24.08 to 28.2009
Transcript of 24.08 to 28.2009
From Lobato to Tupi70 years of results and challenges
for People and Technology
From Lobato to Tupi70 years of results and challenges
for People and Technology
José Sergio Gabrielli de AzevedoPetrobras President
José Sergio Gabrielli de AzevedoPetrobras President
An exploratory “reality”: no oil fields in the paleozoic basins!
An exploratory “reality”: no oil fields in the paleozoic basins!
End of 1950’sEnd of 1950’sNational Production: 51.000 bopdNational Consumption: 220.000 bopdNational Production: 51.00051.000 bopdNational Consumption: 220.000220.000 bopd
19581958
Oilfields end of 50´s (Reconcavo basin)
Geologist and geophysicist need to search new exploratory areasLessons learned: Brazil and Petrobras needed Geologist and training program
Petrobras Training Process in the 50’s & 60’sPetrobras Training Process in the 50’s & 60’s
ForeignForeign BrazilianBrazilian
Beginning of Geology graduation courses in Brazilian UniversitiesBeginning of Geology graduation courses in Brazilian Universities
Petrobras and University of Bahia ConveniaPetrobras and University of Bahia Convenia
Specialization courses in USASpecialization courses in USA
Petrobras Geologist and Geophysicists (~300)Petrobras Geologist and Geophysicists (~300)
Petrobras PioneerGeophysicist
Petrobras PioneerGeophysical Observer
1957 First Graduation in Geology
Engineer-geologist
Petrobras First Brazilian Geologists Employees Petrobras First Brazilian Geologists Employees
CENAP Geologist and Geophysicist Students 1957
Petrobras in the beginning of Training and Research Activities
Carmópolis Fieldthe first giant
Carmópolis Fieldthe first giant
19631963
1960’s First Giant Result1960’s First Giant Result
CarmópolisCarmópolis
Middle 60’sMiddle 60’s
National Production: 93.988 bopdNational Consumption: 331.000 bopdNational Production: 93.988 bopdNational Consumption: 331.000 bopd
19651965
E&P Target: Exploration in onshore basins
E&P Target: Exploration in onshore basins
Buracica (BA)Buracica (BA)
Search of a New ExplorationScenario for Prospection
Geologist and Geophysicist must learn howto discovery oil in Offshore Sedimentary Basin
Technology and Training Program
End of 60´s
No perspectives for self-sufficiency
Technological Innovation
Petrobras made a Geophysical Prospection in a Regional Scale at Brazilian Continental Platform to map new exploratory prospects (Digital 2D Seismic)
To reveal the first Offshore Oil Prospects (Guaricema, Garoupa, Namorado,…)
Digital Technology and First Brazilian Processing Center (1968)
Petroleum industry worldwide start to incorporated Digital Technology to improve Seismic Resolution and Exploratory Results.
Base Base ofofCalumbiCalumbi Fm.Fm.
1-SES-11-SES-1
StructuralStructural mapmapBase Base ofof CalumbiCalumbi Fm. Fm.
11--SESSES--11
Guaricema Field (1-SES-1)The first offshore discoveryGuaricema Field (1-SES-1)The first offshore discovery
São Francisco São Francisco deltadelta
First oilfield discovered at Brazilian offshoreFirst oilfield discovered at Brazilian offshore
Bisol, 1968
1968
Moving to Campos basin - GaroupaMoving to Campos basin - Garoupa
The first discoveryAlbian CarbonatesThe first discoveryAlbian Carbonates
2D Seismic technology/interpretation revealed the first oilfield at Campos basin.
First oilfield Campos basin
1974
Namorado FieldThe first giant in turbidite reservoirs
Namorado FieldThe first giant in turbidite reservoirs
Campos Campos BasinBasin19751975
First Giant Offshore Results
2D Seismic interpretation revealed the first giant oilfield at Campos basin.The first result with Seismic Attribute Technology to identify reservoir with oil, like a Direct Hydrocarbon Identification (DHI).
Geologist and Geophysicist worldwide works to increase Exploratory Success Rate using 3D Seismic Technology
Petrobras Geologist and Geophysicist after Guaricema, Namorado e Marlim oilfields discovered start to use 3D seismic technology to address Self-Sufficiency challenge
End of 70´s
30 Campos basin oilfields discovered with 2D Seismic Technology
58 Campos basin oilfields discovered with 2D and 3D Seismic Technology
From Cherne (1978) to Tupi (2001)
Key technology for E&P3D Seismic Technology
Petrobras Geologist and Geophysicists (~700)
Continuing internal training programsContinuing internal training programs
Early 1980’s
1961 First Graduation in Geology
Engineer-geologist
Geologist and geophysicist worldwide and at Petrobras incorporated Digital and 3D Seismic Technologies increasing Exploratory Success Rate.
Self-Sufficiency Challenge require moreSelf-Sufficiency Challenge require more
Intensive training abroad:Geophysics Ph.D. programsAdvances on Stratigraphy and Seismic-StratigraphyCapacitation in turbidites - Field coursesKnowledge and people skill development in carbonatesTectonics and basin modelling
Intensive training abroad:Geophysics Ph.D. programsAdvances on Stratigraphy and Seismic-StratigraphyCapacitation in turbidites - Field coursesKnowledge and people skill development in carbonatesTectonics and basin modelling
Agreements between Petrobras and Brazilian UniversitiesMaster and Ph.D. programs on Geophysics, Petrology, Sedimentology.
Agreements between Petrobras and Brazilian UniversitiesMaster and Ph.D. programs on Geophysics, Petrology, Sedimentology.
Marlim, a giant in deep waters Marlim, a giant in deep waters
2,7 Billions barrels of reserves2,7 Billions barrels of reserves
• Geological Models for deep water siliciclastic systems supported seismic acquisition/processing in deep water
• Geological Models for deep water siliciclastic systems supported seismic acquisition/processing in deep water
Petrobras seismic processing technology (DEFANINST), shows that the original position of the first well at Marlim was placed not in the best position.
After seismic re-processing the RJS-219 well was placed in the discovery position.
1985
Petrobras Geologist and Geophysicists (~1,000)
With continuous internal training programsWith continuous internal training programs
Early 1990’s
Engineer-geologist
1961 First Graduation in Geology
1987 Petrobras Geologists & Geophysicist beyond 1,000
New geologist and geophysicist learned with experience of his colleagues. But, still had the challenge to search new exploratory opportunities, not
only in Campos basin. New sedimentary basin - new geological challenges!
Early 2000’s - Expanding Exploratory FrontiersEarly 2000’s - Expanding Exploratory Frontiers
Proved Reserves 2008 (SPE)Proved Reserves 2008 (SPE)
4D Seismic Technology at Marlim oilfieldA key technology for Petrobras´s E&P Strategic Recovery Program
Marlim oilfield recovery factor increasedfrom 35 to 65% due to 4D and
in-fill drilling program.
4D Seismic technologyallows reservoir managementto identify oil not yet produced. Water injection
Gas
Santos Basin: existing challenges in the middle 1990’s Santos Basin: existing challenges in the middle 1990’s
SESE
?? ? ? ?
NWNW
60006000
50005000
40004000
30003000
4702m4702m2D seismic line (time)2D seismic line (time)
The key question for geologists: was there a rift like Campos beneath the salt?The key question for geologists: was there a rift like Campos beneath the salt?
2D seismic quality, resolution and imaging was poor!How to identify Pre-Salt prospects?
Top KTop K
EvaporitesEvaporites
RiftRift
Late 90´s: delineation of the riftLate 90´s: delineation of the rift
5 km5 km
SESE
20002000
30003000
40004000
50005000
60006000
NWNW2D seismic quality, resolution and imaging were improved!
E&P first strategy: new acquisition and processing of 2D seismE&P first strategy: new acquisition and processing of 2D seismic data ic data
Seismic Quality, Resolution and Imaging became a crucial element to identify and to characterize Santos basin Pre-Salt reservoirs.
Pre-salt province : the dawn of a new eraPre-salt province : the dawn of a new era
++ --
Tupi Seismic Image: the first Brazilian Super GiantTupi Seismic Image: the first Brazilian Super Giant
70007000
60006000
50005000
40004000
30003000
20002000Loc.TUPILoc.TUPI
f.d.f.d.=6.000m=6.000m
Base Base saltsalt
Top Top SaltSalt
w.d.w.d.=2.140m=2.140m
2,0km2,0km
WW EE
Seismic Interpretation helped Petrobras to reveal reserves of 5 to 8 BBO
NNN
AreaArea: 1.974km: 1.974km22
IRACEMA
RJS628A
RJS646
6,3km
Iracema (NW) / Tupi (NE) Iracema (NW) / Tupi (NE) structuralstructural complexcomplex
3D Seismic Structural Map of Tupi3D Seismic Structural Map of Tupi
Base of SaltBase of Salt
ForeignForeign BrazilianBrazilian
E082
3
Geologists and Geophysicists in Petrobras (~1,500)Geologists and Geophysicists in Petrobras (~1,500)
Training 2003/2008Total investments (US$)
Brazil: 120 MM Abroad: 24 MM
Training 2003/2008Total investments (US$)
Brazil: 120 MM Abroad: 24 MM
Petrobras Geophysical Main Current Projects
Data Acquisition (> 20,000 km2 of new data):- 4D Ocean Bottom Cable Seismic (~1,100 km2)- 4D High Resolution Data Seismic (~10,000 km2)- 3D High Resolution Data Seismic (~9,000 km2) Tupi new seismic HR data.- 3D Offshore Exploratory Data- 3D Rio Urucu Project (Amazonas)- 05 Onshore Seismic Crew (Potiguar, Reconcavo, Se-Al)- 01 Eletromagnetic Acquisition Project
Data Processing (BR world center of seismic processing):
Data Interpretation (high level of geological knowledge):
- In-house seismic processing 3D and 4D projects- Two New dedicated 4D Seismic Processing Centers- New In-house seismic algorithm and methodologies in development- Breakthrough technology in computer infrastructure
- More than 250 geophysicists interpreter working at E&P- Development of new seismic attributes algorithm- 3D and 4D seismic interpretation projects in the most important oilfields
Petrobras Partners
Partnership with service companies to achieve plannedresults in E&P projects
Impressive record of accelerating development Impressive record of accelerating development
Discovery of giant fields in Campos Basininc. Albacora/Marlim
Discovery of the Pre-salt, including Parati (2006)
Number of years
Production since foundingof Petrobras (1954)
12 y
ears
22 y
ears
16 y
ears
27 y
ears
45 y
ears
54 y
ears
Discovery of Garoupa in theCampos Basin (1974)
People and technology are crucial for Petrobras projects!
Carefully crafted spending program to support our visionCarefully crafted spending program to support our vision
Business Plan 2008-12
26%
1%2%
6%
4%2%
59%
E&P
RTC
G&E
Petrochemicals
Biofuels
Distribution
Corporate
US$ 112.4 billion
65.129.6
6.74.3 2.6
1.52.5
Business Plan 2009-2013
25%
2%2%
7%3%
2%
59%
E&P
RTC
G&E
Petrochemicals
Biofuels
Distribution
Corporate
US$ 174.4 billion
104.6 (*)43.4
11.8
5.6 3.02.83.2
PN 2009‐13 | Brazil/International
91%
9%
158.2
16.2
Brazil
International
US$ 174.4 billion
US$ 17.0 billion
allocated to Exploration
Pursuing new projects while maximizing production from existing assetsPursuing new projects while maximizing production from existing assets
Petrobras Total Production (000 b/d)
8.8% p.y.2,4002,3082,3052,2232,0272,042
1,8121,637
5.6% p.y.
5,729
3,655
2,757
7.5% p.y.
232252 251 265
274 277 273 321463
634
161 168163 142 126 124
142
210
409
131
223
3,920
2,6802,0501,8551,7921,7781,6841,4931,5401,5001,335
1,177
3544
10310010910196
94852324
2001 2002 2003 2004 2005 2006 2007 2008 2009 2013 2020
Oil production ‐ Brazi l Ga s producti on ‐ Bra zil Oil Product ‐ Internationa l Ga s Product ‐ Inte rna tiona l
Pre-salt oil productionPre-salt oil production
8731,183160
463
632
157 422
62
2013 2015 2017 2020
Pre‐Salt Petrobras Pre‐salt Partners
Petrobras Pre‐saltOil Production (000 b/d)
2009-2013 2009 -2020
Petrobras Total Pre-salt Capex (Production Development) 28.9 111.4
Santos Basin Pre-salt 18.6 98.8
Espírito Santo Pre-salt (includes post-salt fields) 10.3 12.6
Pre‐salt Capex Through 2020
219
1,336
1,815
582
Production increase followed by increase in domestic oil products marketProduction increase followed by increase in domestic oil products marketm
bpd
208 214 230 257326 332 367 419250 218 255 24684 89 118 179738 783
9011224119 107
112
150
182 202274
4002,301 2,400
3,655
5,729
1,7921,855
2,680
3,920
2007 2008E 2013E 2020E
Others
Fuel Oil
Diesel
Jet Fuel
Naphtha
Gasoline
LPG
Oil Production in Brazil
Oil and Gas Production inBrazil and Abroad
1,906 1,945
2,257
2,876
7,5% p.a.
REPLANRevamp33 M bpd
2010
RNE230 M bpd
2011
REPARRevamp
25 M bpd2011
UPB150 M bpd
Dec/2012
Premium I(600 M bpd) e
Premium II (300 M bpd)
1st Phase: 20132nd Phase: 2015
Clara CamarãoRefinery2010
Petrobras research center: technological innovation for the next decadesPetrobras research center: technological innovation for the next decades
GAS Y ENERGY
+ 2,332 km of gas pipelines until 2010+ 19 new power plants+ 1,236 MW until 2010+ GNL Terminal
+ 307 km of gas pipelines+ new compression stations;
+ 2 LNG terminals (Terminal Regás-Flex)+ natural gas power plants
1st investment cycle(until 2010)
2nd investment cycle(2011 on)
- 26 offshore terminals, operated by means of monobuoys or buoys arrays- 20 land terminals.- 20 onshore terminals.- Total Investments in logistics : US$ 3.7 billion between 2009-2013
(pipelines and terminals);
TERMINALS
BIOFUELS Strategy:
To establish a global presence in the biofuels segment, with a
particular focus on biodiesel and ethanol
.
16%
84%
Etanol Biodiesel
PN 2009-13US$ 2.8 BILLION
GAS & ENERGY, TERMINALS AND BIOFUELS PROJECTS
Petrobras research center: technological innovation for the next decadesPetrobras research center: technological innovation for the next decades
Environment
Renewable Energy
andBio Fuels
Natural Gas
Frontier Areas
Basin Modeling
Heavy Oil
Optimization &
Reliability
Deep and Ultra-deep
Waters
Fuel Innovation
Refining
Climate ChangesTransportatio
n
Enhanced Oil
Recovery
Pre-salt
Technological programs
Partnership with over 120 universities and research
centers in Brazil, and 70 Institutions abroad.
Investments in Technology2009-2013
47%
23%
5%
25%
E&P Downstream
G&E Corp. (Cenpes)
1.90.2
1.0
0.9
US$ 4.0 billion
Challenges for geologist and geophysicist
To find supergiant and giant oilfield is NOT impossible!
To discovery small and middle size oilfield with production facilities established could be very good business.
Companies with more than 300 oilfields need always to optimize fields Recovery Factor with new update technology.
For search new exploratory frontiers and for optimize the recovery factor we need geologist and geophysicist with knowledge, motivation and open mind for new technologies.
Keep the integration between Geologist and Geophysicist skills is a key value of Petrobras E&P expertise.
ConclusionConclusion
The successful history of petroleum exploration and production of Petrobras
was marked by paradigms breaks: hard work, determination, and competence
are the key elements.
Breaking paradigms is facing risks. Definitively Petrobras is not a risk-aversion
company.
The human mind, birthplace of creativity and knowledge and its continuous
development are the most valuable assets of Petrobras exploratory and
production process
The successful history of petroleum exploration and production of Petrobras
was marked by paradigms breaks: hard work, determination, and competence
are the key elements.
Breaking paradigms is facing risks. Definitively Petrobras is not a risk-aversion
company.
The human mind, birthplace of creativity and knowledge and its continuous
development are the most valuable assets of Petrobras exploratory and
production process
ConclusionConclusion
The geologic and geophysical knowledge is the technical foundation for
Petrobras exploratory and production investments. It is based on the continuous
evaluation of Brazilian sedimentary basins as a whole, not only blocks. It is
supported by efficient training and technological development.
The commitment to Brazil and the Brazilian people is on the basis of Petrobras
employee enthusiasm.
Geophysical Technology and Geophysicist Community commitment are
fundamental elements for Petrobras E&P Activity.
The geologic and geophysical knowledge is the technical foundation for
Petrobras exploratory and production investments. It is based on the continuous
evaluation of Brazilian sedimentary basins as a whole, not only blocks. It is
supported by efficient training and technological development.
The commitment to Brazil and the Brazilian people is on the basis of Petrobras
employee enthusiasm.
Geophysical Technology and Geophysicist Community commitment are
fundamental elements for Petrobras E&P Activity.