HYDROCARBON EXPLORATION OPPORTUNITIES IN THE 21ST CENTURY, UNITED KINGDOM J R V Brooks 1, S Stoker 2 & T D J Cameron 2 1 Department of Trade and Industry,

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Presentation transcript:

HYDROCARBON EXPLORATION OPPORTUNITIES IN THE 21ST CENTURY, UNITED KINGDOM J R V Brooks 1, S Stoker 2 & T D J Cameron 2 1 Department of Trade and Industry, UK 2 British Geological Survey British Geological Survey

TOTAL OIL, GAS AND CONDENSATE

UK ULTIMATE RECOVERABLE RESERVES

Continent-Ocean Boundary Rockall Trough ATLANTIC MARGIN Oil Field Condensate Field Gas Field California 500 km UK

UK is self-sufficient in oil and gas 204 offshore and 35 onshore fields currently producing :- 136 oil, 87 gas and 16 condensate Producing reservoirs: Pre-Devonian basement to Eocene Successful discretionary award scheme

Continent-Ocean Boundary Oil Field Condensate Field Gas Field Rockall Trough ATLANTIC MARGIN

UK PETROLEUM PROVINCES NORTH SEA OIL PROVINCE NORTH SEA GAS PROVINCE ONSHORE & IRISH SEA BASINS ATLANTIC MARGIN

Oil Field Condensate Field Gas Field Continent-Ocean Boundary Rockall Trough ATLANTIC MARGIN

NORTH SEA OIL PROVINCE

ESTABLISHED PETROLEUM PLAYS, NORTH SEA OIL PROVINCE

VIKING GRABEN VIKING GRABEN MORAY FIRTH MORAY FIRTH CENTRAL GRABEN CENTRAL GRABEN

NORTH SEA OIL PROVINCE Pre-rift: Devonian to Middle Jurassic - Carboniferous in Central Graben underexplored Syn-rift: Upper Jurassic to Lower Cretaceous - 35% - 40% of undiscovered reserves Post-rift: Upper Cretaceous to Eocene - Paleogene heavy oil reserves underexplored

SELECTED CREAMING CURVES, NORTH SEA OIL PROVINCE

VIKING GRABEN VIKING GRABEN MORAY FIRTH MORAY FIRTH CENTRAL GRABEN CENTRAL GRABEN

Oil Field Condensate Field Gas Field Continent-Ocean Boundary Rockall Trough ATLANTIC MARGIN

NORTH SEA GAS PROVINCE

PETROLEUM PLAY DISTRIBUTION, NORTH SEA GAS PROVINCE

NORTH SEA GAS PROVINCE Lower Permian discoveries still being made. The NW Europe fairway has ultimately recoverable reserves of 159 tcf Seven Carboniferous fields contribute 5% of UK gas production - fairway is in early stage of exploration

CARBONIFEROUS PLAYS, NORTH SEA GAS PROVINCE

CARBONIFEROUS PLAYS Majority of discoveries have been made in simple structural traps Recent successes in combined structural / stratigraphic plays, e.g. hanging wall traps Stratigraphic and deeper traps unexplored

Oil Field Condensate Field Gas Field Continent-Ocean Boundary Rockall Trough ATLANTIC MARGIN

UK ONSHORE AND IRISH SEA BASINS

UK ONSHORE AND IRISH SEA PETROLEUM PROVINCES Caernarfon Bay Basin Basin Cardigan Bay UK FRANCE

PETROLEUM PLAYS, CAERNARFON BAY BASIN, IRISH SEA

Oil Field Condensate Field Gas Field Continent-Ocean Boundary Rockall Trough ATLANTIC MARGIN

UK ATLANTIC MARGIN Continent-Ocean boundary Hatton Bank Wyville- Thomson Transfer FSB FSB Faroe- Shetland Basin

Oil Field Condensate Field Gas Field Continent-Ocean Boundary Rockall Trough ATLANTIC MARGIN

PETROLEUM PLAYS IN THE FAROE-SHETLAND BASIN

MID-EOCENE FAN COMPLEX, FAROE-SHETLAND BASIN Miocene inversion axis Rona Ridge FSB FAROES UK

PETROLEUM PLAYS IN THE FAROE-SHETLAND BASIN NEWLY DESIGNATED AREA

FAROE-SHETLAND BASIN Miocene inversion axis Rona Ridge FSB FAROES UK

PETROLEUM PLAYS IN THE ROCKALL TROUGH

UK ATLANTIC MARGIN Continent-Ocean boundary Hatton Bank Wyville- Thomson Transfer FSB FSB Faroe- Shetland Basin

PETROLEUM PLAYS IN THE HATTON BASIN

UK ATLANTIC MARGIN Continent-Ocean boundary Hatton Bank Wyville- Thomson Transfer FSB FSB Faroe- Shetland Basin

TOTAL OIL, GAS AND CONDENSATE

UK ULTIMATE RECOVERABLE RESERVES

HISTORICAL PREDICTIONS OF UK OIL PRODUCTION

UK daily production averaging 3MMBOE to 2010 Buoyant NW Europe economy Exciting potential for small, medium and large companies Government committed to facilitating innovative thinking, cost reduction and licence trading

ATLANTIC MARGIN

Around 65% of undiscovered reserves lie within 50 km of existing infrastructure Frontier basins of Atlantic Margin offer greatest potential for major new reserves - gas potential not yet assessed by DTI