1 / 23

Doha, October 1 st , 2005

History and Future Opportunities In The Oil & Gas Industry In Qatar. Doha, October 1 st , 2005. Contents. Introduction Crude Oil, Exploration and Development Gas Development Conclusions. Introduction.

anise
Télécharger la présentation

Doha, October 1 st , 2005

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. History and Future Opportunities In The Oil & Gas Industry In Qatar Doha, October 1st , 2005

  2. Contents • Introduction • Crude Oil, Exploration and Development • Gas Development • Conclusions

  3. Introduction • Qatar witnessed a transformation of its energy sector from a declining oil based industry to a thriving one based on a diverse mix of oil, gas and petrochemical • Growing international investor confidence. S & P raised 2003 Qatar rating to A+ • Key Achievements: • Significant increase in reserves and doubling of oil production • Rapidly expanding LNG sector • Creation of Gas to Liquid (GTL) industry • Participation of major international companies and private sector

  4. CRUDE OIL EXPLORATION & DEVELOPMENT

  5. Crude Oil Exploration & Development • Oil Production Capacity Doubled in Last 10 Years Through PSA Contracts • Current Oil Production 750-800 MBOPD • New Development Plans will Enable Production Capacity to be Increased and Sustained for Many Years • Reserves Expected to Increase Even with Increased Production

  6. PSA Fields: Recent Financial Investments • Al-Shaheen (Maersk) FDP 2001: 1.2 Billion US$, Total Investment to date over 2 Billion US$ • Al-Khalij (Total) New Phased Dev.: Over 300 mm$ • Al-Rayyan (Anadarko) New Facilities + Wells: ~ 200 mm$ • Idd El-Shargi North (Oxy) Dev. (2002 – 2006): ~ 700 mm$ • Idd El-Shargi South (Oxy) New Dev.: ~ 230 mm$ • Al-Karkara & A-Structure (QPD) New FDP: ~ 100 mm$

  7. PSA Fields: Recent Technical Achievements • Al-Shaheen: Very Complex Carbonate & Sandstone Reservoir being Developed with some of the World’s Longest Horizontal Wells • Al-Khalij: Water Separation Offshore and Re-injection into Complex Mishrif Reservoir • Al-Rayyan: Coiled Tubing Conveyed ESP • Idd El-Shargi North & South: Many Complex Extended Reach Horizontal Multi-Lateral Wells • Al-Karkara & A-Structure: Gas Re-injection into Reservoir to Achieve Zero Flaring

  8. Exploration and Appraisal Activities • Evaluation of Regional Hydrocarbon Systems • Numerous 3D Seismic Data Acquisition • Introduction of 4C Seismic Data Acquisition • Pre-Khuff Evaluation Study • Exploration & Appraisal Drilling

  9. Total Oil Production, MBOPD PSA QP

  10. Reserves – QP Operated & EPSA / DPSA Fields Total Investment EPSA – DPSA Operators (1996-2004) = $B 4.9 EPSA DPSA Reserves Added (QP Ops.)

  11. DUKHAN, MM & BH, EPSA 4 4 12 5 3 3 13 10 6 8 7 14 14 2 1 9 Current Area Situation (5) MAERSK (6) TOTAL (2) ENCANA (11) WINTERSHALL CONS. (13) (12) ANADARKO/OMV (10) TALISMAN (4) ANADARKO IRAN 11 BAHRAIN QATAR DPSA ISND, ISSD – OXY AL-KARKARA & STRUCTURE A - QPD ABUDHABI BIDS NN SAUDI ARABIA NEW BLOCKS 3, 14

  12. QATAR EXPLORATION / DEVELOPMENT Areas Situation

  13. GAS DEVELOPMENT

  14. Objectives of Qatar Gas Industry • Major Player and Exporter in the World Gas Industry Through Diversification • Pipeline • LNG • Gas to Liquid Conversion (GTL). • Local Demand for Gas: • Power Generation and Desalination. • Hub for Gas Based Industries.

  15. Qatar Pipeline Gas For Export & Local Demand • Two projects for export and local demand: • AKG (Al-Khaleej) Project: • Under DPSA between Government of the State of Qatar and ExxonMobil • Total capacity 1.75 BCF/D of Sale Gas • Phase (1) ~ 0.75 BCF/D under construction to supply local industries in Ras Laffan and Mesaieed area. • ORYX GTL Project, IPP, Gas Grid • Other opportunities for export. • The Dolphin Project: • 2 BCF/D of Sale Gas to UAE • Development plan has been approved • EPC Contracts signed • First gas by end-2006

  16. Qatar LNG Industry • During the last 10 years, Qatar became one of the leading supplier of LNG. • In the next 10 years, Qatar expected to be the Largest LNG Exporter in the World. • LNG industry is based on two major LNG Joint Ventures namely QatarGas and RasGas in Ras Laffan. • Operating Projects: • QatarGas I : 3 Trains, capacity ~ 9 mmta export to Japan & others • RasGas I : 2 Trains, with 6.6 mmta capacity, committed to Korea and others

  17. Qatar LNG Industry • Under Construction Projects: • RasGas II : 3 x 4.8 mmta trains, capacity of 14.4 mmta, startup 2005 & 2007, to supply India, Italy and others. • Committed Projects: • QatarGas II : 2 x 7.8 mmta trains with total capacity 15.6 mta, startup early-2008, to supply to the U.K. • QatarGas III : 1 x 7.8 mmta, total capacity 7.8 mmta, startup 2009 to supply USA. • RasGas III : 2 x 7.8 mmta, with total capacity of 15.6 mmta, startup 2008, to supply USA • Total LNG production capacity by start of next decade will be about 77 mmta.

  18. Gas To Liquid (GTL) Projects • Qatar has undertaken a strategic decision to be the world capital of GTL • The world’s largest GTL project (ORYX GTL), JV between QP and SASOL with capacity of 34000 B/D, first production by end 2005 • DPSA signed with SHELL for the development of a mega integrated GTL project (upstream and downstream). Two trains will be constructed each with a capacity of 70,000 B/D of GTL liquids. Startup end of 2009 • HOA was signed with ExxonMobil for the development of 154,000 BPD GTL Project. Target commissioning 2011

  19. Gas To Liquid (GTL) Projects • Other GTL Projects Under Consideration: • Proposals from various companies are under evaluation • All are integrated upstream/downstream projects • Production capacities: 100,000 – 160,000 bbl/day per project • Gas required: 1.0 – 1.7 Bscf/day per project • GTL Products: Diesel, Naphtha and Lube Oil • Startup dates: Beyond 2012

  20. Investment in North Field Development Projects and Gas Based Industries in Qatar • Period 1990 to 1999: • About US$ 13.4 Billion • Period 2000 to 2010: • Over US$ 60 Billion

  21. Conclusions • Oil prospectivity of the North and North West area of Qatar is high. • Oil production capacity doubled in last 10 years through PSA Contracts • Plan to increase production capacity further with additional field development • Oil reserves are expected to increase significantly in coming years even with increased production • North Field gas utilization is projected to reach around 19 BCF/D by end of current decade

  22. Conclusions • Qatar is currently a leading and reliable supplier of LNG. • Qatar vision of becoming the GTL capital of the world is approaching reality. • Opportunities for EPC / Construction companies to participate in various upstream and downstream oil and gas projects

  23. T H A N K Y O U

More Related