Turkmenistan Oil and Gas Conference 19-21 November 2013 Sustainable Growth Using New Technologies Dr. Abdul Jaleel Al Khalifa CEO, Dragon Oil
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…
The Cheleken Contract Area Excellent management of reserves 13 years of production growth and infrastructure development DZHYGALYBEG Continued development N ZH 60 (ZHDANOV) FIELD of our people ZH 04 ZH 21 ZH 31 12 ZH 25…
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 BOPD Tons/day 100,000 13,000 Gross average daily crude 12,000 90,000 oil production, bopd 11,000 80,000 10,000 70,000 9,000 Average gross production 8,000 60,000 annual growth 7,000 50,000 6,000 21%…
Capital Investment 3.00 US2.8bn Cumulative capital 2.50 investment, USbn 2.00 1.50 Onshore and 1.00 offshore investment US2.8bn 0.50 Operating costs over the period 0.00 US0.6bn 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 300 551 200 180% 100 - 2000 Cumulative Reserves 2012 Year Original Production Additions End…
New Platforms 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: Block-1, 2 and 4 One…
Oil Storage Oil Storage Total oil storage capacity of 300,000 barrels The new tank farm Dragon Oil Tank Farm. 11/27/2013 Dragon Oil - Sustainable growth using new technologies 9
Production Technologies 11/27/2013 Dragon Oil - Sustainable growth using new technologies 10 10
Pressure Maintenance Water Injection Start date: 28 June 2013 Current injection rate: 3,500-4,000 bwpd Average pressure increase in neighbor wells: around 100 psi (to be verified through another survey) Plan to expand water…
Artificial Lift KPIs Jet Pumps Start date: 5 June 2013 in two wells: Dzheitune (Lam) 13/118, 13/168 Average Production increase: 500- 700 bopd/well Plan to expand Jet Pump operations to 14 more wells during 2014 Objective is to…
Advanced Technology Implementation Chemical Trials Application: The effectiveness and cost of current chemical injection systems and chemicals for wax and corrosion reduction. Trial: Chemical injection trials using four different…
Advanced Technology Implementation 3D Laser Survey Objective: Plant modifications and changes which are not reflected on the master drawing could be captured. Technology : Survey using Rapid 3D Laser scanning. Photograph of platform…
Company Procedure Improvement Integrity Management System (IM): To ensure safety and reliability of the plant assets. Structures Integrity Management System (SIMS) Pipelines Integrity Management System (PIMS) Corrosion Management…
New Technologies Already Installed Water Injection Jet Pumps Expandable screens Remote Pig Tracking On the way ESP Cable Heating Gravel Packs Wax Elimination Rings (Vibration Induced Technology) Intelligent Pigging On…
Investment in People Our Talent Training and Development Over 1,550 professional In-house and external training programs with originating from 50 countries particular focus on national employees 92% of Dragon Oil Turkmenistan…
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.…
Future Growth and Development Production target of 100,000 bopd in 2015 and plateau at this level for at least five years thereafter Deployment of significant jack-up and platform-based rig capacity Extraction of condensate at…
Conclusion Continued growth of Dragon Oil and our excellent performance are made possible thanks to our truly successful partnership with the State Agency and all other concerned authorities Thank you 11/27/2013 Dragon Oil…