spoc introduction operational updatecertificate of company registration by ministry of legal affairs...
TRANSCRIPT
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
SPOCINTRODUCTION
&OPERATIONAL
UPDATE
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.11th October 2017 South Sudan Oil & Power Conference 2017
Juba, Republic of South Sudan
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
OUTLINES
BackgroundBusiness Dimension & Operational Update
Staff & Community DevelopmentOpportunities
Moving Forward
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
COMPANY INCORPORATION
SUDD Petroleum Operating Co. (SPOC)was successfully formed as a
Joint Operating Company and registered inSouth Sudan on 30th April 2012
Certificate ofCompany Registration byMinistry of Legal Affairs&Constitutional Development
Tax Identification Certificateby Ministry of Finance& Economic Planning
Membership in South Sudan Chamber of Commerce,Industry & Agriculture
ONGC VIDESH
67.875% 24.125% 8%
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
KEY AGREEMENTS GOVERNING PETROLEUM OPERATIONS
Exploration& Production SharingAgreement (EPSA)
6th Feb. 1997
Block 5A Transition Agreement (TA)
13th Jan. 2012
The Petroleum Act
6th Jul. 2012
Agreementon Oil RelatedEconomic Matters (AoREM)
27th Sept. 2012
Joint OperatingAgreement (JOA)1st Oct. 2012
Joint OperatingCompany Shareholders Agreement (JOCSA)
7th Mar. 2012
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
OUR ORGANIZATIONAL DRIVER
Vision, mission and core values to propel strong performance
VISION
To be “The Preferred LeadingPetroleum Operating Companyin South Sudan”
MISSION
Find & develop hydrocarbonresources for businesssustainability
Create value for ourstakeholders and the nation
Build a competent andcommitted workforce
CORE VALUES
ProfessionalismTreat people with dignity, respect and fairness. Strive for excellence & continuous improvement
IntegrityHonest and upright
CohesivenessPromotes harmonious working relationship. Unite, trust and respect each other
CommitmentLoyalty and dedication to work / company
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
BOARD OF DIRECTORS
DirectorMr. Pasala Krishna RaoONGC VIDESH
DirectorMr. JaninGirie
DirectorHon. Dr.Chol DengThon Abel
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
A DIVERSE MANAGEMENT TEAM
PresidentDatuk Joseph Podtung
Vice PresidentPaul Pout Jouch
GM Production& OperationEruwan Gerry
GM HRD, SCM& TrainingGatdeet Thon Wakou
GM Finance,Planning & ICTSayed Azman
GM Exploration& Development H.S NegiONGC VIDESH
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
WORKFORCE STRENGTH
148 staffHeadcount as of October 2017
90%positions filled by National staff
Workforce Composition
150
100
50
0
133nationals
15expatriates
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
BUSINESS DIMENSION FOR BLOCK 5A
Contract Area 20,917 km2
Total PIIP 2928.52 MMstb
Es>mated Ul>mate Recovery
221.04 MMstb
Number of FDP 4
Reserves + CR
194.39 MMstb
Explora>on Wells Drilled 59 wells
Total Dev/Prod. Wells 55 wells
Total Cumula>ve Produc>on (As at 1.1.2017)
42.97 MMstb
Facili&es Number/Capacity/
Dimension
Thar Jath CPF 80,000 bbl/d
Mala DGFF 1
Oil Gathering Manifold
10 (6 Thar Jath, 4
Mala)
Export Pipeline 172 km
Power Plant 1
(35.6 MW)
Poten&al Produc&on Rate
18,000 Bbl/d
Block 5Ais located inNorthern Liech Stateof South Sudan
2 producing oil fields i.e.Thar Jath and Mala
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
Up to 80,000 barrels / day oil processing capacity
FACILITIES OVERVIEW
120,000 bwpd
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
HISTORICAL OIL PRODUCTION
-
5 000
10 000
15 000
20 000
25 000
30 000
May-06
Aug-06
Nov-06
Feb-07
May-07
Aug-07
Nov-07
Feb-08
May-08
Aug-08
Nov-08
Feb-09
May-09
Aug-09
Nov-09
Feb-10
May-10
Aug-10
Nov-10
Feb-11
May-11
Aug-11
Nov-11
Feb-12
May-12
Aug-12
Nov-12
Feb-13
May-13
Aug-13
Nov-13
Bbl/d
First Shutdownfrom Jan ‘12to Apr. ‘13
1st JOC to resumein Apr. 2013 @ 5% capping ofGPOC/GNPOC throughput
2ndShutdownsince Dec2013
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
RESERVES POTENTIAL
Block 5A still holds significant growth opportunity
0
500
1000
1500
2000
2500
3000
3500
Total PIIP Es0mated Ul0mate Recovery
Cumula0ve Produc0on Reserves+CR
MM
stb
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
OIL PRODUCTION FORECAST
Block 5A has a potential up to 60,000 Bbl/day with future development and exploration activities.
KB
bl/d
ay
-
10
20
30
40
50
60
70
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040
Exis1ng Development Explora1on
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
ROADMAP FOR BLOCK 5A PRODUCTION RESUMPTION
PRE-RESUMPTION
All pre-requisitefor resumptionare met.
TECHNICAL ASSESSMENT
Mobilize key personneland conduct technicalsite assessment.
Finalize essential contracts and initiate procurement of critical equipment/parts and essential material.
SITE RESTORATION
Mobilization ofpersonnel,contractors &equipment.
Carry out restorationactivities of damagedfacilities based onpriority and quick-fixfor immediate firstoil export.
EXPORT / 1ST Oil
Resume production& oil exports.
Phased restoration of full facilities repair.
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
STAFF DEVELOPMENT
Education and capability building as a critical tool for change
117 courses Total number of courses attended by national staff
Domestic Training Programs• Human Resource Training• Introduction to Petroleum Exploration• Reservoir Management and SurveillanceOverseas Trainings• Supervisory Management Skill• Project Management• Oil & Gas Occupational Health & SafetyInternship• 14 students from various Universities have attended Internships at SPOCINSTEP• 8 South Sudanese production technicians trained in INSTEP, Malaysia on various oil & gas operations disciplinesOn the job training opportunity with Secondee and Consultants
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
LOCAL COMMUNITY
Community development programs have widely benefited the public and communities
Potable Water Supply
SPOC has been playing a leading role inproviding clean water to the surroundinghost communities
Education
Providing training to develop local teachers capability and enhance teaching infrastructure
Health Services
Collaboration effort with State hospitals & health centers in providing primary health care services to the rural areas
Veterinary & Agricultural Support
Collaboration with Ministry of Agriculture, Forestry and Animal Resources
Rubkona WaterTreatment Plant
Education Supports
Veterinary Support
Bentiu Vocational Training Centre
Agricultural Support
Thar Jath Clinic
Mirmirfiltration units
Kilo 50 Clinic
Thar Jath WaterTreatment Plant
KochHospital
Adokfiltration Units
Adoc Clinic
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
INDUSTRY SUPPORTS & SERVICES
Collaboration Areas and Opportunity for Oil & Gas Industry Players
70 contracts Estimated number of contract / ITB
Production & Operations • Mechanical equipment at CPF/CPP/FSF• Tools / spare part supplies• Operations / drilling / well services• Chemical supplies, etc.• Facilities repair & maintenance• Road construction
HSE and Security• Personal Protective Equipment (PPE)• Firefighting equipment• Medicine supplies• Security services, CCTV , etc.• Grass cutting and Fireline
Office / Base Camp Supplies • Supply of office / camp consumable items • Catering, cleaning• Building repair & maintenance• Warehouse• Water treatment
Instrumentation & Electrical• All instrumentation works at CPF/CPP/FSF• All electrical works at CPF/CPP/FSF
Logistic & Transportation• Passenger / commercial aircraft• Cargo aircraft• Diesel supply• River transportation• Road transportation• Vehicle procurement / maintenance
Support Services• Manpower services• Medical / life / energy insurances• Travelling, hotel arrangement• Technical software, ICT, Internet services• Accounting, audit services
Mr. JOSEPH PODTUNGPresident, Sudd Petroleum Operating Company Ltd.
South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan
MOVING FORWARD
SPOC is committed to working with allstakeholders for our production resumption.
Continued collaboration and effort on:
• Security Assurance at field
• Uncapping of production from Block 5A
Working with suitable vendors for the reinstatement of equipment and facilities in SPOC field.
Thank you