TURKMENISTAN INVEST 2013 Hussain Al Ansari, COO 17-18 October 2013
Dragon Oil Today Dragon Oil is a leading independent international oil and gas exploration, development and production company Headquartered in Dubai, UAE, with offices in Turkmenistan Owned 54% by the government of Dubai through…
Mission and Vision Mission To safely explore and develop oil and gas resources by leveraging technology and a talented workforce as a dependable, ethical and environmentally conscientious partner Vision To continue the efficient…
The Cheleken Contract Area 13 years of production growth Excellent management of reserves and infrastructure development Continued investment in and N DZHYGALYBEG (ZHDANOV) FIELD ZH 60 development of our people ZH 04 ZH 21 ZH…
Achievements since 2000 Impressive gross production growth since the commencement of the Production Sharing Agreement in 2000 Organic 2P oil and condensate reserves replacement of 190% against cumulative gross production Capital…
Gross Production Growth 100,000 Gross average daily crude Average gross production 90,000 oil production, bopd annual growth 21% 80,000 70,000 60,000 2015 gross production target 50,000 40,000 100,000 bopd 30,000…
Capital Investment 3.00 US2.7bn Onshore and offshore Cumulative capital investment 2.50 investment, USbn US2.7bn 2.00 Operating costs over the period 1.50 US0.6bn 1.00 0.50 0.00 2000 2002 2004 2006 2008 2010 2012…
Reserves Replacement 700 Reserves replacement over 12 years 600 500 141 267 190% 400 Reserves replacement in 677 2012 300 200 551 180% 100 - 2000 Cumulative Reserves 2012 Year Original Production Additions End…
Offshore Infrastructure Development Eight new platforms constructed and installed in the Dzheitune (Lam) and Dhzygalybeg (Zhdanov) fields Four wellhead and production platforms: Lam A, B and C and Zhdanov A Three gathering blocks:…
Onshore Infrastructure Development Central Processing Facility Built the Central Processing facility with the initial processing capacity of 50,000 barrels of fluids per day Todays handling capacity is 100,000 barrels of fluids and…
Future growth and development Production target of 100,000 bopd in 2015 and plateau at this level for at least five years thereafter Commensurate onshore and offshore infrastructure expansion and 30-inch trunkline. development…
Infrastructure: Current and Near-Term Development Dzhygalybeg (Zhdanov) A platform: drilling to commence in 4Q 2013 Dzhygalybeg (Zhdanov) B platform is being assembled Offshore platform. Tendering to select contractors to construct…
Rig Deployment ANNUAL STATUS DRILLING CAPACITY Contracted until Jack-up rig 1 4-5 wells May 2015 Contracted to complete Land rig 1 4-6 wells another 3 wells Contracted to start drilling Land rig 2 and 3 5-6 wells in 4Q 2013…
Secondary Oil Recovery Pilot water injection project commenced in the Dzheitune (Lam) 75 area Initial results expected in the next six months Similar activities are planned in the Dzheitune (Lam) 13 area Potential to increase…
A Responsible Operator LTIF million hours 3.00 7.0 Total number of hours 2.50 2.48 worked 6.0 2.02 5.0 2.00 1.90 1.64 4.0 1.46 1.50 1.30 1.26 3.0 1.00 2.0 0.50 Lost time incident frequency 1.0 0.00 0.0 2006 2007 2008…
A Responsible Operator The Group has ISO 9001, 14001 & OHSAS 18001 certification: Quality Management System complying with ISO9001:2008 implemented A framework for conducting business in an environmentally responsible manner…
Investment in People Our Talent Training and Development Over 1,550 professional originating In-house and external training from 50 countries programmes with particular focus on 83% come from Turkmenistan national employees…
Investment in Communities - Polyclinic Major c.US5mn project completed: polyclinic building and related infrastructure Inauguration took place in March 2013 2011: concept stage. 2012: construction. 2013: completion. 17 Continuing…
Conclusion Continued growth of Dragon Oil and our excellent performance are made possible thanks to our truly successful partnership with the Government of Turkmenistan Thank you 18 Continuing to meet our targets Dragon Oil
Loading...
