C6
0.02
0.0002
86.17
0.66
0.01
C7
0.01
0.0001
185
0.69
0.01
H2S
Total
100
3.77
51
52
Platform Selection
Consideration
Water depth
Cost
Sea condition and
environment
Lifespan
Stability
Steel Jacket
Platform
FPSO
Shallow
Concrete
Gravity Base
Structure
Platform
Medium
Low
Moderate
high
Good
Good
Moderate
>20 years
>20 years
<20 years
Good
Good
Moderate
deep
53
Platform Layout
Drilling rig
Crane
Flare
Helideck
Power
generati
on
Quarters
Top side
Top deck
Bottom deck
Jacket
54
Option 2
Option 3
55
56
Conclusion
57
Economics
58
Economic Assumption
Terms
Value
Oil Price
USD 48/bbl
Gas Price
USD 2.5/MMbtu
Base year
2016
Price Increment
Company Policies
Terms
Value
Above 15%
Payback Period
Project Costs
Option 1
CAPEX
(USD
Million)
Based of
MOD
(5%
escalation )
OPEX
(USD
Million)
Option
2
Option
3
Fixed Structure
142.49
142.49
350.49
198.16
285.6
197.35
(Well)
15.87
17.45
17.45
Intangible
356.52
445.54
565.29
17.8
22.28
28.26
Total Cost
5 % fixed of Total
CAPEX
Economic Model
Terms
Royalty
Taxes
Research Cess
0.5% of Profit
Export Duty
10% of Profit
Supplementary Payment
TCS=1495.85 Mil
NCF
CNCF
Million USD
Year
MCO=-373.02 Mil
NCF
CNCF
Million USD
Year
MCO=-466.51 Mil
NCF
CNCF
Million USD
Year
MCO=-592.22 Mil
$1,800.00
$1,600.00
$1,400.00
$1,200.00
Option 1:
367.80 Million
$1,000.00
Option 2:
335.12 Million
Option 3:
220.29 Million
Option 1
Option 2
$800.00
NPV Million
$600.00
Option 3
$400.00
$200.00
$0.00
0
-$200.00
10
20
Optio
n 1:
30
23%40
Option
2: 20%
50
-$400.00
Percentage %
60
70
Option 3: 15%
80
90
100
Option 1
Option 2
Option 3
NPV
(USD
Million)
367.80
335.12
220.29
IRR
(%)
23
20
15
Payback
period
(years)
6.5
7.5
PIR
4.01
3.43
2.45
Sensitivity Analysis
The Oil price, oil production and CAPEX are the most sensitive and
any changes on these parameters will affect the sensitivity of
project.
Spider Plot For NPV Option 1
450
Oil Production
400
Oil Price
NPV (million)
Price Increment
350
OPEX
CAPEX
300
Gas Production
-15%
250
0%
Percentage change
15%
Gas Price
Sensitivity Analysis
The CAPEX, oil price, and oil production are the most sensitive and
any changes on these parameters will affect the sensitivity of
project.
Spider Plot For IRR Option 1
30
Oil Production
Oil Price
25
Price Increment
OPEX
20
CAPEX
Gas Production
-15%
15
0%
Percentage change (%)
15%
Gas Price
Sensitivity Analysis
The oil price, oil production and CAPEX are the most sensitive and
any changes on these parameters will affect the sensitivity of
project.
Tornado Diagram For NPV Option 1
Oil Production
Oil Price
CAPEX
-15
Gas Price
15
Gas Production
Price Increment
OPEX
250
300
350
NPV (million)
400
450
Sensitivity Analysis
The CAPEX, oil price, and oil production are the most sensitive and
any changes on these parameters will affect the sensitivity of
project.
Tornado Diagram For IRR Option 1
CAPEX
Oil Production
Oil Price
-15
15
Gas Price
Gas Production
Price Increment
19
20
21
22
23
Percentage (%)
24
25
26
27
Personnel
welfare
Workplace
safety
Environmen
tal concerns
Environmental
Quality Act 1974
HSE
Legislation
s
Occupational
Safety and
Health Act
1994
HSE
Regulatio
ns
OSHA
1994
International
Organisation
for
Standards
(ISO)
HSE
Standards
Petroleum(Safety
Measure Act) 1984
International
Electrotechnical
Commission (IEC)
The American
Petroleum
Institute (API)
Exploration gravimetric
Surveying seismic
Development and
Production
rig movement
Exploration rig building
Drilling
Appraisal
Plan
Practic
e
Adjust
Evalua
te
Evacuation Route
Documented
statistics
KPI on safety
performance
Conclusion
Timbunan Energy has put all aspects of company parts as crucial
aspects for health and safety environment
We believe that HSE plays an important roles for a success
exploration and production of oil and gas
With that, we know a safe and healthy environment is a key for
optimum production and low risk in our business to ensure our
goals achieved.
Overall Conclusion
Total oil production = 51.6 MM STB in 20 years with 24%
RF
NPV = 367.8 million USD
THANK YOU
Q&A SESSION
80