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Exploration and Production – OMV

OMV · Feb 24, 2015 · 51 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. Exploration and Production – OMV – slide 1
    Exploration and Production Project and country profiles February 2015 OMV Aktiengesellschaft
  2. Exploration and Production – OMV – slide 2
    1 bn barrels project pipeline New ventures Exploration Appraisal Development Execution Middle East Black Sea Domino (Black Sea) FRDs (Romania) FRDs (Austria, Romania) Africa Norway FRDs (Austria, Romania) Rosebank (UK) Habban…
  3. Exploration and Production – OMV – slide 3
    This page is left blank intentionally 4 OMV Group
  4. Exploration and Production – OMV – slide 4
    Content Projects under development Projects under appraisal Exploration focus Countries 5 OMV Group
  5. Exploration and Production – OMV – slide 5
    Major projects under development New ventures Exploration Appraisal Development Execution Production Peak Project Working Project Country Type 2P reserves Operated start production investments interest primary year mn boe kboe/d EUR…
  6. Exploration and Production – OMV – slide 6
    Field Redevelopment projects, Romania FRDs: Totea Deep, Lebada East, Suplac Ph. 2, Videle G2 Ph. 1, Burcioaia, Phoenix Ph. 1, Istria Ph. 1, Istria Ph. 2, Tazlau Kliwa 1, Madulari, Independenta Ph. 1, Bustuchin; all of them will be…
  7. Exploration and Production – OMV – slide 7
    Field Redevelopment projects, Austria FRDs: 8. TH Phase 1, Erdpress, 16. TH Bockfliess Area, Nordfeld Gas 10 mn boe 2P of oil and gas, first oil/gas in 2013-2015 Investments: EUR 230 mn 1 8. TH Phase 1: 6 new wells on stream…
  8. Exploration and Production – OMV – slide 8
    Habban, Yemen OMV (Op, 44%), SINOPEC (37.5%), YOGC (12.5%), YRL (6%) PSA contract 28 mn bbl 2P reserves of oil 1, 2 Actual production in 2014: 6.4 kboe/d Peak production (2016): 10 kboe/d Investment: EUR 820 mn 1 Production start…
  9. Exploration and Production – OMV – slide 9
    Nawara, Tunisia OMV (Op, 50%), ETAP (50%) 40-50 mn boe of gas coming on stream in 2017 Peak production: 10 kboe/d Investments: EUR 550 mn Gas field development including construction of checked To be double gas pipeline and…
  10. Exploration and Production – OMV – slide 10
    Schiehallion, UK BP (Op, 33.35%), OMV (11.76%), Shell (54.90%) 42 mn boe 2P of oil and associated gas, coming on stream in 2017 Peak production: 12 kboe/d Investments: EUR 740 mn Offshore oil field redevelopment to prolong…
  11. Exploration and Production – OMV – slide 11
    Edvard Grieg, Norway Lundin (Op, 50%), OMV (20%), Wintershall (15%), Statoil (15%) 38 mn boe 2P of light oil and associated gas On stream in 2016 with peak production of up to 19 kboe/d Investments: EUR 640 mn Offshore oil…
  12. Exploration and Production – OMV – slide 12
    Aasta Hansteen, Norway Statoil (Op, 51%), Wintershall (24%) OMV (15%), Conoco Phillips (10%); Includes Polarled Pipeline Project (OMV share 9%) 43 mn boe 2P of dry gas (from three discoveries), coming on stream in 2018 1 Peak…
  13. Exploration and Production – OMV – slide 13
    Zidane, Norway RWE Dea Norge (Op, 40%), OMV, Edison, Maersk, all 20% 20 mn boe expected cum. production (98% gas) Start of production: t.b.d. Peak production: 7 kboe/d Investments: t.b.d. Zidane concept Offshore…
  14. Exploration and Production – OMV – slide 14
    Rosebank, UK Chevron (Op, 40%), OMV (50% 1), DONG (10%) 125-150 mn boe 2P of oil and associated gas, coming on stream end of the decade Peak production: 50 kboe/d Investment: under review Deep water oil field development…
  15. Exploration and Production – OMV – slide 15
    This page is left blank intentionally 16 OMV Group
  16. Exploration and Production – OMV – slide 16
    Content Projects under development Projects under appraisal Exploration focus Countries 17 OMV Group
  17. Exploration and Production – OMV – slide 17
    Major projects under appraisal New ventures Exploration Appraisal Development Execution Production Cumulative Working Project Country Type Operated start production interest primary year mn boe % FRD Romania Oil/Gas 2014-2017 200…
  18. Exploration and Production – OMV – slide 18
    Field Redevelopment projects, Romania FRDs: Videle-Blejesti, Videle G2 Ph.2, Balaria, Phoenix Ph. 2, Slatioarele Ph. 1, Slatioarele Ph. 2, Independenta Ph. 2, Bacea, Barbuncesti, Calinesti, Preajba Cartojani, Tintea, Viforata, Totea…
  19. Exploration and Production – OMV – slide 19
    Field Redevelopment projects, Austria FRD: Matzen field: 8. to 16. TH horizons; Pirawarth, Hochleiten, Roseldorf & Stockerau fields 5 mn boe expected cumulative oil and gas production Start of production: 2015 8. to 16. TH…
  20. Exploration and Production – OMV – slide 20
    Cambo Hub, UK Three projects: Cambo (OMV Op. 47.5%, Chevron 32.5%, DONG 20%); Tornado (OMV Op. 65%, DONG 20%, Faroe 7.5%, Idemitsu 7.5%); Suilven (OMV Op. 57.5%, Shell 25%, Statoil 8.75%, JX Nippon 8.75%) Start of production: post…
  21. Exploration and Production – OMV – slide 21
    Shuwaihat, U.A.E. Wintershall (Op, 50%), OMV (50%) Gas and condensate (NGL) Start of production: post 2020 Appraisal of sour gas and condensate field Signed TEA with ADNOC in June 2012 OMV: Proven track record of safe…
  22. Exploration and Production – OMV – slide 22
    Domino, Black Sea Romania ExxonMobil (Operator, 50%), OMV Petrom (50%) Domino-1 discovery 1: 70.7 meters of net gas pay, preliminary estimate 1.5-3 tcf (42-84 bcm; 250-200 mn boe), gross Start of production: end of the decade 2…
  23. Exploration and Production – OMV – slide 23
    Zola, Australia Apache (Op, 30.25%), OMV (20%), Santos (24.75%), Nippon (15%), Tap (10%) Zola-1: Discovery confirmed net gas pay 130 m in 2011 Bianchi-1: Appraisal well 2013 found net gas pay at 112 m Start of production:…
  24. Exploration and Production – OMV – slide 24
    Wisting discovery Exploration license PL 537 awarded to OMV 2009 OMV (Op, 25%), Petoro, Idemitsu, Tullow (each 20%) and Statoil (15%) Estimated 200-500 mn boe (gross) total recoverable oil resources within PL 537 - opened new play…
  25. Exploration and Production – OMV – slide 25
    This page is left blank intentionally 26 OMV Group
  26. Exploration and Production – OMV – slide 26
    Content Projects under development Projects under appraisal Exploration focus Countries 27 OMV Group
  27. Exploration and Production – OMV – slide 27
    Exploration update and high impact wells1 Exploration only Exploration and production New ventures Wisting OMV/Marathon consortium awarded 7 licenses offshore Croatia North Sea Region Hagar negotiating PSAs Blackrock Seismic…
  28. Exploration and Production – OMV – slide 28
    Exploration North Sea region (Norway, United Kingdom, Faroe Islands) Drilling further up to three high impact wells 2015 in the region Norway Additional appraisal drilling planned for 2015 to confirm oil discovery in operated…
  29. Exploration and Production – OMV – slide 29
    Exploration Black Sea Neptun Deep (Romania) OMV Petrom (50%), ExxonMobil (Operator, 50%) Domino-1 gas discovery in 2012: a play opener Drilling campaign 2014/15: Domino-2 well drilling completed, data under evaluation; Pelican…
  30. Exploration and Production – OMV – slide 30
    Exploration Sub-Saharan Africa Madagascar Grand Prix (Offshore): OMV (Operator, 40%), EnerMad (60%) 3D seismic survey planned to commence in 2015 (min. 3,000 km) Berenty and Mandabe (Onshore): OMV (35%), Tullow (Operator, 65%)…
  31. Exploration and Production – OMV – slide 31
    This page is left blank intentionally 32 OMV Group
  32. Exploration and Production – OMV – slide 32
    Content Projects under development Projects under appraisal Exploration focus Countries 33 OMV Group
  33. Exploration and Production – OMV – slide 33
    E&P country footprint Country Type Contract type Production 2014 Operated Key projects/assets primary kboe/d Romania Oil/Gas Royalty 171.4 OP NO FRDs Austria Oil/Gas Royalty 33.0 OP FRDs Libya Oil/NGL PSA 8.8 NO Murzuq, Sirte…
  34. Exploration and Production – OMV – slide 34
    Romania stabilizing production Key facts: OMV acquired 51% of Petrom end 2004 Existing blocks/fields: 10 Assets with 230 oil and gas fields (45/55% oil/gas mix) and 10,000 operated wells Production 2014: 171.4 kboe/d (2013: 171.4…
  35. Exploration and Production – OMV – slide 35
    Austria maintain production level Key facts: OMV operations since 1956 Oil and gas fields: 4 assets with 50/50% oil/gas production mix Contract type/taxation: Royalty Production: 33.0 kboe/d in 2014 (2013: 34.6 kboe/d)…
  36. Exploration and Production – OMV – slide 36
    Libya situation remains critical Key facts: OMV presence since 1975, production since 1985 Existing blocks/fields: Murzuq and Sirte Basins Sirte Oil and NGL Basin Contract type/taxation: PSC Murzuq Basin Production: 2014: 8.8…
  37. Exploration and Production – OMV – slide 37
    New Zealand offshore production and exploration opportunities Key facts: OMV holds interests in 9 licenses: 3 production and 6 exploration permits; 4 as operator. OMV has been awarded 2 further operated exploration licenses that…
  38. Exploration and Production – OMV – slide 38
    Tunisia developing gas fields in the South Key facts Concessions and Permits: Cherouq, Durra, Anaguid, Nawara (all operated) and non-operated assets 1 Contract type/taxation: Royalty/Tax Production: 9.5 kboe/d in 2014 (10.2 kboe/d…
  39. Exploration and Production – OMV – slide 39
    Norway developing the portfolio Key facts: Active in 36 licenses, thereof 9 operated 2 new licenses awarded in January 2014 Contract type/taxation: 78% Petroleum tax regime Production: 35.2 kboe/d in 2014 Status / Next steps:…
  40. Exploration and Production – OMV – slide 40
    UK focus on West of Shetland area Existing production: Jade (5.57%) Operated by OMV: Cambo (47.5%), Tornado (65%), Suilven (57.5%) Not operated by OMV: Rosebank (50%), Schiehallion/Q204 (11.76%), Jackdaw (9.68%) Key prospects:…
  41. Exploration and Production – OMV – slide 41
    Australia Key Facts: OMV holds 6 exploration licenses Contract type/taxation: Royalty, JV WA-49-R Zola Discovery: (OMV 20%, Apache Op.) 2011 gas discovery (Zola-1) on Northwest Shelf (OMV 20%) Bianchi appraisal well drilled in…
  42. Exploration and Production – OMV – slide 42
    Pakistan Key Facts: First gas discovery in 1993, Miano field OMV active in 8 exploration blocks Six producing assets: Sawan, Miano, Latif, Tajjal, Mehar, Mubarak Production: 15.6 kboe/d in 2014 (11.0 kboe/d in 2013) Pakistan,…
  43. Exploration and Production – OMV – slide 43
    Kazakhstan Key facts: Asset base: Komsomolskoe oil field and Tasbulat Oil Company fields - TOC (Tasbulat, Turkmenoi and Aktas) Contract type: License - Tax/Royalty Production: 8.9 kboe/d in 2014 Status / Next steps: Production…
  44. Exploration and Production – OMV – slide 44
    Yemen Key facts: Existing blocks/fields: 6 blocks, in 4 operator 1 block under production/development (S2), rest exploration Contract type/taxation: PSA Production: 6.4 kboe/d in 2014 Status / Next steps: Challenging security…
  45. Exploration and Production – OMV – slide 45
    United Arab Emirates, U.A.E. Shuwaihat: Wintershall (Op, 50%), OMV (50%) Signed TEA with ADNOC in June 2012 Sour gas and condensate field appraisal phase Appraisal program: 3 wells Shuwaihat 5, spudded in May, 2014; drilling still…
  46. Exploration and Production – OMV – slide 46
    Madagascar Key facts: Grand Prix permit (offshore): OMV (Op, 40%), EnerMad (60%) Contract type/taxation: PSC 3D seismic survey planned to commence in 2015 (min. 3,000 km) Grand Prix Permit Water depth up to 1,700 m…
  47. Exploration and Production – OMV – slide 47
    Gabon Key facts: Manga Marin / Gnondo Marin Area: 6,000 km2 Water Depth: 100-2,500 m Partners: Ophir (Op, 70%), OMV (30%) Mbeli Marin / Ntsina Marin Area: 6,500 km2 Water Depth: 135-2,300 m Partners: Ophir (Op, 40%), Petrobras…
  48. Exploration and Production – OMV – slide 48
    Namibia Key facts: License PEL046 (Blocks 2613A & 2613B) Area: 11,000 km2 Partners: Murphy (Op, 40%), OMV (25%), Cowan (20%), NAMCOR (15%) Contract type: Royalty/Tax Status / Next steps: 5,000 km2 of 3D seismic acquired in Q2/14,…
  49. Exploration and Production – OMV – slide 49
    Bulgaria Offshore Key facts: OMV (30%), Total (Op. 40%), Repsol (30%) OMV handed over operatorship to Total on April 1, 2014 Status / Next steps: 3D seismic acquisition completed (7,700 km2); 2D seismic acquisition completed…
  50. Exploration and Production – OMV – slide 50
    Abbreviations CNS Central North Sea HPIS High Pressure Injection Stations CPF Central Processing Facilities IOR Improved Oil Recovery EAA Exploration Activity Agreement JV Joint Venture EOR Enhanced Oil Recovery KRI Kurdistan Region…
  51. Exploration and Production – OMV – slide 51
    52 OMV Group

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