This document provides an overview of the Terang Sirasun Batur gas development project in Indonesia. It summarizes that the reserves were certified at 1.6 TCF, development is expected to deliver gas starting in 4th quarter 2007 through a two-phased approach, and the plan of development was approved in October 2005. It also outlines key project details like location maps, field reserves, development strategy, facility interfaces, and project risks, costs, and schedule.
This document provides an overview of the Terang Sirasun Batur gas development project in Indonesia. It summarizes that the reserves were certified at 1.6 TCF, development is expected to deliver gas starting in 4th quarter 2007 through a two-phased approach, and the plan of development was approved in October 2005. It also outlines key project details like location maps, field reserves, development strategy, facility interfaces, and project risks, costs, and schedule.
This document provides an overview of the Terang Sirasun Batur gas development project in Indonesia. It summarizes that the reserves were certified at 1.6 TCF, development is expected to deliver gas starting in 4th quarter 2007 through a two-phased approach, and the plan of development was approved in October 2005. It also outlines key project details like location maps, field reserves, development strategy, facility interfaces, and project risks, costs, and schedule.
This document provides an overview of the Terang Sirasun Batur gas development project in Indonesia. It summarizes that the reserves were certified at 1.6 TCF, development is expected to deliver gas starting in 4th quarter 2007 through a two-phased approach, and the plan of development was approved in October 2005. It also outlines key project details like location maps, field reserves, development strategy, facility interfaces, and project risks, costs, and schedule.
The key takeaways are that the TSB gas fields have estimated reserves of 1.6 TCF and the development will be conducted in two phases from 2007-2009 to deliver gas to the East Java market. The total estimated cost is USD 400 million.
The TSB gas fields consist of the Terang, Sirasun, and Batur fields. Terang contains 58% of reserves, Sirasun 38%, and Batur 4%. Water depths range from <100m to >200m. Together the fields are estimated to contain 1.6 TCF of gas reserves.
The development strategy is to conduct the project in two phases. Phase 1 will involve drilling 5 wells and establishing initial gas production by 4Q 2007. Phase 2 will further develop the fields to increase production capacity by 4Q 2009. The project schedule and interfaces between contractors were outlined.
11/ 22/ 05
Terang Sirasun Batur
Gas Development Project Four Seasons Hotel Jakarta, Indonesia Tuesday, November 22, 2005 11/22/05 2 Location Map Reserves Geo-hazard Map TSB Development View Facilities Interface Key Design Parameter Introduction Project Development Risk Gas Production Profile Project Schedule Company Expectation Project Cost Contents Contents TSB Development Strategy 11/22/05 3 Kangean PSC acquired by EMP from BP in August 2004 Terang field discovered in 1982, Sirasun in 1993 and Batur in 1995 The TSB reserves of 1.6 TCF were certified by D&M in May 1995 Kangean PSC Extension approved in December 2004 Development of TSB fields i s expected to deliver gas to East Java market starting from 4 th Q 2007 Development strategy: Phase-1 with target of production in 4 th Q 2007 and Phase-2 with target of production in the 4 th Q 2009. Plan Of Development (POD) approved in October 2005 Front End Engineering Design completed in October 2005 Introduction Introduction 11/22/05 4 Kangean PSC Development Project 2 Iga ngan - 1 Pa ger ungan 3 1 2 4 Pal ung - 1 S. Sepanja ng -1 Sepap an - 1 JS 53A 0 20 Km. SEPANJANG 5 E . Sa kala - 1 SAKALA J S 53B - 1 115 o 00' 115 o 30' 116 o 00' Arya - 1 1 S ir asun - 2 116 o 30' KANGEAN PALIAT W. Kange an 1 2 3 Sid ula ng - 1 Sepanjang isl . - 1 Ki au - 1 JS 25 - 1 Sakala - 1 2 1 Kemi ri an - 1 600' BNMP 0318a - E. Somantri 07 o 00' 07 o 30' 1000' 1500' JS 50 - 1 Kubu - 1 PAG ER U N GA N Batur Teran g - 1 3000 PAGERUNGAN DEPELOPMENT TERANG -SIRASUN AREA South Saubi Kar ang Takat South Cel ukan E. Sakal a West Kangean Sepanj ang Isl and JS53 East Spur Pagerungan / TSB Gas Discoveries Oil Discoveries Prospect & Leads Pipeline Proposed Pipeline 2 Iga ngan - 1 Pa ger ungan 3 1 2 4 Pal ung - 1 S. Sepanja ng -1 Sepap an - 1 JS 53A 0 20 Km. SEPANJANG 5 E . Sa kala - 1 SAKALA J S 53B - 1 115 o 00' 115 o 30' 116 o 00' Arya - 1 1 S ir asun - 2 116 o 30' KANGEAN PALIAT W. Kange an 1 2 3 Sid ula ng - 1 Sepanjang isl . - 1 Ki au - 1 JS 25 - 1 Sakala - 1 2 1 Kemi ri an - 1 600' BNMP 0318a - E. Somantri 07 o 00' 07 o 30' 1000' 1500' JS 50 - 1 Kubu - 1 PAG ER U N GA N Batur Teran g - 1 3000 PAGERUNGAN OPTIMIZATION TERANG -SIRASUN South Saubi Kar ang Takat South Cel ukan E. Sakal a West Kangean Sepanj ang Isl and JS53 East Spur Pagerungan / TSB Gas Discoveries Oil Discoveries Prospect & Leads Pipeline Proposed Pipeline DEVELOPMENT 11/22/05 5 Terang Sirasun Batur Fields Map 100 m ---------------------------------- 200 m < 100 m > 200 m Water Depth: 11/22/05 6 Terang 58% Batur 4% Sirasun 38% 30 km 12 km % Reserve of Each % Reserve of Each Field Field 11/22/05 7 Geohazard Geohazard Map Map Potential Geohazard: Surface Fault Seismic Activity Landslide Shallow Gas 11/ 22/ 05 TSB Well Trajectory Plan 11/22/05 9 0 50 100 150 200 250 300 2007 2009 2011 2013 2015 2017 2019 2021 2023 2025 2027 2029 G a s
S a l e s ,
M M S C F D Daily Contract Quantity Gas Production Gas Production Profile Profile 11/22/05 10 (-100 m) (-200 m) TSB Development TSB Development Overview Overview 11/22/05 11 Low Pressure Reservoir 98+% Methane, no H 2 S, min. CO 2 Design Life 15 yrs Facility Design Capacity 330 MMscfd Fit for Purpose and Proven Design High Reliability & Availability Min. suction pressure 150 psig & discharge pressure 1300 psig Compliance with International Standards/Codes For Phase-I: Water depth at Terang is 100 meter Key Design Parameters Key Design Parameters 11/22/05 12 Phase-1 Phase-2 EPC Hull & Mooring PO Compressor PO Subsea System EPCI Subsea Facilities & Integration EPCI Topside Facility TSB Development TSB Development Strategy: Phase-I Strategy: Phase-I Drill 5 Wells Hot Tap 11/22/05 13 Scope : Supplies the following : Subsea Wellhead & Trees Subsea control system Dynamic & Static Umbilical Manifold Topside Control Equipment PO Subsea System PO Subsea System 11/22/05 14 FUTURE Scope : Two units Gas Turbine Compressors c/w Turbine Control System. HPC1 HPC2 HP Header MP Header Prod Separator P-1 P-2 V-1 V-2 Gas To Dehyd LP Header P-4 V-4 V-3 MPC 1 MPC2 LLP Header LPC 1 LPC 2 V-5 PO Turbine PO Turbine Compressor Compressor 11/22/05 15 Hull Structural Plan EPC Hull & Mooring System EPC Hull & Mooring System 11/22/05 16 Process Flow Diagram EPCI Topside EPCI Topside Facility Facility 11/22/05 17 Terang Batur Sirasun Subsea Production Facilities Lay-out EPCI Subsea Facility EPCI Subsea Facility 11/22/05 18 Subsea Control System Layout EPCI Subsea Facility EPCI Subsea Facility 11/22/05 19 SCOPE EPCI ' TOPSIDE' EPC ' HULL & MOORING' PO ' COMPR.' EPCI ' SUBSEA' PO ' SUBSEA' COMPRESSOR X X PROCESS EQUIPMENT X X HULL X X MOORING SYSTEM X X SUBSEA CTRL SYSTEM X X X TOPSIDE SUBSEA CTRL EQUIPMENT X X X SUBSEA FLOWLINE SYSTEM X X Interface Matrix of Interface Matrix of Facility Facility 11/22/05 20 Manageability React Influence R i s k L o w M e d H i g h Med Low High Legend: 1. Project Organization 7. GOI Approval. 10. Bidders participation 5. Interface Offshore Installation (Fac vs. Drilling) 11. availability of local fabricator 3. Inter departmental communication /support 4. Project/ Contract Integration Legal Standing 8. Rig Availability Risk & Discipline competency External relationshi p EMP Culture & I nternal Relationship 2. Comp policy & procedures 6. Contractor competency /capacity 9. EJGP Integrity Project Development Project Development Risk Risk 11/22/05 21 Project Schedule Project Schedule 11/22/05 22 Project Project Cost Cost Total Estimated Cost: USD 400 million Phase-I Estimated Cost: USD 275 million Phase-II Estimated Cost: USD 125 million 11/22/05 23 Company Expectation Company Expectation No LTA Gas-in before December 2007 Project executed within approved budget Facility performance meets design requirement Appreciate local content Maximize gas recovery 11/22/05 24 THANK YOU