CC ENERGY DEVELOPMENT
BLOCKS 3 & 4 DEVELOPMENT
OMAN ECONOMIC FORUM
APRIL 23RD 2012
FARHA SOUTH
FIELD
Block 3
SAIWAN EAST
FIELD
Block 4
2
BLOCKS 3 & 4 HISTORY
• EPSA FOR BLOCKS 3 & 4 SIGNED ON FEBRUARY 9,
2003 BY ENCANA.
• CCED TOOK OVER 50% OF THE ASSET FROM ENCANA
IN NOVEMBER 2007.
• EXPLORATION COMMENCED IN 2009.
3
1972-1984
BLOCK 51
BLOCK 6
1983-1986
1985-1990
1991
1992-1994
1999
2001
2005-2007
BLOCK 42
BLOCK 3
BLOCK 4
BLOCK 64
0
50 Km
2009-2012
CCED ACHIEVEMENTS
1. BUILT EARLY PRODUCTION FACILITIES TO PRODUCE OIL
WITHIN 5 MONTHS AFTER THE GREEN LIGHT FROM
MOG.
2. PREPARED AND SUBMITTED THE FIELD DEVELOPMENT
PLAN TO MOG.
3. IDENTIFIED FURTHER EXPLORATION OPPORTUNITIES
AND INITIATED A PLAN TO EXPLORE
5
OIL PROCESSING & MOVEMENT
EARLY/
ALAM METERING
Abandoned
Alam Station
STATION
8”
16”
(16 Km)
8” PDO
PERMANENT
PRODUCTION
FACILITIES
Early
Production
Facility
FARHA
FUTURE
QARN ALAM METERING
STATION
QA PDO
Station
SAIWAN PF
EXISTING
NEW
FUTURE
SAIWAN WIF
2
6
DRILLING PROGRAM
WELLS DRILL AS OF FEBRUARY 2012
FURTHER WELLS TO BE DRILLED
PRODUCER
INJECTOR
WATER
SOURCE
DRYHOLE
PRODUCER
INJECTOR
WATER
SOURCE
BLOCK 3
24
5
1
3
31
20
10
BLOCK 4
6
0
0
3
2
0
0
TOTAL
30
5
1
6
33
20
10
NOTE: 24 WELLS WERE SUCCESSFUL OUT OF 30 DRILLED
EXPLORATION/APPRAISAL/DEVELOPMENT PRODUCERS WELLS - 80% SUCCESS
7
PRODUCTION FIGURES
CCED OMAN
MONTHLY OIL PRODUCTION
400,000.00
380,000.00
360,000.00
340,000.00
377,946.85
327,323.01
315,004.66
320,000.00
300,000.00
280,000.00
254,972.96
260,000.00
M
M
B
O
240,000.00
215,924.17
220,000.00
195681.17
191,862.11
200,000.00
180,000.00
151,966.82
160,000.00
131,692.23
140,000.00
120,000.00
104,396.39
100,000.00
80,500.63
80,000.00
60,000.00
44,784.62
36,693.74
40,000.00
32,943.75
28,283.13
20,000.00
22,588.05
15,865.
13,741.36
Aug-10
Sep-10
13,949.93
21,006.01
0.00
Jul-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
2011
2010
Farha
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
2012
Saiwan
8
CRUDE OIL TRUCKING OPERATION
 OVER 7,000,000 KM DRIVEN (CRUDE HAULAGE) WITH ONLY ONE RTA.
 OPERATION STARTED WITH FOUR (4) TANKERS AND INCREASED TO THIRTY
ONE (31).
 HIGHEST DAILY VOLUME TRANSPORTED; 14,498 BARRELS.
 HIGHEST DAILY NUMBER OF TANKERS OFFLOADED IN ALAM IS 63.
 HIGHEST MONTHLY VOLUME TRANSPORTED; MARCH 2012 MTD
377,947 BARRELS.
 HIGHEST MONTHLY KM DRIVEN FEBRUARY 2012 MTD 542,174 KM.
9
9
PERMANENT PRODUCTION FACILITIES
10
PERMANENT PRODUCTION FACILITIES
11
WHY CCED IS A SUCCESS
1.
2.
3.
4.
5.
6.
7.
8.
TEAM WORK
TEAM EMPOWERMENT
LEADERSHIP
SKILLED PEOPLE
PLANNING, PLANNING, PLANNING
COMMUNICATION
RELATIONSHIP
SIMULTANEOUS APPRAISAL AND DEVELOPMENT
12
HEADCOUNT 2008-2012
160
140
120
100
Locals
80
Expats
60
40
20
0
2008
2009
2010
2011
Apr-12
13
OMANIZATION PLAN 2008 - 2015
90
80
70
PERCENT (%)
60
50
Local %
Expat %
40
30
20
10
0
2008
2009
2010
2011
2012
2013
2014
2015
YEAR
14
EMPLOYEE TOTALS
Description
OMANI NATIONALS CURRENTLY
WORKING IN CCED
EXPATS CURRENTLY WORKING IN CCED
OMANIZATION %
OMANI NATIONALS TO BE RECRUITED
2012
EXPATS TO BE RECRUITED IN 2012
Number of Employees
as of 21st April 2012
141 (52 Muscat + 89 Field)
67
68%
46
Operators & Technicians
19
Managers/Technical
15
BLOCKS 3 & 4 INVESTMENT
INVESTMENT 2010 – 2012:
OVER $ 300 MILLION USD
PLANNED INVESTMENT 2013 – 2017:
OVER $ 500 MILLION USD
16
ENHANCED OIL RECOVERY
1.
PRIMARY
2.
WATER INJECTION AS
SECONDARY RECOVERY – PILOT
STARTED.
3.
CHEMICAL, SURFACTANT OR
MICROBIAL AS TERTIARY
RECOVERY
17
ENHANCED OIL RECOVERY
4.
VAST EXTRA HEAVY OIL
RESERVES WHICH REQUIRES
THE UTILIZATION OF
THERMAL RECOVERY
METHODS.
18
TOTAL NEW FIELD EXPLORATION
IN THE WORLD
$140
70,000
$120
6%
10%
$/BARREL IN 2007 USD
$100
84%
MAJOR
INDEPENDENT
6%
NOCs
10%
OIL PRICE
84%
50,000
$80
35,954
6%
7%
87%
36,062
8%
17%
$60
60,000
75%
24,623
8%
17%
$40
75%
22,299
10%
14%
40,000
30,000
20,000
76%
$20
NUMBER OF NEW FIELD WILDCATS DRILLED IN THE WORLD
61,943
63,935
10,000
$0
0
1977-1981
1982-1986
1987-1991
1992-1996
1997-2001
2002-2006
Data Source – IHS
19