iii1 petronas malaysia salina update
TRANSCRIPT
TALK PROFILETALK PROFILE
•• Malaysia and PETRONASMalaysia and PETRONAS•• New play discoveries and opportunitiesNew play discoveries and opportunities•• Data review and petroleum Data review and petroleum
arrangementsarrangements
PROSPECTS AND INVESTMENT PROSPECTS AND INVESTMENT OPPORTUNITIESOPPORTUNITIES
IN MALAYSIAIN MALAYSIA
NAPE, Houston, USA5-6th 2009
Located in the heart of South East Asia.
It is multicultural population of about 24 million. The country is politically stable with well developed infrastructures.
Comprises Peninsular Malaysia and two states of Sabah & Sarawak in Borneo with total land area of 330,000 sq. km.
MALAYSIA
NAPE 2006
INDONESIA
MALAYSIA
PHILIPPINESVIETNAM
THAILAND
LAOSMYANMAR
CAMBODIA
CHINA
Singapore
MALAYSIA IN PERSPECTIVEMALAYSIA IN PERSPECTIVEMALAYSIA IN PERSPECTIVE
Logistics & Maritime Business
Refining
Gas Business
Oil and gas exploration and production
Marketing
Petrochemical Business
PETRONAS is an integrated oil and gas company, operating in PETRONAS is an integrated oil and gas company, operating in more than 30 countries world widemore than 30 countries world wide
Malaysia Exploration Acreage Malaysia Exploration Acreage
Peninsular Malaysia
Peninsular Malaysia
SabahSabah
SarawakSarawak
• Number of PSC’s in operations : 30
• PSC Blocks under exploration : 41
• Open Blocks : 43 ( Including 7 deepwater blocks)
• Producing fields : 61 oil fields and 27 gas fields
• Production (2008): Oil – 552.7 kb/dGas – 6.7 bscf/dCondensate – 134k b/d
Domestic E&P: Sustained investment and activities with a total Domestic E&P: Sustained investment and activities with a total of USD 22.4bil. spent for E&P sector in FYof USD 22.4bil. spent for E&P sector in FY’’07/07/’’0808
1. Exxon Mobil
2. Shell
3. PETRONAS Carigali
4. Murphy Oil
5. ConocoPhillips
6. TOTAL
7. Nippon Oil
8. Amerada Hess
9. Talisman
10. Newfield
11. BHP Billiton
12. PCPP
13. Petrofac
14. PIDC
15. Kufpec
16. Lundin
Sarawak Basin
Malay Basin
Penyu Basin
Sabah BasinSandakan Basin
TarakanBasin
Strait ofMelakaBasin
• There are 7 Tertiary Sedimentary Basins• Sediment Thickness of > 1000m
MALAYSIAN BASINSMALAYSIAN BASINS
New Exploration PlayNew Exploration Play--types resulted in new discoveriestypes resulted in new discoveries
Proven Successful Play-typesA – Fractured Basement in Malay Basin (Anding Utara)B – Turbidite Play in Central Luconia (Kumang)C – Deep-seated Pinnacle Reef Play in
Central Luconia (Kanowit, PC4, Anjung)D – Malay Basin Centre HPHT Gas Play (Guling Deep)E – Malay Basin Centre Oil Play (Sepat Deep)F – Malay Basin Synrift Play (Kecubung)G – Sarawak Basin Synrift Play (KT)H – DW Sarawak Fault Block Play (Talang)I – DW Sabah Turbidite Play (Kikeh, Gumusut,)I – DW Sabah Foldbelt Play (Rotan, Biris)
On going studiesK – Malay Basin Channel PlayL – Channel play in Balingian ProvinceM – Turbidite play in Rajang DeltaN – Turbidite Play in Sandakan BasinO – Synrift Play in UDW SabahP – Turbidite Play in Sabah ShelfQ - Fractured Basement in Penyu Basin R - HPHT Play in Baram DeltaS - Low CO2 Gas Play in Rajang Delta
D
B
M
L C
O
P
E
AF
KI N
H
GQ R
S
J
Exploration Focus Blocks FY09/10Exploration Focus Blocks FY09/10Exploration Focus Blocks FY09/10
PM326
PM325 SK317DW2D
SK318 SB306
SK301
PM316
Focal Blocks
Open Blocks
Gas Prone AreaEstablished petroleum system – production province
NE-SW 2D seismic regional cross section . Our Basin Study team already identified new play types such as synrift play,Fractured basement play and deeper play basin centre toenhance the prospectivity of the area.
A new deeper exploration target that was identified by PMU basin study opens new frontier for exploration in thisMatured basin. In this case, the lead is in the older sequences below the Bergading Deep-1 well.
PENINSULAR MALAYSIA PENINSULAR MALAYSIA –– BLOCK PM325 & PM326BLOCK PM325 & PM326
SK317 - Baram Delta ProvinceEstablished Petroleum SystemProven Oil & Gas Tertiary Delta Province
SK318 - Central Luconia ProvinceProven Gas Play for Mid to Late Miocene CarbonateProvince
Central Luconia Carbonate Play
Remaining Cycle IV/V Carbonate in SK318 for exploration
Leads & Prospects Map for SK317
SARAWAK BARAM DELTA & CENTRAL LUCONIA PROVINCE SARAWAK BARAM DELTA & CENTRAL LUCONIA PROVINCE –– BLOCK SK317 & SK318BLOCK SK317 & SK318
SARAWAK DEEPWATER SARAWAK DEEPWATER –– BLOCK 2DBLOCK 2D
DW 2D – North Luconia Province
CarbonatePlatform
Pre-MMUOligo-MioceneMMU
Hemipelagite
Base-of-Slope Facies
Equiv. to Carbonates
MMUHemipelagite
Downflank G10
G10 Analogue Line 96MSK141
Talang-1
MMU
MMU
From the drilling result, Talang-1 discovered some gas in the Middle Miocene (pre – MMU objective) section.
Play-types that are available in Deep Water Block 2D. The main potential objective will be the pre-Mid-Miocene Unconformity (MMU) section
SB306 – SE Sabah Basin
SABAH SABAH –– BLOCK SB306 BLOCK SB306
Leads & Prospects Map for SB306
Platform carbonatePinnacle carbonate
3.5km
NESW
Platform carbonatePinnacle carbonate
3.5km
NESW
N
SW NESW
NE
NNN
SW NESW
NE
Potential untested Carbonate Play
Potential untested Turbidites Play
A sequence stratigraphy study has been conducted by PETRONASto establish a regional understanding of the area. Potential plays were identified from the study
Establish Contact
Coand
opportunitie
urtesy visit review
current of
sData Review Bidding Conditional
Award Negotiation PSC Signing
• Data are available for review upon request and companies are requested to sign a confidentiality agreement.
• Companies to submit report on findings and interest within 3 month
• Companies established contact with PMU and assessed for interest
• Short listed companies are invited for a closed tender process for selected blocks
• PSC negotiation and award to successful company
DATA REVIEW & BLOCK AWARD PROCESSDATA REVIEW & BLOCK AWARD PROCESS
EOIM
PRODUCTION SHARING CONTRACTPRODUCTION SHARING CONTRACT
• Companies that are interested to explore and exploit hydrocarbon resources in Malaysia are required to enter into a PSC with PETRONAS
• Each PSC obligates the PSC Contractor to provide all the financing and bear all the risk of exploration, development and production activities in exchange for a share of the total production
• 3 Types of Exploration PSC.1. R/C PSC – below 200m water depth2. Deepwater PSC – 200m to 1000m water depth3. Ultra Deepwater PSC – beyond 1000m
• Companies that are interested to explore and exploit hydrocarbon resources in Malaysia are required to enter into a PSC with PETRONAS
• Each PSC obligates the PSC Contractor to provide all the financing and bear all the risk of exploration, development and production activities in exchange for a share of the total production
• 3 Types of Exploration PSC.1. R/C PSC – below 200m water depth2. Deepwater PSC – 200m to 1000m water depth3. Ultra Deepwater PSC – beyond 1000m
We are at booth 625
We are at booth 625
Data rooms are open 9th-13th Feb9am-5pm
Schlumberger Breakthrough Performance Centre
5599, San Felipe, Suite 1100Houston, TX 77056
Data rooms are open Data rooms are open 99thth--1313thth FebFeb9am9am--5pm5pm
Schlumberger Breakthrough Schlumberger Breakthrough Performance CentrePerformance Centre
5599, San Felipe, Suite 11005599, San Felipe, Suite 1100Houston, TX 77056Houston, TX 77056
Contact:
Petroleum Resource ExplorationPetroleum Management Unit (PMU)PRTRONASLevel 22, Tower 2, PETRONAS Twin TowersKLCC, 50088 Kuala Lumpur
1. Mr. Effendy Cheng AbdullahSenior General ManagerTel: +603 - 2331 4678Fax: +603 - 2331 4004E-mail : [email protected]
2. Mr. Robert WongGeneral ManagerBasin Assessment & PromotionTel: +603 - 2331 3135Fax: +603 - 2331 3238E-mail : [email protected]
3. Ms. Salina SafiullahManagerBlock Promotion & MarketingTel: +603 - 2331 1593Fax: +603 - 2331 3238E-mail : [email protected]
Contact:
Petroleum Resource ExplorationPetroleum Management Unit (PMU)PRTRONASLevel 22, Tower 2, PETRONAS Twin TowersKLCC, 50088 Kuala Lumpur
1. Mr. Effendy Cheng AbdullahSenior General ManagerTel: +603 - 2331 4678Fax: +603 - 2331 4004E-mail : [email protected]
2. Mr. Robert WongGeneral ManagerBasin Assessment & PromotionTel: +603 - 2331 3135Fax: +603 - 2331 3238E-mail : [email protected]
3. Ms. Salina SafiullahManagerBlock Promotion & MarketingTel: +603 - 2331 1593Fax: +603 - 2331 3238E-mail : [email protected]
THANK YOUTHANK YOUTHANK YOU