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Project: Project: Three Three exploratory exploratory wells wells | | Province Province : Chubut : Chubut - - Argentina Argentina

Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

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Page 1: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Project: Project: ThreeThree exploratoryexploratory wellswells | | ProvinceProvince: Chubut: Chubut--ArgentinaArgentina

Page 2: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

GEOGRAPHICAL LOCATIONGEOGRAPHICAL LOCATION

Page 3: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Location 245m displaced from the original target.

TargetTarget CoordinatesCoordinates LocationLocation

Page 4: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Río Limay’s original proposal

CoordinatesCoordinates positionposition withwith GPSGPS

Page 5: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

1.1. DRILLING RIG:DRILLING RIG: KEY ENERGY S.A.2.2. WELLHEAD:WELLHEAD: WENLEN S.A.3.3. SEWER EFFLUENTS SERVICE:SEWER EFFLUENTS SERVICE: BACS S.A.4.4. RELEVAMIENTO Y GEOREFERENCIACION:RELEVAMIENTO Y GEOREFERENCIACION:

GUILLERMO SILVESTRE5.5. SOLIDS & DRILLING FLUIDS CONTROLSOLIDS & DRILLING FLUIDS CONTROL: MI

SWACO DE ARGENTINA S.A.6.6. ANCHORAGE TESTING:ANCHORAGE TESTING: CALIPER7.7. MUD SERVICE:MUD SERVICE: MI SWACO DE ARGENTINA S.A.8.8. MUD MUD –– LOGGING:LOGGING: NET - LOG9.9. DRILLING PARAMETERS:DRILLING PARAMETERS: PASON DGS S.A.10.10. LOGGING:LOGGING: SOCIAL SCHLUMBERGER11.11. BOBCAT RENT & OPERATOR :BOBCAT RENT & OPERATOR : PETROLNEWS

ARG. S.R.L.12.12. CEMENTING:CEMENTING: SERVICIOS ESPECIALES SAN

ANTONIO S.A.

SubSub--ContractorsContractors InvolvedInvolved

13.13. DIRECTIONAL DRILLING:DIRECTIONAL DRILLING: SERVICIOS ESPECIALES SAN ANTONIO S.A.

14.14. INDUSTRIAL WATER TRANSPORT:INDUSTRIAL WATER TRANSPORT: CLEAR S.R.L.

15.15. ROADS & LOCATION CONSTRUCTION:ROADS & LOCATION CONSTRUCTION: OIL M&S

16.16. CLOSE LOOPE WASTE DRILLING:CLOSE LOOPE WASTE DRILLING: CLEAR S.R.L.

17.17. DRILLING WASTES TREATMENT:DRILLING WASTES TREATMENT: OIL M&S18.18. MISCELLANEOUS SERVICES:MISCELLANEOUS SERVICES: WEATHERFORD

INTERNATIONAL DE ARGENTINA S.A.19.19. VERTICAL CONTROL:VERTICAL CONTROL: TELEDRIFT ARGENTINA

S.A.20.20. SECURITYSECURITY: NYC 21.21. GATES CONSTRUCTION:GATES CONSTRUCTION: LEIVA ROLANDO

MARIO22.22. ROADS & LOCATION CONSTRUCTION:ROADS & LOCATION CONSTRUCTION:

MOTTINO Y ACUÑA S.R.L.23.23. CASING SUPPLY:CASING SUPPLY: TENARIS SIDERCA24.24. BITS:BITS: BAKER HUGHES ARGENTINA S.A.

Page 6: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

WELL HEADWELL HEAD 22

SEWER EFFLUENTS SERVICESEWER EFFLUENTS SERVICE 33

DRILLING RIGDRILLING RIG 1 SOLIDS CONTROLSOLIDS CONTROL 55

ANCHORAGE TESTINGANCHORAGE TESTING 66

MUDMUD--LOGGINGLOGGING 88

MUD SERVICE 77

DRILLING PARAMETERS DRILLING PARAMETERS 99

LOGGINGLOGGING 1010

1111BOBCATBOBCAT’’SS RENT AND OPERATOR RENT AND OPERATOR

PROVISION PROVISION

CEMENTATIONCEMENTATION 1212

Page 7: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Final position of wells coordinates1. Managment of landowners’s access authorizations2. Topographer re- reposition well coordinates3. Real information supply4. Environmental licenses5. Soil material’s permissions

1.1. LandownersLandowners ((CCáámpolimpoli, Herrada & , Herrada & MottinoMottino))2. Chubut’s Environmental Government Department

6. Final wastes deposition license7. Contracts managment with roads and locations companies8. Assistance in contract managment and purchase orders with services

companies9. Safety inspection and drilling rig components10. Materials managment11. Drilling Program12. PHASE “B” BEGGINING

PREPRE--OPERATION. PHASE OPERATION. PHASE ““AA””

Page 8: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

1.1. LocationsLocations constructionconstruction supervisionsupervision2.2. DrillingDrilling rigrig’’ss transporttransport supervisionsupervision3.3. DrillingDrilling supervisionsupervision --

subcontractorssubcontractors4.4. OperationOperation-- Integral Integral managmentmanagment

1.1. Jobs Jobs certificationscertifications2.2. CertificationsCertifications approvalapproval3.3. InvoiceInvoice emissionemission approvalapproval4.4. Track of invoices cycleTrack of invoices cycle

5.5. ManagmentManagment forfor GeoGeo--referencingreferencing andand cartographiccartographic’’ss reportingreporting

6.6. SupportSupport forfor environmentalenvironmental issuesissues consultantconsultant’’ss inspectionsinspections

PrePre--OperationOperation: Phase : Phase ““BB””

1.1. SupervisionSupervision forfor drillingdrilling rigrig’’ss demobilizationdemobilization

2.2. SupervisionSupervision ofof final final jobjob accordingaccording toto prepre--existentexistent agreementsagreements

ADDITIONAL TASKSADDITIONAL TASKS

•• ClosureClosure ofof thethe projectproject’’ss managmentmanagment cyclecycle

•• ManagmentManagment of of landownerslandowners’’ss access access authorizationsauthorizations

•• AssistanceAssistance onon EZ EZ holdingholding’’ss goodgood ofof uses uses reportingreporting

1.1. Attendance on works and tasks Attendance on works and tasks monitoringmonitoring––year 2007year 2007

Page 9: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

DrillingDrilling CurveCurve

Page 10: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

CasingCasing DesignDesign

Page 11: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Time Time DistributionDistribution

Page 12: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Rio Limay OFS S.A submits a comparative chart containing programmed AFE’s values Vs the actual ones.

CostsCosts

Page 13: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Directional drilling

““AA”” WELLWELL

Page 14: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

DirectionalDirectional DrillingDrilling ProgramProgram

Page 15: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

0

100

200

300

400

500

600

700

800

900

1000

1100

1200

1300

1400

1500

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21Días

Dep

th (m

bmr)

Directional Real

DirectionalProgrammed

Final Depth (MD): 1337 mts.

Bit Nº1: HTC , 12

New year`s Holiday. No running casing 9 5/8".

Bit Nº2: GT-C1 8 3/4" 3x14-1x12 /32”

Four dry-hole plugs

Reparair pump and Transmision

729 mts Circulation lost and lay down LWD

Bit Nº2: GT-C1 8 3/4" nozzle 3x14-1x12 /32”

DrillingDrilling CurveCurve

Page 16: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

270 m.

Casing design for temporary abandonment

4º Plug: 330-270 mts

3º Plug: 890-830 mts

2º Plug: 976-916 mts

1º Plug: 1337-1277 mts

Page 17: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Time Time DistributionDistribution

Page 18: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

0

100

200

300

400

500

600

700

800

900

1000

1100

1200

1300

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23Días

Prof

undi

dad

(mbm

r)

RealProgramada

CSG 9 5/8".Prof. Zapato: 327 mts

Trépano Nº1: HTC , 13 1/2" Boq. 3x16/32"

Trépano Nº2: GT-C1 8 3/4" Boq 3x14-1x12

Se perfora con perdidas parciales y totales

constantes.

915 mts Realiza Gel Cemento

Falta Personal y Camino Si

Profundidad final: 1120 mts.

DrillingDrilling CurveCurve

Page 19: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

TargetCoordinates

Rio Limay’s First proposal

Construction of Location by

Environmental Government

Department Order

““BB”” WELLWELL

Page 20: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Final Final CasingCasing DesignDesign

Ø CASING GUIA: 9 5/8”WEIGHT: 32.3 #/ft

WELL DEEP (estimated) :1120 mbbp

SHOE: 1108 mbbp

Top of cement: 705 mbbp

Ø CASING: 5 ½”WEIGHT: 15.5 #/pieTYPE: K 55

CASING SHOE: 300 mbbp

Ø WELL: 8 ¾ in

Ø CASING GUIA: 9 5/8”WEIGHT: 32.3 #/ft

WELL DEEP (estimated) :1120 mbbp

SHOE: 1108 mbbp

Top of cement: 705 mbbp

Ø CASING GUIA: 9 5/8”WEIGHT: 32.3 #/ft

WELL DEEP (estimated) :1120 mbbp

SHOE: 1108 mbbp

Top of cement: 705 mbbp

Ø CASING: 5 ½”WEIGHT: 15.5 #/pieTYPE: K 55

CASING SHOE: 300 mbbp

Ø WELL: 8 ¾ in

Page 21: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Time Time DistributionDistribution

Page 22: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

DrillingDrilling WastesWastes TreatmentTreatment

Page 23: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Total Project: 3 wells Río Limay submits a chart

containing the total value, the time lags & justifications.

Page 24: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

TOTAL AFE's PROJECT

7- DRILLING PARAMETERS1%

9-DIRECTIONAL SERVICE3%

6- RIO LIMAY OIL FIELD SERVICES MANAGEMENT4%

5- LOGGING SERVICE4%

4- CEMENTING SERVICE3%

3-MUD SERVICE3%

2- LOCATION AND ROADS14%

1- DRILLING RIG (includes movilization)34%

11- CLOSE MUD LOOP SYSTEM4%

12- CASING RUN SERVICE1%

13- CASING10%

14- BIT SERVICE1%

Contingencies9%

15- MISCELLANEOUS SERVICE1%

16- INDUSTRIAL WATER SERVICE2%

19- SEWER EFFLUENTS SERVICE1%18- DRILLING WASTER TREATMENT SERVICE

1%

10- MUD LOGGING SERVICE3%

Page 25: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

TOTAL REAL PROJECT

11- CLOSE MUD LOOP SYSTEM6%

13- CASING8%

15- MISCELLANEOUS SERVICE1%

16- INDUSTRIAL WATER SERVICE3%

18- DRILLING WASTER TREATMENT SERVICE

3%

10% contingencies8%

14- BIT SERVICE1%

12- CASING RUN SERVICE2%

9-DIRECTIONAL SERVICE2%

10- MUD LOGGING SERVICE3%

6- RIO LIMAY OIL FIELD SERVICES MANAGEMENT

5%

5- LOGGING SERVICE5% 4- CEMENTING SERVICE

2%

3-MUD SERVICE4%

2- LOCATION AND ROADS9%

19- SEWER EFFLUENTS SERVICE1%

1- DRILLING RIG (includes movilization)36%

Page 26: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

During project’s execution, Rio Limay evaluates the application of non conventional technologies to optimize

well’s development.

CONCLUSION AND IMPROVEMENT OPPORTUNITIES

Page 27: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

Hydraulic automatic Drilling Rig

Reduced Location

Page 28: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

SSnubbing completion and wells repairsnubbing completion and wells repairs

Non conventional technologies application

Page 29: Project: Three Three exploratory exploratory wells wells ... · Final position of wells coordinates. 1. Managment of landowners’s access authorizations 2. Topographer re- reposition

PPads design for multiple wellsads design for multiple wells