A Paradigm Shift: Tapping Petroleum Resources By: Carlos A. Cabrera Date: April 15, 2014 2013 Ivanhoe Energy All rights reserved
Using Technology to Increase Petroleum Production What petroleum resources will fill global energy demand How will technology re-invigorate the upstream and midstream industries in light and heavy oil What breakthroughs have…
Crude Oil Demand & Supply Historic and Projected Global Crude Oil Demand Total Global Forecasted Growth Crude Demand 89 MMbbls/d 90,000 Brazil Offshore Deepwater Tight Oil Outside of North America 80,000 Tight Oil from North…
Technology and the Supply of New Oil 1. New Petroleum Resource Discoveries Deep water and harsh environments Advanced imaging and data processing techniques 2. Known resources previously un-exploitable Tight oil 3. Existing…
Unlocking and Improving Light Oil Recovery Implementation of secondary recovery techniques Waterflood Pressure maintenance injection schemes Advanced recovery techniques Fracture treatment technology advances CO2 injection…
Bakken Tight Oil: Previously Untapped Resource By 2030 tight oil will add nearly 8 million barrels per day of production Ivanhoe Energy Presentation 7 Image Source: Statoil
Sources of Heavy Crude Oil Constrained by production technology or cost limits: 1.0 trillion bbls In politically or geographically unfavorable locations: 0.4 trillion bbls Higher quality heavy oil which is more easily…
Heavy Crude Opportunities: Target Resources by Region Countries whose economic returns on planned growth can be enhanced using technology Countries whose stranded resources can be unlocked using technology, preventing production…
Economic Challenges Facing the Traditional Heavy Oil Supply Chain Heavy Oil Blending and Market Value of Production Costs Transportation 20 API Blend Large energy requirement to Diluent value losses Blend sells at a significant…
Current Tech Solutions Constrain the Heavy Oil Supply Chain Current State of the Art Heavy Oil Supply Chain Technology Continuum Exploration & Reservoir Characterization 4D Seismic Advanced Technology pulsed-neutron…
Unlocking and improving in-situ heavy oil recovery Advances in steam thermal recovery techniques SAGD Solvent aided SAGD processes (ES SAGD etc.) Steam distribution and production profile control devices Other potential heavy oil…
New Technologies Will Shift the Heavy Oil Supply Paradigm Future State of the Art Technology Exploration & Reservoir Characterization Advanced Field Processing imaging/processing partial upgrading (HTL) integrated with real time…
Surface Technologies Enable Oil Field Developments: Field or Midstream Based Partial Upgrading Low Complexity Economical Construction Low Capital Modular & Smaller footprint Operating Cost Coke + Gas Byproducts High Yield of…
A Paradigm Shift for Upgrading Heavy Oil Upgrading Today Upgrading Tomorrow SCO: Synthetic Crude Oil Ivanhoe Energy Presentation 15
The Future is Bright for Oil Recovery Filling the supply gap of crude oil demands fresh, innovative approaches to improve efficiencies in oil production, transportation and conversion. Ivanhoe Energy Presentation 17 Ivanhoe…
Discussion P +1 403 261 1700 F +1 403 261 2698 E infoivanhoeenergy.com ivanhoeenergy.com Ivanhoe Energy Presentation 18