UKCS Production Efficiency 2016 29 th November 2017 Duncan Sewell - - PowerPoint PPT Presentation

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UKCS Production Efficiency 2016 29 th November 2017 Duncan Sewell - - PowerPoint PPT Presentation

UKCS Production Efficiency 2016 29 th November 2017 Duncan Sewell Facilities Engineer Context OGA regulate, MERUK the legal influence, Central Obligation promote Asset 10 Stewardship Stewardship Expectations Strategy


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SLIDE 1

UKCS Production Efficiency

2016

Duncan Sewell Facilities Engineer 29th November 2017

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SLIDE 2

2016 Asset Stewardship Survey – Production Efficiency

Context

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

OGA – regulate, influence, promote MERUK – the legal ‘Central Obligation’ Asset Stewardship Strategy –

  • ne of the

‘Supporting Obligations’ 10 Stewardship Expectations (What, How and Why?) SE-05 Robust Project Delivery SE-06 Production Optimisation SE-08 Technology plans SE-09 Collaboration Implementation Guides

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SLIDE 3

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

OGA – regulate, influence, promote MERUK – the legal ‘Central Obligation’ Asset Stewardship Strategy –

  • ne of the

‘Supporting Obligations’ 10 Stewardship Expectations (What, How and Why?) SE-05 Robust Project Delivery SE-06 Production Optimisation SE-08 Technology plans SE-09 Collaboration Implementation Guides

slide-4
SLIDE 4

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

OGA – regulate, influence, promote MERUK – the legal ‘Central Obligation’ Asset Stewardship Strategy –

  • ne of the

‘Supporting Obligations’ 10 Stewardship Expectations (What, How and Why?) SE-05 Robust Project Delivery SE-06 Production Optimisation SE-08 Technology plans SE-09 Collaboration Implementation Guides

slide-5
SLIDE 5

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

OGA – regulate, influence, promote MERUK – the legal ‘Central Obligation’ Asset Stewardship Strategy –

  • ne of the

‘Supporting Obligations’ 10 Stewardship Expectations (What, How and Why?) SE-05 Robust Project Delivery SE-06 Production Optimisation SE-08 Technology plans SE-09 Collaboration Implementation Guides

slide-6
SLIDE 6

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

OGA – regulate, influence, promote MERUK – the legal ‘Central Obligation’ Asset Stewardship Strategy –

  • ne of the

‘Supporting Obligations’ 10 Stewardship Expectations (What, How and Why?) SE-05 Robust Project Delivery SE-06 Production Optimisation SE-08 Technology plans SE-09 Collaboration Implementation Guides

slide-7
SLIDE 7

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

OGA – regulate, influence, promote MERUK – the legal ‘Central Obligation’ Asset Stewardship Strategy –

  • ne of the

‘Supporting Obligations’ 10 Stewardship Expectations (What, How and Why?) SE-05 Robust Project Delivery SE-06 Production Optimisation SE-08 Technology plans SE-09 Collaboration Implementation Guides

slide-8
SLIDE 8

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

OGA – regulate, influence, promote MERUK – the legal ‘Central Obligation’ Asset Stewardship Strategy –

  • ne of the

‘Supporting Obligations’ 10 Stewardship Expectations (What, How and Why?) SE-05 Robust Project Delivery SE-06 Production Optimisation SE-08 Technology plans SE-09 Collaboration Implementation Guides

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SLIDE 9

2016 Asset Stewardship Survey – Production Efficiency

Production Efficiency History

UKCS Production Efficiency vs Production 2008-2016

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

  • Production efficiency

has risen to 73% in 2016

  • Production potential

holding steady

  • Target 80% by 2018
  • PE up 13% since 2012

low

  • PETF and other

initiatives bearing fruit

  • What will the 2017

survey reveal?

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SLIDE 10

2016 Asset Stewardship Survey – Production Efficiency

Hub level performance

Marathon Perenco

BP

Shell Repsol

  • 38% of hubs are now
  • ver the target.

This is an increase of 8% compared to 2015

  • That’s 35 out of 91

achieving or exceeding target, 56 not.

  • Hubs over target by

region

  • NNS 48%
  • CNS 40%
  • SNS 30%

UKCS Production Efficiency for each reporting hub

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco 20 40 60 80 100

Target

Production Efficiency %

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SLIDE 11

2016 Asset Stewardship Survey – Production Efficiency

There is currently a potential prize of an additional 160,000 boe per day equating to 59 mmboe a year from hitting an average PE of 80% in the UKCS. This prize grows to 220,000 boe per day (80 mmboe a year) if all hubs already over the 80% target remain at their current level whilst all hubs under raise their PE to 80% (equates to a PE of 83%)

The Prize

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SLIDE 12

2016 Asset Stewardship Survey – Production Efficiency

Focus on Losses

BP

Shell Repsol

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

Focus on the losses, 211 mmboe Where are they?

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SLIDE 13

2016 Asset Stewardship Survey – Production Efficiency

Production Losses

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CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

  • Plant losses remain

largest category but have now fallen for 5 years (60%)

  • Export losses (22%)

and well losses (17%) up in 2016

  • Export losses have

now risen for 4 years

  • Market losses (1%)
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SLIDE 14

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell Repsol

Top 10 Loss Categories

Covers 176 out of 211mmboe (>80%)

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SLIDE 15

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Shell

Top 10 Loss Categories

Covers 176 out of 211mmboe (>80%)

Topsides UK focus 74%

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SLIDE 16

2016 Asset Stewardship Survey – Production Efficiency

Apache

CNR Maersk Chevron

Total

Enquest Nexen

Dana

Centrica TAQA Conoco Marathon Perenco

BP

Repsol

‘Plant’ Loss Categories

60% of all production losses (126 mmboe)

  • TARs are included

in ‘Full Plant’

  • TAR over-runs
  • Wrench time
  • Isolations
  • Gas compression
  • Rotating

equipment

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SLIDE 17

220 mboe/d prize for raising underperformers to 80% PE

2016 Asset Stewardship Survey – Production Efficiency

Conclusions

Marathon

73% Production Efficiency. Good

  • progress. Much more to be done

Biggest impact by focusing on TARs, Plant and Terminals

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SLIDE 18