Cc energy development blocks 3 4 development
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CC Energy Development Blocks 3 & 4 Development. Oman Economic Forum April 23 rd 2012. FARHA SOUTH FIELD. Block 3. SAIWAN EAST FIELD. Block 4. Blocks 3 & 4 History. EPSA for Blocks 3 & 4 signed on February 9, 2003 by Encana .

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CC Energy Development Blocks 3 & 4 Development

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Cc energy development blocks 3 4 development

CC Energy DevelopmentBlocks 3 & 4 Development

Oman Economic Forum

April 23rd 2012


Cc energy development blocks 3 4 development

FARHA SOUTH FIELD

Block 3

SAIWAN EAST FIELD

Block 4


Blocks 3 4 history

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.


Cc energy development blocks 3 4 development

1972-1984

BLOCK 51

BLOCK 6

1983-1986

1985-1990

1991

1992-1994

1999

2001

2005-2007

2009-2012

BLOCK 42

BLOCK 3

BLOCK 4

BLOCK 64

0 50 Km


Cced achievements

CCED Achievements

Built Early Production Facilities to produce oil within 5 months after the green light from MOG.

Prepared and submitted the Field Development Plan to MOG.

Identified further exploration opportunities and initiated a plan to explore


Cc energy development blocks 3 4 development

Early/ Permanent Production Facilities


Cc energy development blocks 3 4 development

Drilling Program

Note: 24 wells were successful out of 30 drilled Exploration/Appraisal/Development producers wells - 80% success


Production figures

Production Figures


Cc energy development blocks 3 4 development

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


Cc energy development blocks 3 4 development

Permanent Production Facilities


Cc energy development blocks 3 4 development

Permanent Production Facilities


Why cced is a success

Why CCED is a Success

  • Team Work

  • Team Empowerment

  • Leadership

  • Skilled People

  • Planning, Planning, Planning

  • Communication

  • Relationship

  • Simultaneous Appraisal and Development


Headcount 2008 2012

Headcount 2008-2012


Cc energy development blocks 3 4 development

Omanization Plan 2008 - 2015

Percent (%)

Year


Employee totals

Employee Totals


Cc energy development blocks 3 4 development

Blocks 3 & 4 Investment

  • Investment 2010 – 2012:

    • Over $ 300 Million USD

  • Planned Investment 2013 – 2017:

    • Over $ 500 Million USD


  • Enhanced oil recovery

    Enhanced Oil Recovery

    • Primary

    • Water Injection as Secondary Recovery – Pilot started.

    • Chemical, Surfactant or Microbial as Tertiary Recovery


    Enhanced oil recovery1

    Enhanced Oil Recovery

    • Vast Extra Heavy Oil Reserves which Requires the Utilization of Thermal Recovery Methods.


    Total new field exploration in the world

    TOTAL NEW FIELD EXPLORATION IN THE WORLD

    $140

    70,000

    63,935

    MAJOR

    INDEPENDENT

    NOCs

    OIL PRICE

    61,943

    6%

    6%

    $120

    60,000

    10%

    10%

    84%

    84%

    $100

    50,000

    35,954

    $80

    40,000

    36,062

    6%

    8%

    $/BARREL IN 2007 USD

    NUMBER OF NEW FIELD WILDCATS DRILLED IN THE WORLD

    7%

    17%

    87%

    $60

    30,000

    24,623

    75%

    22,299

    8%

    10%

    17%

    14%

    $40

    20,000

    75%

    76%

    $20

    10,000

    1992-1996

    1987-1991

    1977-1981

    1982-1986

    2002-2006

    1997-2001

    $0

    0

    Data Source – IHS


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