G17cd-A

Project Overview

Project Name: G17cd-A Oil Project
Location: Specify the geographical location, including the country, region, and any relevant coordinates.
Operator: Name of the company or consortium operating the project.
Partners: List any other companies or entities involved in the project.
Discovery Year: The year in which the oil field was discovered.
Production Start Year: The year when oil production began.

Field Type: Whether it is an onshore or offshore field.
Geological Formation: Describe the geological formation where the oil is located, including the type of rock and the age of the formation.
Reservoir Characteristics: Details about the reservoir rock, porosity, permeability, and any other relevant geological features.
Water Depth (if offshore): The depth of the water at the project location.

Estimated Reserves: The estimated amount of oil reserves in the field.
Daily Production Capacity: The maximum daily production rate of the field.
Production Method: Describe the method used for extracting oil, such as primary recovery, secondary recovery (water injection), or enhanced oil recovery (EOR) techniques.
Infrastructure: Details about the production facilities, pipelines, storage tanks, and any other infrastructure supporting the project.

Investment Cost: The total investment required for the project, including exploration, development, and production costs.
Revenue Projections: Estimated annual revenue from the project based on current oil prices and production rates.
Break-Even Analysis: The point at which the project becomes profitable.
Funding Sources: Details on how the project is financed, including any loans, equity investments, or partnerships.

Environmental Impact Assessment: Summary of the environmental impact study, including potential risks and mitigation strategies.
Social Impact: Effects on local communities, including employment opportunities, community development projects, and any relocation or compensation plans.
Regulatory Compliance: Information on compliance with local and international environmental and social regulations.

Drilling and Completion: Details about the drilling and well completion techniques used.
Production Technology: Description of the technology used for oil extraction, processing, and transportation.
Safety Measures: Overview of the safety protocols and emergency response plans in place.
Maintenance and Upkeep: Strategies for maintaining the production facilities and ensuring continuous operation.

Exploration Phase: Timeline of exploration activities leading to the discovery.
Development Phase: Key milestones during the development phase, including the construction of infrastructure.
Production Phase: Important dates and milestones since the start of production.
Future Plans: Any planned expansions, upgrades, or new developments within the project.

Licensing and Permits: Details about the licenses and permits obtained for the project.
Regulatory Bodies: Names of the regulatory bodies overseeing the project.
Compliance: Information on how the project complies with local and international laws and regulations.

Estimated Reserves: 500 million barrels
Daily Production Capacity: 50,000 barrels per day
Production Method: Water injection for secondary recovery
Infrastructure: Includes a production platform, subsea wells, and a pipeline to a processing facility

Investment Cost: $5 billion
Revenue Projections: $1.5 billion annually at $70 per barrel
Break-Even Analysis: Expected to break even within 5 years of production
Funding Sources: Equity investments from partners and a $2 billion loan from a consortium of banks

Environmental Impact Assessment: Identified potential risks to marine life; mitigation includes regular monitoring and habitat restoration programs
Social Impact: Created 500 jobs during the construction phase; ongoing community development projects in nearby coastal towns
Regulatory Compliance: Compliant with all relevant U.S. and international environmental regulations

Drilling and Completion: Used advanced directional drilling techniques
Production Technology: Employing subsea production systems and real-time monitoring
Safety Measures: Implementing rigorous safety protocols and regular emergency drills
Maintenance and Upkeep: Scheduled maintenance every 6 months; continuous monitoring of equipment

Exploration Phase: 2012-2015
- Seismic surveys in 2012
- Exploratory drilling in 2013
- Discovery in 2015
Development Phase: 2016-2020
- Platform construction in 2017
- Installation of subsea infrastructure in 2018
- Completion of production facilities in 2019
Production Phase: Started in 2020
- Reached full production capacity in 2021
Future Plans: Planned expansion to include additional wells by 2025

Licensing and Permits: Obtained necessary permits from the U.S. Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Environmental Protection Agency (EPA)
Regulatory Bodies: BSEE, EPA, and the U.S. Coast Guard
Compliance: Compliant with all relevant U.S. federal and state regulations.