Iranian Oil and Gas Upstream Industry; Capabilities and ...

TEHRAN SUMMIT THE INTRODUCTION OF NEW IRAN PETROLEUM CONTRACTS - IPC

Iranian Oil and Gas Upstream Industry;

Capabilities and Capacities

By: Mohammad Iravani

Chairman of the Board of Oil and gas Drilling Assembly Companies in Iran

28-29 November 2015 - Tehran

The Introduction of New Iran Petroleum Contracts – IPC

Tehran – 2015


Kariz is the first long horizontal drilling operation in the world

Iran’s Qanat


1902

1951

Iran Oil Industry Nationalization

1979

Islamic Revolution

~2000

Various Exploration and Development Operation by NIOC and its affiliates

Geophysical Services by private companies

Well Service by private companies

First Offshore Drilling by an Iranian Company

1979

1989 ~2000

First Discovery of Oil in Iran


Exploration Development Production

Geophysical Services

Reservoir Studies

Development Drilling

Exploration Drilling Surface

facilities Petroleum Product Trading

Well Logging Well Services

Geophysical Services


Bibi-Hakimeh

Geophysical

service

South-Pars

Development

SIMOPS

operation in

SPD 15

Deepwater

Drilling in

Caspian Sea



100% 75% 50% 25% 0%

Services Providers

EPC & GC

Subsurface Consultant Co.

Surface Facilities Consultant CO.

Vendors and Suppliers

Field Development Companies


• Full coverage of seismic and non-seismic geophysical studies (2D & 3D acquisition, processing, & interpretation, onshore & offshore)

• Discovering new hydrocarbon fields besides preparation of updated field development plans

• Provide O & G industry with international-level geophysical services

• Presence in international markets in competition with prominent European and American corporations


LOGGING PERFORATION CEMENTING

ACIDIZING WELL TESTING DD & DH TOOLS

International Co. Local Co.


0

100

200

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900

0

50

100

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350

13

61

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1392

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93

KM

dri

lled

Nu

mb

er

Gov. Drilled Wells

Gov. Rig Count

Gov. Drilled Meterage

Total Drilled Wells

Total Rig Count

Total Drilled Meterage


79%

20%

1%

34

86

0

20

40

60

80

100

19 1

1


~ 2700 new wells planned.

~ 140 rigs/year required.

0

100

200

300

400

500

600

Past 4 Y. Future 5 Y.

Avg. Rig Count

Avg. Drilled W.



Field Development Companies

time

Service providers

EPC & GC

Subsurface consultancies

Surface facilities consultancies

Vendors and suppliers


Heavy Oil Drilling Solutions

• Abrasive solids and corrosive gasses content

• Drilling technology challenges range from wellbore stability in shallow unconsolidated sands to high dogleg

Exploitations of Tight Carbonates

• More than 60 MMbbl of recoverable oil

• Horizontal and Multi lateral wells.


High Pressure, High Temperature

• Undisturbed bottom hole temperature of greater than 300oF and a pore pressure of at least 0.8 psi/ft (~15.3 lbm/gal) or requiring a BOP with a rating in excess of 10,000 psi [68.95 MPa]

Deepwater reservoirs

• Drilling in Caspian Sea. • Hydrates in Oman Sea


Cooperation brings about solid strategic progress Increase our value creation Strengthening efficiency

International companies will benefit from

Considerable cost reduction Accelerate contractual/execution affairs

Iranian companies will have the access

To the state of the art technologies To a safe and environmentally friendly technologies

Iranian Oil and Gas Upstream Industry; Capabilities and ...

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