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Title Page 1 BURREN ENERGY Nebit Dag 3D Seismic Survey TIOGE – September 2003 TIOGE Presentation. September 2003 Slide 1 Location Map Of Nebit Dag PSA Location Map 2 N Change TIOGE Presentation. September 2003 Slide 2 Regional Structure Map Regional Structure Map 3 N TIOGE Presentation. September 2003 Slide 3 Stratigraphic Column Strat Column 4 •Akchagyl Muds provide the major top seal. •Principal reservoir unit is the Middle Pliocene Red Series. Characterised by finegrained, well cemented alluvial/coastal plain clastics. •Deep marine shales in the Oligo-Miocene Maikop are thought to be the principal source rock for this prospect. TIOGE Presentation. September 2003 Slide 4 Nebit Dag PSA Nebit Dag PSA Area 5 North Flank BURUN South Flank MONZHUKLY NEBIT DAG KARA TEPE URUNDZHUK 10 Km KYZYL KUM KUM DAG Oil Field 2003 3D Seismic Gas Field 1997 3D Seismic Gas Condensate Relinquished Area 1998 2D Seismic Prospects Nebit Dag PSA Other 2D Seismic TIOGE Presentation. September 2003 Slide 5 Nebit Dag PSA – Production Figures Nebit Dag PSA Production Figures 6 10.0 2,000 8.0 1,500 6.0 1,000 4.0 500 2.0 - Oil Cumulative (Million m3) Daily production of Oil, Water (m3) & Gas (Mm3) 2,500 0.0 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 Calendar TIOGE Presentation. September 2003 Slide 6 Main Activities In Nebit Dag PSA Nebit Dag PSA Activities Figures 7 1997 – 2002 •3D Seismic (165km2) Burun Field •2D Seismic (500km) Exploration Area •PHASE I: Drilling Coring and Logging 5 new wells •Program of well workovers and perforations – 3 workover rigs •Installation of gas lift facilities RESULT – Increase in oil production to over 1900mt/day Plans for 2003 •Continue well workovers and new perforations in Burun Field. •Extend 3D Seismic over remaining exploration area. •Commence PHASE II of drilling TIOGE Presentation. September 2003 Slide 7 S Why Shoot 3D? – Comparison Of 2D And 3D Lines Comparison of 2D and 3D Lines 8 1997 2D Line 004 2D Migration artifacts obscure reflectors and prevent fault delineation TIOGE Presentation. September 2003 N S 1998 Arbitrary 3d Line N Definition of both major and minor faults is greatly improved Slide 8 Why Shoot 3D? – 2D Seismic Interpretation 2D Horizon 9 Distances between 2D lines, combined with poor quality data adjacent to crestal structures, makes correlation of faults and horizons extremely difficult 2D Interpretation proves to be unsatisfactory Base Red Series. Horizon Map. 1998 2D Data TIOGE Presentation. September 2003 Slide 9 Why Shoot 3D? – 3D Seismic Interpretation 3D Horizon 10 3D data allows more complex structures to be precisely defined. Interpretation resembles structural models Top Red Series. Horizon Map. 1998 2D Data TIOGE Presentation. September 2003 Slide 10 Acquisition Parameters Acquisition Parameters 11 Sample rate Record length Group interval Source interval Bin dimensions Receivers 2 msec 7 sec 50 m 50 m 25 m x 25 m 12 geophones per station Source pattern (expl) 3 hole pattern, 6 m depth 5 hole pattern, 3 m depth (very soft terrain) 400-800 gm of Trotyl per hole 50,000 lb peak force - 4 in use at all times 12 sec 8-96 Hz 4 Charge size & type Vibrators Sweep length Sweep frequencies Sweeps per VP TIOGE Presentation. September 2003 Slide 11 Spread Geometry Spread Geometry 12 Spread geometry - Template 1 Ch 240 Receiver line interval 500 m Source line interval 500 m Number of receiver lines 6 Channels per line 240, centred on source salvo Nominal fold 36 Cross-line roll 3 receiver lines (1500 m) In-line roll 500 m Source configuration 10 shot salvo between 3rd and 4th line 1 Ch 240 10 Ch 1 Ch 1 Patch 1 Spread geometry - Template 2 (for core area of field) Ch 240 Ch 240 Ch 60 Receiver line interval Source line interval Number of receiver lines Channels per line Nominal fold Cross-line roll In-line roll Source configuration 500 m 500 m for primary lines 250 m between primary lines and ‘mini’ lines 6 primary lines 3 ‘mini’ lines 240, centred on source salvo 60, centred on source salvo for ‘mini’ lines 54 over core area covered by ‘mini’ lines 3 receiver lines (1500 m) 500 m 10 shot salvo between 3rd and 4th line 1 10 Ch 1 Ch 1 Ch 1 Patch 2 TIOGE Presentation. September 2003 Slide 12 Topography Topography 13 N Vyshka Monzhukly Kara Tepe Kum Dag Terrain type 1: Oilfield Installations 2003 Survey Boundary Terrain type 2: Sabkha Terrain type 3: Lake Terrain type 4: Gravel Plain/Sand TIOGE Presentation. September 2003 Road Major Pipeline Slide 13 Terrain Type 1 – Oilfield Installation Terrain Type 1 14 •Characterised by high density of pipelines, wellheads and phone/electricity masts. •Oil Spills present. •Acquisition exclusively by Vibrators. •PPV meter will establish safe acquisition distances. •Pre-planning is critical step to safe and efficient production. TIOGE Presentation. September 2003 Slide 14 Terrain Type 2 – Sabkha Terrain Type 2 15 •Characterised by soft muds topped with a brittle salt crust. •Vehicle access is a major issue. •Acquisition exclusively by explosives. •Decreased drilling efficiency for 5 x3 metre shotholes. •Portable rigs and hand carrying of equipment will be employed TIOGE Presentation. September 2003 Slide 15 Terrain Type 3 – Lake Terrain Type 3 16 •Characterised by large areas of standing water. •Average depth less than 1 metre. •Acquisition exclusively by explosives. •Saline water and oil spills will require increased equipment maintenance. •Portable rigs mounted upon flat-bottomed boats shall be employed TIOGE Presentation. September 2003 Slide 16 Terrain Type 4 – Sand Dune And Gravel Plain Terrain Type 4 17 •Characterised by flat gravel plain or sand dunes •Buried pipelines exposed. •Power cables close to surface in areas of sand deposition •Acquisition exclusively by vibrators. •Minimal bulldozing to protect fragile flora. TIOGE Presentation. September 2003 Slide 17 Satellite Map Satellite Map 18 Buildings Telegraph Poles Well Heads Roads Pipelines 100m High resolution satellite map will be used to ensure that safe acquisition distances are maintained and potential hazards are identified. TIOGE Presentation. September 2003 Slide 18 Ray Tracing Ray Tracing 19 Survey definition is critical for imaging deeper horizons Steeply dipping horizons at base of structure are sampled by far offsets only TIOGE Presentation. September 2003 Slide 19 Area Definition 20 Survey Area Definition S N Increased length of 2D spread and receiver lines provides consistent imaging of deep horizons. S TIOGE Presentation. September 2003 N 1997 3D survey edge is defined too close to southern limb of structure in SE corner. Slide 20 Final Seismic Definition 21 2003 3D Seismic Area Definition Survey boundary extended in North and South direction to successfully image steep dipping flanks of structure. Focus on pullapart basin for Eastern margin 2003 Seismic Survey Area. TIOGE Presentation. September 2003 Slide 21 Exploration Targets 22 Exploration Targets N S Hydrocarbon potential from Top Red Series to Base Red Series. Large channels seen alongside flanks of structure. Faulting observed below Base Red horizon. TIOGE Presentation. September 2003 Amplitude anomalies truncated against major faults Slide 22 Seismic Area Targets 23 2003 3D Seismic - Targets Terminations against major bounding faults. Often expressed as amplitude anomalies Pull apart Basin Major Channel displays good potential Focus on pullKum Dag Fieldapart basin for Eastern margin 2003 Seismic Survey Area. TIOGE Presentation. September 2003 Slide 23 PSA Area II 24 PSA And 2003 3D Seismic Area PSA Area TIOGE Presentation. September 2003 2003 Seismic Survey Area. Producing Fields. Slide 24 Summary Summary 25 •A new 3D Seismic Survey will further examine the potential of the Nebit Dag PSA •4 distinct terrain types will be encountered during acquisition. •Each terrain presents a unique challenge. •Obstacles such as pipelines, installations, sabkha etc will present a challenge to both acquisition and maintaining high HSE standards. •The survey area has been designed to produce optimal imaging of steeply dipping horizons located at the base of the strike slip structure. •A range of exploration possibilities are anticipated from the final processed dataset. •Total budget for the 2003 seismic survey (540km2) is $4,000,000. TIOGE Presentation. September 2003 Slide 25