Skip to main content North African Oil & Gas Summit – Candax Energy Inc. Investor Presentation | Shale Experts
Loading...
Pm

North African Oil & Gas Summit – Candax Energy Inc.

Candax Energy Inc. · Oct 24, 2013 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. North African Oil & Gas Summit – Candax Energy Inc. – slide 1
    Developing Mature Fields in the South Gabes Gulf Benoit Debray North African Oil & Gas Summit Tunis-October 24th, 2013
  2. North African Oil & Gas Summit – Candax Energy Inc. – slide 2
    Developing Mature Fields in the South Gabes Gulf Introduction: A story of 3 Fields. Ezzaouia : Building a re-development plan. El Bibane : From oil production to gas condensate. Robbana : A 20-year old well but a field still to be…
  3. North African Oil & Gas Summit – Candax Energy Inc. – slide 3
    A Story of 3 Fields Djerba Island Robbana Ezzaouia El Bibane
  4. North African Oil & Gas Summit – Candax Energy Inc. – slide 4
    Mature Fields Challenges Ezzaouia El Bibane Robbana Jurassic Discovery 1986 1982 1988 Peak 4000 4500 500 Production (bopd) Oil Recovery 12% <…
  5. North African Oil & Gas Summit – Candax Energy Inc. – slide 5
    Back to Geoscience / Database Consolidation PETREL PROJECT SEISMIC Tunis Workstation Miscellaneous 2D 1971 to 2003 Ezzaouia 3D (68 km2) WELLS Robbana : 2 wells Ezzaouia : 14 wells El Bibane : 4 wells Others : 18 wells
  6. North African Oil & Gas Summit – Candax Energy Inc. – slide 6
    Developing Mature Fields in the South Gabes Gulf Introduction: A story of 3 Fields. Ezzaouia : Building a re-development plan. El Bibane : From oil production to gas condensate. Robbana : A 20-year old well but a field still to be…
  7. North African Oil & Gas Summit – Candax Energy Inc. – slide 7
    EZZAOUIA Maretap Operator Candax 45% ETAP 55%, Discovered : 1986 by Marathon Reservoirs : Cretaceous Zebbag Dolomite, Jurassic MRabtine Sandstones Peak Production : Zebbag 27300 bopd (1991), MRabtine 4160 bopd (1996)…
  8. North African Oil & Gas Summit – Candax Energy Inc. – slide 8
    EZZAOUIA Facts Finding / step 1 Jet pumped 160 well productions are not representative of reservoir decline. 150 Example of EZZ 9 (bopd) 140 130 120 110 100 90 80 70 60 Heavy scaling (calcium carbonate)…
  9. North African Oil & Gas Summit – Candax Energy Inc. – slide 9
    EZZAOUIA Facts Finding / step 2 Old jurassic wells completion cannot support the heavy wear induced by jet pumping. Evidences of corrosion was found during recurrent workovers on downhole tubing and liner. Change of…
  10. North African Oil & Gas Summit – Candax Energy Inc. – slide 10
    EZZAOUIA - Jurassic M'Rabtine reservoir TWT Map at Top M2 Geological uncertainties Upsides Poor quality of 3D / structural maps Oil behind pipes in poorer layers Very complex / fuzzy fault patterns (M1, M4, M6) Unknown OWC…
  11. North African Oil & Gas Summit – Candax Energy Inc. – slide 11
    Developing Mature Fields in the South Gabes Gulf Introduction: A story of 3 Fields. Ezzaouia : Building a re-development plan. El Bibane : From oil production to gas condensate. Robbana : A 20-year old well but a field still to be…
  12. North African Oil & Gas Summit – Candax Energy Inc. – slide 12
    EL BIBANE Original OWC -2206m OWC from EBB-4OH (2007) -2178m 1 km Candax 100 % - End of Concession : Dec 2033 Area : 228 km2, offshore (7-10m water depth) Discovered : 1982 by Marathon Reservoir : Cretaceous Zebbag…
  13. North African Oil & Gas Summit – Candax Energy Inc. – slide 13
    EL BIBANE Facts Finding EBB-5 EBB-4H EBB-3RE EBB-5 EBB-5 Top 2090m EBB-3st2 39.7 10.6 29.1 7.2 39.7 Bcf = 29.1 Bcf = 21.9 Bcf Base perfos 2121m EBB-4 EBB-3st1 2155m GOC 2168m 2165m 2184m 17.1 MMbo 17.1 2.6 = 14.5 0.1 =…
  14. North African Oil & Gas Summit – Candax Energy Inc. – slide 14
    EL BIBANE GAS CYCLING PILOT Lean gas is reinjected in EBB4H Condensate is exported to terminal. The gas produced from EBB5 is enriched by oil rim gas-flooding.
  15. North African Oil & Gas Summit – Candax Energy Inc. – slide 15
    EL BIBANE UNCERTAINTIES Geological uncertainties Initial contacts Present contacts (oil rim ) SW compartment (structure, communication) Carbonate fracturation (intensity, distribution) Reservoir model uncertainties…
  16. North African Oil & Gas Summit – Candax Energy Inc. – slide 16
    Developing Mature Fields in the South Gabes Gulf Introduction: A story of 3 Fields. Ezzaouia : Building a re-development plan. El Bibane : From oil production to gas condensate. Robbana : A 20-year old well but a field still to be…
  17. North African Oil & Gas Summit – Candax Energy Inc. – slide 17
    ROBBANA Candax 100% - End of Concession : 04/11/2034 Area : 48 km2, onshore Discovered : 1988 , Marathon Reservoir : Cretaceous Meloussi Sandstone Peak Production : 500 bopd (1993) Cumulative Production : 0.45 MMbbls since 1993…
  18. North African Oil & Gas Summit – Candax Energy Inc. – slide 18
    Robbana Facts Finding Reservoir pressure is building up after a 20 months shut-in period. 3166 psi initial reservoir pressure x 2267 psi measured in March 2011 Material Balance confirms OOIP in the range of 25 M Bbls, hence…
  19. North African Oil & Gas Summit – Candax Energy Inc. – slide 19
    ROBBANA Still a Discovery Geological uncertainties Reservoir certainties Limited, old 2D seismic Waxy crude Poor fault imaging Insignificant water produced Thin, variable reservoirs Pressure building up Poor control of OWC…
  20. North African Oil & Gas Summit – Candax Energy Inc. – slide 20
    Developing Mature Fields in the South Gabes Gulf Introduction: A story of 3 Fields. Ezzaouia : Building a re-development plan. El Bibane : From oil production to gas condensate. Robbana : A 20-year old well but a field still to be…
  21. North African Oil & Gas Summit – Candax Energy Inc. – slide 21
    Keeping a decent production level requires a lot of operations Total Net CAX Prod. (bopd) 800 2012 Actual Figures 2013 FCST as of W39 EZZ17 700 EZZ09 EZZ01 EZZ02 600 EZZ18 EZZ01 EZZ FCST 500 EZZ17 EZZ17 EBB FCST EZZ17 EZZ01…
  22. North African Oil & Gas Summit – Candax Energy Inc. – slide 22
    Only operations driven by sound geoscience background will be cost-effective. MANAGEMENT HUMAN FINANCE ADMINISTRATION RESOURCES NEW OPERATIONS VENTURES PRODUCTION GEOSCIENCE (Geophysics Geology - Res. Engineering)…

From the store

Browse maps, data & reports in the Shale Experts store