CAIRN ENERGY PLC 07S0066BE00 Frontier Oil & Gas Exploration in South Asia Amsterdam Conference March 2007 1 07S0066BE00
Cairn Evolution South Asian Strategy Founded (1980) - listed London (1989) Holland Sea Search - listed Amsterdam Sir Bill Gammell, founder & CEO Command - listed Sydney Cairn Corporate acquisitions Holland Sea Search & South…
South Asia Experience Of Frontier Exploration Nepal Entry 2001 Frontier Exploration Bangladesh Entry 1992 PAKISTAN NEPAL DELHI First licence award after KATHMANDU change from military rule to democracy BANGLADESH Frontier…
Rajasthan & Cambay Basins CAMBAY BASIN BARMER BASIN Reserves Rajasthan Current oil in place 3.6 billion boe 2.6 billion boe RJ-ONN-2003/1 2.2 billion boe of which is in 6 fields RJ-ON-90/1 under active development planning…
Exploration Success In South Asia BANGLADESH NE PA Bibiyana L Premier: Qadirpur Reliance PAKISTAN Cairn Sangu Cairn INDIA Rajasthan Cairn ONGC Daewoo Cambay GSPC Total ONGC Reliance Reliance Deepwater Premier:…
Cairn in South Asia Cairn 2006 Production Current Frontier Total Operated Production Exploration 105,029 boepd NE Sangu Total WI PA DELHI L Gross Production 42,100 boepd KATHMANDU 21,177 boepd Total Net Entitlement 27,300…
Cairn Overview PLC Shareholders t urn IPO January 2007 h re 007 s 2 Ca Q2 New Investors Cairn Energy PLC 1.9 billion LSE nce 31 % bala 69 % 10 0% s h Ca Cairn India Capricorn BSE / NSE Energy 600 million retained…
Tectonic History EOCENE - EARLY OLIGOCENE LATE OLIGOCENE - EARLY MIOCENE EARLY - MID MIOCENE LATE MIOCENE - PLIOCENE 5. Pliocene 1. Early Cretaceous. Advance of Bengal delta-top. Australian and Antarctica pull away from India.…
Regional Tectonic Map of Bangladesh Bengal Fan is the world's largest A deltaic complex C - length 3000km - width 1100km - area 3,000,000 km2 - volume 4,000,000 km3 - 10x larger than the Mississippi fan D B 9…
Regional Tectonic Cross Sections of Bangladesh Dauki Fault-regional dextral wrench fault B A C D Regional tectonic cross sections depicting major petroleum systems of Bangladesh (After, Murphy 1988) 10 07S0066BE00
Cairn in Bangladesh BLOCK 10 Equity : Cairn 90% BAPEX 10% BLOCK 5 Equity : Cairn 90% BAPEX 10% BLOCK 16 SANGU DEVELOPMENT AREA Equity : Cairn 75% Halliburton 25% BLOCK 16 EXPLORATION AREAS BLOCK 7 (Chevron operator)…
Bangladesh Cairn Seismic and Well Database 43,000 km 2D Seismic 127 Wells 12 07S0066BE00
Bangladesh Structure Play Domains Eastern Source Rock Distribution Foldbelt Western Shelf OLIGOCENE Hinge Zone Passive Margin Hinge Zone Oligocene Shelf edge Estimate TOC 2% Type II and III kerogen 13 07S0066BE00
Bangladesh Oil & Gas Seeps 14 07S0066BE00
Southern Bangladesh Play Elements 15 07S0066BE00
Megasequence Framework Megasequence 3 Shelf Edge Pleistocene. No canyons Megasequence 2. Intense canyonisation Megasequence 1 Early Late Pliocene, No canyons North South Shelf Edge Megasequence 3 Pleistocene…
Structural Styles and Stratigraphic Plays Fluvial Channel Delta - distributary Mouth bar Simple anticline with Rollover anticline Meanders combination combination canyon dissection with canyon cuts W Main Play Fairway Surface…
North Bangladesh Chattak Main Fields Name Kailas Tila Chattak undrilled Bibiyana Bibiyana Rashdipur Rashdipur Habiganj Titas Total 11 Tcf Titas 18 07S0066BE00
Chattak Tipam Sandstone Fields Discovere GIIP UR d Top Megasequence 1 Chattak 1959 2 Tcf 1.1 Tcf 19 07S0066BE00
Kailas Tila Tipam Sandstone Boka Bil Top Megasequence 1 Fields Discovered GIIP UR Kailas Tila 1962 3.6 Tcf 2.5 Tcf 20 07S0066BE00
Bibiyana Tipam Sandstone Boka Bil Fields Discovered GIIP Top Megasequence 1 Bibiyana 1998 4 Tcf+ 55 Sq. km, High relief 1500m anticline 21 07S0066BE00
Rashdipur Tipam Sandstone Boka Bil Top Megasequence 1 Fields Discovered GIIP UR Rashdipur 1960 2.2 Tcf 1.3 Tcf 22 07S0066BE00
Titas Tipam Sandstone Boka Bil Top Megasequence 1 Fields Discovered GIIP Titas 1960 6 Tcf 44 Sq. km, Moderate relief 200m unfaulted, symmetrical, anticline 23 07S0066BE00
Hatia Prospect 3183 m: 50% probability of leaving 500bcf updip 3132 m: 50% probability of leaving 200bcf updip Exploration well to be drilled March/April 2007 3108 m: 10% probability of leaving 200bcf updip A 20m + gas…
Hatia Cross Section Hatia-1 26 07S0066BE00
Magnama & Sangu SANGU MAGNAMA Sangu Gas Field 300m vertical 58 sq. Km SE trending Anticline. Magnama 700m vertical 200 sq. Km SE trending Anticline. 27 07S0066BE00
Magnama Regional Context Sangu Gas field Magnama prospect 28 07S0066BE00
Magnama Prospect 3 Tcf prospect Magnama-1 Chittagong processing plant Tipam Sandstone Boka Bil Top Megasequence 1 29 07S0066BE00
Seismic sections Sangu Gas field Gas bearing reservoirs Char Jabbar prospect Target reservoirs 30 07S0066BE00
Bangladesh Frontier Exploration Conclusions Bangladesh with approximately 55 exploration wells is still a Greenfield Province Gas exploration success rates of around 1 in 3. Source is considered to be pervasive. Excellent delta…
Northern India & Nepal Seismic NEPAL 5,134 km 2D, 1982-1993 vintage Generally 15-20km spacing, block 10, 5 x 8km grid Data of fair quality in Terai and intermontane basins NEPAL Data of very poor quality over frontal hills 1…
Nepal Potential Petroleum Systems Proterozoic Very deep and probably exhausted Lower Palaeozoic Inferred, no hard geochemistry data, analogy with remainder of north Gondwana margin (N Africa/M East) Upper Palaeozoic Restricted…
Foreland Traps in Front of the MFT Palaeozoic Pop-ups 38 07S0066BE00
MFT Predicted Anticlinal Traps Old vintage seismic of poor quality below the MFT 39 07S0066BE00
Planned Seismic Programme end 2007/2008 National Parks Nepal Nepal Blocks Proposed Nepal Lines 2007 Route driven 40 07S0066BE00
Proposed Seismic Over Nepalganj Anticline 41 07S0066BE00
Nepal Trap Summary Structures in front of the MFT Limited Tertiary structuration in the foreland in front of the MFT Pre-Tertiary truncation pinch-outs and structures (localised, tight) present beneath Terai Proterozoic/Palaeozoic…
Nepal Frontier Exploration Conclusions Nepal with one exploration well is a true Frontier Province Oil and Gas seeps indicate active petroleum systems Cairn first reconnaissance and detailed seismic campaign to begin, subject to…