The Oil and Gas Upstream Potential in Greece...The Oil and Gas Upstream Potential in Greece Hellenic...
Transcript of The Oil and Gas Upstream Potential in Greece...The Oil and Gas Upstream Potential in Greece Hellenic...
The Oil and Gas Upstream Potential in Greece
Hellenic Hydrocarbon Resources Management SA
Yannis Bassias 28 November 2017
President and CEO of HHRM
www.greekhydrocarbons.gr
ENERGY DEVELOPMENTS IN SE EUROPE : RIDING THE GLOBAL TRENDS
ESCP Europe Business School
November 28, 2017
The position of Greece in the Mediterranean
Western part of the Eastern Mediterranean - Eastern part of the Western Mediterranean
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
Western and South of Crete Blocks
WD at structure: 430 mTWT of structure: 950 msecStructure width: ca. 7 kmReefal carbonates “atoll type”, sealed by onlapping lagoonal seds. and Messinian Evaporites
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
Several tens
of million
years ago
Ionian Block - 2017
WD at structure: 1,590 mTWT of structure top: 2,9 secIsolated carbonate build up sealed by Neogene pelagic seds. and EvaporitesMax width: 9 km, 3 km each rimVarious channels to be observed
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
Acreage situation in November 2017
Ionian
Southwest
of Crete
West
of Crete
International Tenders
2017
Extend of the recent
geophysical coverage
in the Ionian and
Cretan Seas
Onshore and offshore
blocks awarded or
under ratification
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
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Thrusts
Transpression / Transtension
Wedge
Structurally
complex area
Carbonate
platform and reefs
The geological environments address distinct petroleum interests
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
Blocks awarded or under ratification process
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BLOCK 2TOTAL-HELPE-EDISON
BlLOCK 10HELPE
PATRAIKOSHELPE-EDISON
KATAKOLONENERGEAN OIL & GAS
BLOCK 1
PRINOSENERGEAN OIL & GAS HELPE-CALFRAC
NW PELOPONNESEHELPE
AITOLOAKARNANIAENERGEAN OIL &GAS
ARTA-PREVEZAHELPE
IOANNINAREPSOL
ENERGEAN OIL &GAS
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
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Structurally
complex area
Carbonate
platform and reefs
The platform and its eastern slope in the Ionian Sea
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
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Pre-salt targets southwest and west of Crete
Messinian salt
WMR
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
ΕΔΕΥ 29 Μαρτίου 2017ΕΔΕΥ 29 Μαρτίου 2017
Structurally
complex area
Carbonate
platform and reefs
Distinct geological environments in western and southern Greece
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
Western and South of Crete Blocks – 2017#3009
WD at main structure: 2,250 mTWT of main structure: 3,0 sec, associated by deeper structure occurrenceMain structure width: 2,4 to 2,7 km, secondary at least double sizeTWT Messinian Salt thickness: min. 100 msec (seal)Cretaceous carbonates erosional surface in green
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
Western and South of Crete Blocks – 2017#3011
WD at structure: 430 mTWT of structure: 950 msecStructure width: ca. 7 kmReefal carbonates “atoll type”, sealed by onlapping lagoonal seds. and Messinian Evaporites
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
South of Crete, new plays – 2017
WD at main structure: 3,500 mTWT of main structure: 5,2 secStructure width: ca. 7 kmOccurrence of shallower structuresReefal carbonates, sealed by onlapping fan seds. and Messinian Evaporites
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
Lead targets below the evaporites
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
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Messinian salt
WMR
Present and future geophysical coverage
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
Hellenic Hydrocarbon Resources Management S.A.
“A competent independent authority, exercising exclusively the Hellenic
Republic’s rights to hydrocarbon resources (i.e. managing upstream activities
and licensing)”
HHRM is a state company but not a NOC !
ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)
What is next ?
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ESCP London 28 November 2017 Hellenic Hydrocarbon Resources Management (HHRM)