ConocoPhillips · NYSE:COP
ConocoPhillips — Technical Presentation (April 2003)
29 slides from ConocoPhillips's technical presentation, April 2003
Slide 1: A Focus On Balance
A Focus On Balance A Novel Approach Taking the Phillips Optimized Cascade LNG Process Into the Future Prepared for AIChE Spring National Meeting April 2003, New Orleans LNG I – Operation and Reliability AIChE 2003 Spring National Meeting
Slide 2: Presentation Agenda
Presentation Agenda Introduction Setting the Perspective Current Phillips Optimized Cascade LNG Process An Alternate Approach Furthering The Approach Conclusions AIChE 2003 Spring National Meeting
Slide 3: Introduction - Variables To Balance
Introduction - Variables To Balance - Variables – CAPEX – OPEX • Availability, Reliability, Maintainability, Production Efficiency, Onstream Factor, Capacity Factor • Thermal Efficiency – Schedule Analysis – Life Cycle Cost • RAM Analysis – NPV More Difficult Concepts – Process Stability, Proc
Slide 4: Introduction - Defining the Variables
Introduction - Defining the Variables - CAPEX – Include Entire Integrated Facility • Battery Limit Through Storage & Loading, Including Utilities – Total Installed Cost Basis - Exclude Owner’s Cost Thermal Efficiency – (HHV Products)/(HHV Feed)*100 – All Products – Entire Facility Including Offs
Slide 5: Introduction - Defining the Variables Continued
Introduction - Defining the Variables Continued - Availability (Up Time/Total Time) – Calculation: MTTF/(MTTF + MTTR + Mean Logistics Delay)*100 – Useful for Comparing Total Downtime of Various Options, Critical Sparing Philosophy, and Other Downtime Related Variables Production Efficiency – Cal
Slide 6: Introduction - Balancing the Variables
Introduction - Balancing the Variables - Iterative Economic Solution – Multiple Options – Simultaneous Marketing Analysis – Environmental Impact Development – Mechanical Design Specifications – Equipment Vendor Alliances & Preferences – Management, Operations, Rotating Machinery Preferences – Sche
Slide 7: Setting The Perspective
Setting The Perspective Historical & Current Overview of Technology In Consideration AIChE 2003 Spring National Meeting
Slide 8: Early Phillips Optimized Cascade Process
Setting the Perspective - Early Phillips Optimized Cascade Process - Feed Gas Plant Fuel Gas Fuel Compressor Gas Propane Ethylene Methane Conditioning Refrigerant Refrigerant Refrigerant Marine LIQUEFACTION LNG Storage Facilities LNG Shipping AIChE 2003 Spring National Meeting
Slide 9: Kenai Alaska Facility
Setting The Perspective - Kenai Alaska Facility - AIChE 2003 Spring National Meeting
Slide 10: Improvements Over Early Design
Setting The Perspective - Improvements Over Early Design - Elimination of Fuel Gas Compression Heavies Removal Integration Improved Heat Integration Optimized Cold Box Configuration Improved Plant Layout and Constructability Open Loop Methane Cycle – Reduction in Vessels & Exchangers – B
Slide 11: Current Simplified Block Flow Schematic
Setting The Perspective - Current Simplified Block Flow Schematic - Feed Fuel Gas Plant Distribution Fuel Gas Propane Ethylene Methane Vapor Conditioning Refrigerant Refrigerant Refrigerant Recovery Ship Vapors LNG Storage Marine LIQUEFACTION & LPG RECOVERY and Facilities Loading LPG LPG Product(s)
Slide 12: Phillips Optimized Cascade LNG Process
Setting The Perspective - Phillips Optimized Cascade LNG Process - AIChE 2003 Spring National Meeting
Slide 13: Simplified Driver Configuration
Setting The Perspective - Simplified Driver Configuration - T/C T/C T/C T/C T/C T/C 50% 50% 50% 50% 50% 50% Gas Propane Ethylene Methane Storage & Conditioning Cycle Cycle Cycle Loading 100% 100% 100% 100% 100% Overall Plant Availability >95% – Kenai – Over 33 Years Operation – Atlantic – Over 4 Y
Slide 14: Typical Balancing Act Results
Setting The Perspective - Typical Balancing Act Results - CAPEX – Grass Roots ~ $200-250/MTPA – Multiple Trains < $200/MTPA – < 3% Contract Variations – Under Budget Schedule – All Projects Ahead of EPC Schedule Thermal Efficiency – Up to and Over 93% Availability – ~ 98% and Over Producti
Slide 15: Atlantic LNG Facilities
Setting The Perspective - Atlantic LNG Facilities - AIChE 2003 Spring National Meeting
Slide 16: Egyptian LNG Project
Setting The Perspective - Egyptian LNG Project - AIChE 2003 Spring National Meeting
Slide 17: Darwin LNG Project
Setting The Perspective - Darwin LNG Project - AIChE 2003 Spring National Meeting
Slide 18: An Alternate Approach
An Alternate Approach Minimize Gas Turbines and Integrate Waste Heat Recovery AIChE 2003 Spring National Meeting
Slide 19: Single Turbines & Waste Heat Recovery
An Alternate Approach - Single Turbines & Waste Heat Recovery - HR SG GE-7EA C3 C3 M HR SG GE-7EA C2= C2= M Stm Turb C1 C1 C1 AIChE 2003 Spring National Meeting
Slide 20: Basis For Study
An Alternate Approach - Basis For Study - Study Performed Using PDC – LNG Product Development Center Base Case – Atlantic Train 2 Conditions – Feed and Ambient Conditions Fairly Typical Multiple Driver/Compressor Configurations – Compared Against Base Case AIChE 2003 Spring National Meeting
Slide 21: Balancing Act Result Positives
An Alternate Approach - Balancing Act Result Positives - CAPEX – ~ $200/MTPA (For Case Studied) Schedule – Assume Accurate EPC Schedule Thermal Efficiency – 93+% Production Efficiency – ~ 93% Capacity Factor – Assume > 1 (Predicted Production > Design Production) AIChE 2003 Spring National
Slide 22: Balancing Act Result Negatives
An Alternate Approach - Balancing Act Result Negatives - Decreased Process Flexibility – No Two-Train-In-One Reliability – Complicated Steam System – Single Shaft Turbines • Loss of Speed Control • Longer Startup Sequence • Low Compressor Case Pressure Required for Startup Note 1: Supplemental p
Slide 23: Furthering The Approach
Furthering The Approach Rebalancing the Variables Minimize Gas Turbines, Integrate Waste Heat Recovery & Maintain Historical “Two-Train-In-One” Reliability AIChE 2003 Spring National Meeting
Slide 24: Add "Two Train In One" Reliability
Furthering The Approach - Add “Two Train In One” Reliability - HR SG GE-7EA C3 C2= M HR SG GE-7EA C3 C2= M Stm Turb C1 C1 C1 Stm Turb C1 C1 C1 AIChE 2003 Spring National Meeting
Slide 25: Balancing Act Result Positives
Furthering The Approach - Balancing Act Result Positives - CAPEX – Marginal Increase over Alternate Approach Above – ~ $200/MTPA (For Case Studied) – ~ 16% Decrease on TDC Basis From Base Case Schedule – Assume Accurate EPC Schedule Thermal Efficiency – 93+% Production Efficiency – ~ 95% Í A
Slide 26: Balancing Act Result Negatives
Furthering The Approach - Balancing Act Result Negatives - Decreased Flexibility Over Multiple Dual Shaft Turbine Designs – Complicated Steam System But With Higher Reliability – Single Shaft Turbines • Loss of Speed Control • Longer Startup Sequence • Low Compressor Case Pressure Required for Sta
Slide 27: Conclusions
Conclusions Cost Competitive, Flexible Solution With Waste Heat Integration Configuration Using GE Frame 7EA’s – For Feed Conditions Considered, Applicable From 3.5 to 5.5 MTPA • No Power Augmentation Other Than Starting Torque Requirements Considered & No Vapor Or Liquid Expanders Considered.
Slide 28: Conclusions - Continued
Conclusions - Continued Environmentally Friendly Option – Less Point Sources for Emissions – Recovery of Thermal Energy Advantages Over Cogeneration Options – Large Electrical Motors Are Not Required – No Complicated Electrical Distribution – Power Directly Coupled to Refrigeration Shaft Easil
Slide 29: THANK YOU
THANK YOU AIChE 2003 Spring National Meeting