Slide 1: ASX fax cover: Origin Operational Review and Asset Visit Presentations
For personal use only To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 31 October 2013 From Helen Hardy Pages 60 Subject Origin Operational Review and Asset Visit Presentations Please find attached a release on the above subject. Regards Helen Hardy Company Secretary 0
Slide 2: Origin Operational Review and Asset Visit
For personal use only Origin Operational Review and Asset Visit 31 October and 1 November 2013
Slide 3: Important Notice
Important Notice The information and opinions contained in this presentation are intended solely for your personal reference and are strictly confidential. This presentation may not be used or relied upon by any other party, or for any other purpose, and may not be reproduced, disseminated or quoted
Slide 4: Important Notice
Important Notice Statements about past performance are not necessarily indicative of future performance. Except as required by applicable law or the ASX Listing Rules, the Relevant Persons disclaim any obligation or undertaking to update any forward looking statements, whether as a result of new inf
Slide 5: Australia Pacific LNG – CSG Production
For personal use only Australia Pacific LNG – CSG Production Presented by Ross Evans Group Manager, Exploration Appraisal & Development, QLD CSG Origin Operational Review and Asset Visit 31 October 2013
Slide 6: Origin is responsible for the upstream program for Australia Pacific LNG
Origin is responsible for the upstream program for Australia Pacific LNG, leveraging over 16 years of CSG production experience … For personal use only • APLNG is the only company that has prime acreage in both of the Queensland CSG “sweet spots” • APLNG Phase 1 targets those sweet spots for initial
Slide 7: APLNG's reserves base continues to expand
APLNG’s reserves base continues to expand, with 3P reserves of 16,155 PJe and an additional 3,644 PJe of 2C contingent resources For personal use only PJe APLNG Reserves and Resources 25,000 20,000 2C = 3,644 15,000 Ramp & tail 3P = 16,155 Gas 1 10,000 T1 ~ 5,000 2P = 13,382 QGC GSA ~ 640 5,000 Dome
Slide 8: Regional Geology APLNG permit
Regional Geology APLNG permit For personal use only Permian Fairways Permian permeability Sweetspot Permian CSG fields Conventional & CSG Denison Trough fields Walloon CSG fields Permeability & net coal Sweetspot Regional Seismic Section Walloon Fairway 4|
Slide 9: Regional Geology
Regional Geology Combabula Condabri Talinga Tipton Western Platform Balonne Nose Taroom Trough Undulla Nose Moonie High For personal use only Present Day Walloon Springbok Moolayember Hutton Base Jurassic Seismic travel time Base mid Triassic Bandanna/Tinowon/Baralaba Key features • Major structural
Slide 10: To the north … Fairview Scotia
To the north … Fairview Scotia Spring Gully Peat Western Platform Balonne Nose Taroom Trough Undulla Nose Moonie High For personal use only Present Day Deeper erosion of section Surface Seismic travel time Base mid Triassic Bandanna/Tinowon/Baralaba Key features • Major structural elements • Major u
Slide 11: Regional Geology - Depositional history creates key differences
Regional Geology - Depositional history creates key differences For personal use only Spring Gully Coal Continuity Walloon Coal Variability Spring Gully coal seams are continuous Walloons coal seams are thinner and the over many 10’s or possibly 100’s of packages which contain the seams vary in kilo
Slide 12: The sweet spots demonstrate world-class reservoir properties
The sweet spots demonstrate world-class reservoir properties For personal use only What makes a good CSG producer 1. High net effective coal thickness 4. High permeability 2. Laterally extensive coals 5. Shallow depth (low cost to drill) 3. High gas content saturation 6. Low CO2 content TJ/day 2.5 2
Slide 13: APLNG has secured more prime CSG acreage
APLNG has secured more prime CSG acreage... For personal use only • Successful Gazettal bid, May 2013 grant date. • Bolt-on acreage adjacent to existing Condabri (PL265, 266, 267) development areas. • 76km2 prime Undulla nose acreage • High likelihood of reserves booking after initial exploration dr
Slide 14: Exploration and Appraisal is progressing as planned
Exploration and Appraisal is progressing as planned Operating pilots across APLNG acreage in the Surat Basin and Northern Denison Trough For personal use only Green – pilot wells online Blue – E&A wells drilled Increase in APLNG operated E&A well execution since late 2012 10 |
Slide 15: Technology trials underway to deliver Phase 2 improvements
A number of technology trials are underway to deliver Phase 2 improvements Horizontal Wells For personal use only Production Enhancement Drilled at Spring Gully and on production Pad Drilling • 38 production enhancement trials conducted to date, more planned for 2014 Drilling in 1Q2014 11 |
Slide 16: Production History
Production History For personal use only 400 Spring Gully Spring Gully Spring Gully Talinga 350 Ph 1 & 2 Ph 3 & 4 Ph 5 & 6 Ph 1 300 250 Denison, Peat and Moura Since 1990s 200 TJ/Day 150 100 50 0 Talinga Spring Gully Kenya Fairview Denison Trough Peat Moura 12 |
Slide 17: Maximum well deliverability considerably higher than current production
Maximum well deliverability considerably higher than current production levels indicate … For personal use only • The operated wells to be drilled for Phase 1 are expected to produce around 1,200 TJ/d1, with an additional 200 TJ/d1 from non-operated assets • Current operated well production is aroun
Slide 18: Well Production, Deliverability & Turn-down
Well Production, Deliverability & Turn-down Dewatering For personal use only Stable Production Stage Stage Decline Stage • Typical phase 1 well forecast to have: – peak gas rate 1-2 TJ/d Production Rate – peak water rate 500-1000 Gas bbl/d – approx 50-70% of well’s reserves produced within first 5 y
Slide 19: Condabri drilling has been progressing well
Condabri drilling has been progressing well 30 For personal use only 25 Net coal thickness (m) 20 • 267 Condabri wells drilled to date 15 10 • 195 Condabri wells completed 5 to date 0 Predicted Observed • 14 Condabri wells 300 commissioned and producing Wells Drilled to date 250 Wells Completed 200
Slide 20: Early Condabri water rates encouraging
Early Condabri water rates encouraging... by only Flow test results 4500 More Productive Chart shows water 4000 production rate observed during the completion use 3500 operation rate (bbl/d) tested 3000 This provides an indication completion rig of ultimate well personal 2500 performance 2000 Taling
Slide 21: Thank you
17 | For personal use only Thank you
Slide 22: APLNG Project - Upstream Delivery
For personal use only APLNG Project - Upstream Delivery Presented by Adrian Lang Project Director Origin Operational Review and Asset Visit 31 October 2013
Slide 23: Upstream Project Goals
Upstream Project Goals 1 • Health and Safety For personal use only • Zero Harm 2 • Environment and Land • Honour our Commitments 3 • Safe & Operable Production System • Automation from central control room 4 • Project within schedule and budget • On track to support LNG trains 5 • Team effectiveness
Slide 24: Upstream Operations are like a factory
Upstream Operations are like a factory For personal use only Optimise PJ / yr Produce Plan Scale & continuous improvement applied to repeatable processes Land Operate reduces execution risk and Access drives costs lower Connect Drill Complete 3|
Slide 25: Upstream land, environmental and stakeholder management is progressing
Upstream development land, environmental and stakeholder management is progressing For personal use only Lease acquisition Progress of Approvals, Gathering and Drilling as at 30 September 2013 1200 1000 198 Drilling and completion 800 669 649 Gas and water gathering 600 400 789 200 427 448 0 Approva
Slide 26: Upstream development implementation - Drilling and Completion
Upstream development implementation - Drilling and Completion For personal use only • Drilling and completions managed as a manufacturing process • Cost reductions leveraged through technology and scale • Hybrid coiled tubing and automated drilling rigs – Minimal disturbance leases – Rapid deploymen
Slide 27: Upstream development implementation – Phase well progress
Upstream development implementation – Phase 1 well progress For personal use only Spring Gully Miles Chinchilla Combabula Condamine Western Gas Fields (Spring Gully/Combabula) September 2013 Eastern Gas Fields (Condabri/Talinga) September 2013 6|
Slide 28: Upstream development implementation - Gathering
Upstream development implementation - Gathering • Installation of cable, gas and water High Density For personal use only Polyethylene (HDPE) pipe to wells through trenching operations • 3 contractors constructing simultaneously across a wide geographical area • Construction practices continuously b
Slide 29: Upstream development implementation – Facilities
Upstream development implementation – Facilities • 13 (out of 15 total) compressor trains arrived in Brisbane. Last 2 trains completed and For personal use only ready for shipment • First 12 gas plant pre-assembled module trains shipped from Thailand, last 3 trains due for completion end of year • C
Slide 30: Upstream development implementation - Pipeline
Upstream development implementation - Pipeline For personal use only • Pipeline design features: 360 km 42-inch main trunk line and 160 km lateral pipelines to gas fields with 50 year design life • 84% complete at the end of September 2013 • Land access, clearing and stringing for mainline complete
Slide 31: Upstream development implementation - Electrification
Upstream development implementation - Electrification 132 kV Network For personal use only Powerlink contract executed, project planning well underway. “Wandoan South to Eurombah Transmission Project” 275 kV Powerlink Network on schedule and well advanced. Western Region electrification “Columboola
Slide 32: Upstream development implementation - Water Solutions
Upstream development implementation - Water Solutions For personal use only • Talinga Condabri System – Landowner Irrigation Scheme – Pumping stations at Condabri and Talinga (Monreagh) – Storage Dam (Monreagh) approximately 1,900 ML at Talinga WTF control panels complete – Access to landholders wit
Slide 33: Condabri Development
Condabri Development Water Camps Treatment For personal use only Facility & Feed Pond Gas Plant Vegetation Switchyard Buffer Brine Ponds Q100 Flood Limit 12 |
Slide 34: Upstream Project progress - 50% complete and on track
Upstream Project progress - 50% complete and on track at 30 September 2013 For personal use only FY2014 Upstream Operated Goals Actual Progress to 30 September Plan First gas and water production from Q1 Accomplished Condabri Central (eastern area) 500 wells drilled Q2 On Track: 448 wells drilled 29
Slide 35: Thank you
For personal use only Thank you
Slide 36: APLNG Project – Downstream Delivery
For personal use only APLNG Project – Downstream Delivery Presented by David Hayter Deputy Project Director, Downstream Project Origin Operational Review and Asset Visit 1 November 2013
Slide 37: Curtis Island designated as an LNG precinct
Curtis Island has been designated as an LNG precinct with the full support of the State and Federal governments For personal use only 2|
Slide 38: APLNG Downstream Facilities
APLNG Downstream Facilities Liquefaction of natural gas is an established technology, with project design based on the Darwin LNG project which has operated since 2006 For personal use only Curtis Island site overview • Two trains of 4.5 MTPA capacity, consisting of: – 6 General Electric (GE) Model
Slide 39: Origin assurance processes around the LNG Downstream Project
Origin assurance processes around the LNG Downstream Project Execution For personal use only • Working with shareholders through the APLNG joint venture structure and its various sub-committees to provide direction and Strategise support to the project team • Continuous engagement between operator a
Slide 40: Downstream project current status - Engineering
Downstream project current status - Engineering For personal use only • Overall engineering progress on the Downstream project is ahead of plan and nearing completion • The final piping isometric drawings were issued in August 2013 • Monitoring of Factory Acceptance Testing remains a major activity,
Slide 41: Downstream project current status - Procurement
Downstream project current status - Procurement For personal use only • Procurement is over 80% complete, ahead of plan • Structural steel and pipe spools continued to be delivered to the Curtis Island construction site and the Batam Module yard • Major deliveries to Curtis Island since January 2013
Slide 42: Downstream project current status - Construction
Downstream project current status - Construction For personal use only LNG TRAINS MODULE FABRICATION, INDONESIA • All Train 1 refrigeration compressors are set. • 25 of 46 Train 1 & OSBL modules completed and Inlet and exhaust infrastructure is being shipped erected. All large bore pipe erected unde
Slide 43: Resourcing
Resourcing >2,200 people at Curtis Island – 1,500 people currently staying For personal use only • • >3,600 people at Batam Module Yard in Indonesia (peak will be sustained until year end, then decline) • Curtis Island peak workforce expected to exceed 3,500 personnel (two trains) starting 1Q 2014 •
Slide 44: Downstream Project progress - 54% complete and on track
Downstream Project progress - 54% complete and on track at 30 September 2013 For personal use only FY2014 Downstream Operated Goals Actual Progress Plan Final Train 1 refrigeration compressor Q1 Accomplished set Accommodation camp complete Q1 Accomplished Complete Train 2 compressor table Q2 Accompl
Slide 45: Port of Gladstone Overview
Port of Gladstone Overview For personal use only APLNG CURTIS ISLAND Gladstone QCLNG (BG) GLNG (SANTOS) Brisbane FLNE CELL 3 MARINA & RG TANNA GOONDOON STREET BENSTED ROAD 10 |
Slide 46: Fishermans Landing Northern Expansion (FLNE)
Fishermans Landing Northern Expansion (FLNE) Passenger Terminal & RoRo Ramp For personal use only 11 |
Slide 47: Fishermans Landing Northern Expansion (FLNE)
Fishermans Landing Northern Expansion (FLNE) Bund Wall For personal use only 12 |
Slide 48: Curtis Island Site, September 2013
Curtis Island Site, September 2013 For personal use only 13 |
Slide 49: Curtis Island Site – September 2013
Curtis Island Site – September 2013 For personal use only Construction Facilities Accommodation Village RO/RO Control & Ramp Utilities Maintenance Ferry & Rock Causeway Train 2 Train 1 MOF Tank B Tank A LNG Jetty 14 |
Slide 50: Trains & Outside Battery Limits (OSBL)
Trains 1 & 2 & Outside Battery Limits (OSBL) – September 2013 For personal use only Train 2 Main North-South Pipe Rack Train 1 Power Generation 15 |
Slide 51: Trains & OSBL – September 2013
Trains 1 & 2 & OSBL – September 2013 For personal use only 16 |
Slide 52: Trains Compressor Building – September 2013
Trains 1 Compressor Building – September 2013 For personal use only 17 |
Slide 53: Train Area – September 2013
Train 2 Area – September 2013 For personal use only 18 |
Slide 54: LNG Tanks – September 2013
LNG Tanks – September 2013 For personal use only 19 |
Slide 55: Temporary Worker Accommodation Facility – September 2013
Temporary Worker Accommodation Facility – September 2013 For personal use only 20 |
Slide 56: Permanent Buildings – September 2013
Permanent Buildings – September 2013 For personal use only Main Control / Administration Building Maintenance Shop / Laboratory Building 21 |
Slide 57: LNG Jetty – September 2013
LNG Jetty – September 2013 For personal use only 22 |
Slide 58: Batam Module Yard, Indonesia – September 2013
Batam Module Yard, Indonesia – September 2013 For personal use only 23 |
Slide 59: Key Module Yard Packages
Key Module Yard Packages For personal use only 101DA 101DB 101JA 24
Slide 60: Thank you
25 | For personal use only Thank you