Iranian Oil and Gas Upstream Industry; Capabilities and Capacities

Transcription

1 The Introduction of New Iran Petroleum Contracts IPC Tehran 2015 Iranian Oil and Gas Upstream Industry; Capabilities and Capacities By: Mohammad Iravani Chairman of the Board of Oil and gas Drilling Assembly Companies in Iran November Tehran

2 Iran s Qanat Kariz is the first long horizontal drilling operation in the world

3 First Discovery of Oil in Iran Islamic Revolution First Offshore Drilling by an Iranian Company Well Service by private companies ~ ~2000 Iran Oil Industry Nationalization Various Exploration and Development Operation by NIOC and its affiliates Geophysical Services by private companies

4 Exploration Development Production Exploration Drilling Geophysical Services Well Logging Reservoir Studies Development Drilling Surface facilities Well Services Petroleum Product Trading

5 Bibi-Hakimeh Geophysical service South-Pars Development SIMOPS operation in SPD 15 Deepwater Drilling in Caspian Sea

6 Field Development Companies Services Providers EPC & GC Subsurface Consultant Co. Surface Facilities Consultant CO. Vendors and Suppliers 100% 75% 50% 25% 0% November Tehran

7 Full coverage of seismic and non-seismic geophysical studies (2D & 3D acquisition, processing, & interpretation, onshore & offshore) Discovering new hydrocarbon fields besides preparation of updated field development plans Provide O & G industry with international-level geophysical services Presence in international markets in competition with prominent European and American corporations

8 LOGGING PERFORATION CEMENTING ACIDIZING DD & DH TOOLS WELL TESTING International Co. Local Co.

9 Number KM drilled TEHRAN SUMMIT THE INTRODUCTION OF NEW IRAN PETROLEUM CONTRACTS - IPC Gov. Drilled Wells Gov. Rig Count Gov. Drilled Meterage Total Drilled Wells Total Rig Count Total Drilled Meterage

10

11 % % %79 1 1

12 ~ 2700 new wells planned. ~ 140 rigs/year required Avg. Rig Count Avg. Drilled W. Past 4 Y. Future 5 Y.

13 Field Development Companies Service providers Subsurface consultancies Surface facilities consultancies EPC & GC Vendors and suppliers November Tehran time

14 28-29 November Tehran

15 Exploitations of Tight Carbonates Heavy Oil Drilling Solutions More than 60 MMbbl of recoverable oil Horizontal and Multi lateral wells. Abrasive solids and corrosive gasses content Drilling technology challenges range from wellbore stability in shallow unconsolidated sands to high dogleg

16 Deepwater reservoirs High Pressure, High Temperature Drilling in Caspian Sea. Hydrates in Oman Sea Undisturbed bottom hole temperature of greater than 300oF and a pore pressure of at least 0.8 psi/ft (~15.3 lbm/gal) or requiring a BOP with a rating in excess of 10,000 psi [68.95 MPa]

17 Cooperation brings about solid strategic progress Increase our value creation Strengthening efficiency International companies will benefit from Considerable cost reduction Accelerate contractual/execution affairs Iranian companies will have the access To the state of the art technologies To a safe and environmentally friendly technologies