Background
Components
Intelligence
Geoinformation
Satellite
Pollution
Oil Reserves
Economics
Risks
International
Chad
Cameroon
Oil developments
Mediation
Full Cycle

 Exploration, development and production technical parameters

  • Number of production wells drilled per year (drilling rate)
  • Number of production development wells
  • Oil well production rate
  • Hydrocarbon production policy

 Production policy over time

  • Plateau oil production rate
  • Remaining oil reserve at start of decline
  • Decline rate of oil production

Production flow for Doba fields using GeoX

 

 Cost parameters for production site

  • Exploration well operation
  • Appraisal well operation
  • Construction in development
  • Construction in buildup

 Global project economics (CAPEX and OPEX)

  • Development cost (fixed and variable)
  • Operating costs (fixed and variable)
  • Transportation cost – Pipeline (fixed and variable)

 Economic scenario on world markets – Oil pricing and inflation rate

Oil prices variation over years

 

 Results from economic modeling

  • Monte Carlo simulation parameters : NPV rate, IRR required and number of iterations.
  • Hydrocarbon flow diagram
  • Project cash flow and time diagrams
  • Business performance indicators
  • Local government takes
  • Decision tree

Predicted cash flow diagrams for Doba fields using GeoX

 

 Final conclusions – The point of view of oil companies

    In the case of the Doba oil project, these evaluations are aimed at building a good understanding of the intended decisions and priorities on the side of the oil companies and particularly Exxon in the present oil project and its future extensions. It is also intended to help in sorting out the possible conflicting issues between the various actors of the project, namely : the World Bank, the governments of Chad and Cameroon and the environmental pressure groups.


Geointelligence - ATHENS Course 2005 - ENSMP/NTNU - Contact web master - Last update : 9 March 2005