Capex & Opex9834865

CAPEX & OPEX Estimation
of Two Production Scenarios

Proposed for Kifl Oil Field
Overview of an Integrated Field Development -Zubair Reservoir in
the Kifl Oil Field
Formation Evaluation & Fault model & pillar Reservoir model & History
well log interpretation gridding matching
Well and Network model Production scenarios & proposed

Economic Evaluation CapEx, OpEx,
drilling well
Cash flow, and NPV
Contents
 Area of study
 Objective
 Data and software
 CapEx and OpEx Identification
 Project Workflow
 Drilling profile
 Well pad group
 Production Facility
 Oil & Gas Pipelines
 Results
Area of study
 Kifl Oil Field is located in central Iraq between the
governorates of Najaf and Karbala, 125km southwest of
Baghdad, 20km west Kifl, 40km south of Karbala
 Field was discovered in 1960 and showed oil in several
geological formations, including the Nahr Umr and
Zubair formations.
 Four wells (one exploration and three appraisals) were
drilled in the field in order to assess the oil
accumulation and production potential of its reservoirs.
 Oil production rate from Zubair reservoir was 5600
STB/d of KF-1 well and 232 STB/d of KF-4 well.
Objective
CAPEX & OPEX estimation of the two proposed production scenarios
of the Zubair reservoir in the Kifl oil field.
Data and software Required
• QUE$TOR Q1/2015 Software
• Field development plan data
CapEx and OpEx
Capital expenditures cost (CapEx)
In the oil field the cost related to the equipment, materials, and construction costs for Drilling, Well pad groups,
Production facility, Storage and export, and Pipelines.
Operating expenditure cost (OpEx)
Operating costs are split into direct and indirect costs illustrated as follows.
 Operating personnel
 Inspection and maintenance
Direct Cost
 Logistics and consumables
 Well maintenance
 Insurance
 Field/project costs
 Tariff costs Indirect cost
 CO2 emission taxes
 Lease costs
Project Workflow
Project properties
Field Level Data
Production Profile
Concept selector
Project properties
Main
product • oil
Location
• Middle
east /Iraq
Procurement • Cost
strategy
Database
Field Level Data
Field characteristics1 Case-1 & Case-2
Reservoir Pressure ( psi) 3076
Reservoir Depth (m) 2000
Field length (km) 10
Field width (km) 10
Field elevation (m) 60
Gas oil ratio (SCF/STB) 345

Field Level Data-Fluid Data
API
26.6
H2S
20700 ppm
Fluid CO2
1%
Data
Gas MW
30.02 g/mol
Production Profile
Cases Case-1 Case-2
Recoverable reserves MMSTB 14 14.2
Number of drilled wells 11 15
Oil production rate STB/D 15000 20000
Productivity MMbbl/well 1.27 0.95
Initial water cut % 16 17
Peak well flow Mbbl/d 15 20
Production Profile (CASE-1)
Production Profile (CASE-2)
Concept selector
-Well pad group to the main production facility
Drilling profile
• The form allows the type, bottom hole location (as defined by the
TVD, horizontal shift, and horizontal section length), profile type,
completion and drilling duration of each well to be specified
individually.
• Vertical wells
• Horizontal wells
• Multilateral wells
Drilling profile of CASE-1
Drilling profile :four available Drilling
Profiles; Build and hold (BH), Build
and drop (BD), Horizontal at TVD and
Vertical.
Drilling profile of CASE-2
Prod. host: specifies that the well
Prod. multi.: the well Class C rig : An international light-duty rig capable
is a multilateral
will be used to host multilateral
of drilling deviated wells to a measured depth of
production well drilled production wells.
3,000 metres (10,000 ft).
from the host.
Well pad group
• The well pad group component lists all of the well pads, wells, well
location equipment, and flowlines required to connect to a
production facility.
Well pad group- Equipment
Equipment Case-1 (15 Mbbl/d) Case-2 (20 Mbbl/d)
Manifold 3 manifold 3 manifold
Multiphase meter at test separator and production at test separator and production
(0-6)(6-20) Mbbl/d manifold manifold
test separator one test separator one test separator
pig launcher One pig launcher One pig launcher
Flowline materials CRA depends on fluid properties, CRA depends on fluid properties,
H2S, and CO2 H2S, and CO2
Flowline 3 km Length, 4,6-inch Diameter, 7 3 km Length, 6-inch Diameter, 9

( Length, Diameter, flow capacity) and 8 Mbbl/d flow capacity and 11 Mbbl/d flow capacity
Production Facility
Oil Processing
Produced water
Products export
Product storage
Power
Civils
Oil Processing – Case-1
using the Peng-Robinson equation of state based on user-defined operating conditions and an inlet stream defined
by the oil Specific Gravity, gas molecular weight, and gas/oil ratio (specified in the Field level data).
T= 34 C
P=27 bar
Water content in = 16%
Gas flare/fuel
T= 90 C
P= 1.5 bar
WC= 0.3 %
WC= 10%
∆T= 56 C
P=7.25 psia water treatment
WC= 5% 211 ppm to 0.07 ppm
Gas processing
Water Treatment
Oil Processing –Equipment parameters
Equipment Case-1 Case-2
Product Storage
Products export
Oil Pipeline
Gas Pipeline
Results-Operating Cost
Capital Cost

Capex & Opex9834865

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CAPEX & OPEX Estimation

of Two Production Scenarios

Well and Network model Production scenarios & proposed

Field Level Data

Field characteristics1 Case-1 & Case-2

Reservoir Pressure ( psi) 3076

Reservoir Depth (m) 2000

Field length (km) 10

Field width (km) 10

Field elevation (m) 60

Gas oil ratio (SCF/STB) 345

Flowline 3 km Length, 4,6-inch Diameter, 7 3 km Length, 6-inch Diameter, 9

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