文档介绍：Program Introduction Lecture
Created by:Christopher Jackson, Howard Johnson, Gary Hampson
© Imperial College London
AAPG Imperial Barrel Award Program
Rationale of Scenario
New Business Opportunities (NBO) provide the growth engines for panies in the search for increasing their reserves base.
NBO often arise as the current operator is prepared to offer an equity stake in the acreage to pany – known as a “farm-out” opportunity.
The operator may “farm-out” for numerous reasons, . (1) to dilute equity or relinquish acreage in an area considered to have low potential, (2) to acquire new, more prospective acreage, (3) to finance a drilling campaign elsewhere, etc.
To panies to buy-in to the opportunity the operator opens up a “data room” where prospective farm-inees can view the data for a few days and assess its hydrocarbon potential.
This exercise mimicks this process but over a timeframe significantly longer than typically encountered in the real world…
Simplified Exploration & Production Workflow & Data Acquisition
1. Global Basin Analysis
2. Develop Play Concepts
3. Define Exploration Play Fairways
4. Evaluate Prospects
5. Identify Drillable Prospects
6. Drill Exploration Wells
x
Appraisal
FDP
Development
FFR
Abandonment
Reservoir, Trap
& Fluids Data
Acquire New Well Data
Acquire 3D Seismic Data
Acquire Regional G&G Data
FDP: Field Development Plan FFR: Full Field Review X: Dry hole
Review Exploration Licence
Revise Play Concepts
Relinquish
Licence
Extend
Licence
Farm-out
Licence
Exploration Workflow & Deliverables
1. Global Basin Analysis
2. Develop Play Concepts
3. Define Exploration
Play Fairways
4. Evaluate Prospects
5. Identify Drillable
Prospects
6. Drill Exploration
Wells
Complete Basin Studies
Acquire New Exploration Licences
Compile Full Lead &
Prospect Inventory
Drillable Prospects/
Well proposals
Drill
Exploration
Wells
= New Resources
Typical Exploration Work Programme
Barrel Award Phase
Regi