Teca

Here is a structured outline for the profile:

Project Overview

Project Name: Teck Oil Project
Location: Specify the geographical location of the project.
Project Attributes: Include details such as the type of oil field, recoverable resources, and any other relevant project attributes.
Ownership Structure: Detail the ownership percentages of the project, if applicable.

Production Start Date: Specify the year and month when production from the project is expected to start.
Production Volumes:
- Oil Production: Annual base estimates of oil production in million barrels, including high and low estimates to describe the sample space for the relevant calendar year. This should account for both general reservoir uncertainty and operational uncertainty.
- Gas Production: Gross gas production in billion Sm³, if applicable.
- Water Injection: Volumes of water injected into the field in million m³, if applicable.
- Water Production: Volumes of water produced from the field in million m³, if applicable.

Oil Sales: Annual base estimates of oil sales, with uncertainty estimates if the project is in early stages (RC0+1 to RC4).
NGL and Condensate Sales: Annual base estimates of natural gas liquids (NGL) and condensate sales, if applicable.
Gas Sales: Profiles for saleable gas per gas year and per calendar year, including dry gas separated from liquids at the terminal and sold.

Capital Expenditures: Detailed breakdown of capital expenditures, including development costs, infrastructure costs, and any other significant investments.
Operating Costs: Annual operating costs, including tariffs, maintenance, and other relevant costs.

Environmental Impact: Details on the environmental impact of the project, including any measures to mitigate environmental effects.
Emissions: Data on greenhouse gas emissions and other pollutants associated with the project.
Waste Management: Information on how waste will be managed and disposed of.

Cost Profiles: Detailed profiles of investments, operating costs, and other costs associated with the project.
Revenue Profiles: Expected revenues from the sale of oil, gas, NGL, and condensate, including any other revenue streams.

Production Uncertainty: Details on the uncertainty related to production start dates and volumes, including both general reservoir uncertainty and operational uncertainty.
Operational Risks: Description of operational risks such as well drilling productivity, production capacity in processing facilities, etc..

Swaps/Borrowing/Deferral of Volumes: Details on any commercial agreements involving swaps, borrowing, or deferral of volumes, as described in chapter 6.3.5 of the reporting guidelines.

Milestones: Key milestones in the project timeline, including construction phases, commissioning, and expected completion dates.
Phased Development: If the project is being developed in phases, provide details on each phase, including timelines and expected outcomes.

Here is an example of how this might look in a more detailed format:

Production Start Date: Expected to start in Q2 2025.
Oil Production:
- Annual base estimate: 10 million barrels
- High estimate: 12 million barrels
- Low estimate: 8 million barrels
Gas Production: Not applicable.
Water Injection: 5 million m³ per year.
Water Production: 3 million m³ per year.

Oil Sales:
- Annual base estimate: 10 million barrels
- High estimate: 12 million barrels
- Low estimate: 8 million barrels
NGL and Condensate Sales: Not applicable.
Gas Sales: Not applicable.

Capital Expenditures:
- Development costs: $500 million
- Infrastructure costs: $300 million
- Total: $800 million
Operating Costs:
- Annual operating costs: $150 million
- Tariffs and other costs: $50 million

Environmental Impact: The project includes measures to minimize environmental impact, such as advanced water treatment and emission reduction technologies.
Emissions: Expected greenhouse gas emissions are estimated at 100,000 tonnes per year.
Waste Management: Waste will be managed through a combination of recycling and safe disposal practices.

Cost Profiles:
- Investments: $800 million (capital expenditures)
- Operating costs: $200 million per year
Revenue Profiles:
- Expected revenues from oil sales: $500 million per year (based on $50 per barrel)

Production Uncertainty: There is a 10% uncertainty in production start dates due to operational risks.
Operational Risks: Risks include well drilling productivity and production capacity in processing facilities.

Swaps/Borrowing/Deferral of Volumes: No such agreements are currently in place.

Milestones:
- Construction phase: Q1 2024 - Q1 2025
- Commissioning: Q2 2025
- Expected completion: Q3 2025
Phased Development: The project will be developed in two phases, with the first phase focusing on initial production and the second phase on expansion and optimization.