New Petroleum Opportunity in the next bidding round blocks

New Petroleum Opportunity in the next bidding round blocks
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
Area of the study
Northeastern Thailand
The Gulf of Thailand – GOT
The North‐Central onshore basins
Conclusions
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
Expenditure on Primary Energy Import:
GDP at current Prices (Graph) (source: EPPO)
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
Area of the Study
Thailand Concession Map as of May 24, 2011
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
st
Coming Shortly, the 21 Bidding Round Map
The Pre‐Khorat play in the Northeastern Thailand
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)
NE Thailand
(Source: DMF, 2008)
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
Major Tectonic Events
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.
The Pre‐Khorat play in the Northeastern Thailand
L17/50
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
NE Prospect Area: L11/50
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
Petroleum Assessment Project
NE Prospect Area: L11/50
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
(Source: DMF, 2008)
Permian Carbonate reservoir, NE Thailand
(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
Petroleum Assessment Project:L25/50
Petroleum Assessment of Non Sung
1 m3 = 6.289 BBL
Recoverable
Mean
1 MMCF (gas) = 174.4 BBL (Oil)
Min.
Max.
Mean
(Cuf)
Resources
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
Petroleum Assessment Project:L24/50
Top PermianCarboniferous
Rock
Top Si That
Petroleum Assessment Project:L24/50
The Gulf of Thailand ‐‐ GOT
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
The Gulf of Thailand ‐‐ GOT
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
The Gulf of Thailand ‐‐ GOT
Oil Field Vicinity Area
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
The Gulf of Thailand ‐‐ GOT
Western Kra-Kra-Eastern Kra Basins
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
The Gulf of Thailand ‐‐ 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
The Gulf of Thailand ‐‐ 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
North‐Central
26-27 May 2011, The 4th Petroleum Forum : Approaching to the 21st Petroleum Concession Bidding Round
North‐Central
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