Presentation is loading. Please wait.

Presentation is loading. Please wait.

Salym Field Development

Similar presentations


Presentation on theme: "Salym Field Development"— Presentation transcript:

1 Salym Field Development
Harry Brekelmans – CEO Salym Petroleum Development NV January 2009 SPE Moscow Monthly Meeting

2 OUTLINE Introduction Salym Field Development: Lessons Learnt The Film
Looking forward Q & A © Salym Petroleum Development N.V. All rights reserved

3 Introduction 50-50 Joint Venture between Shell Salym Development and Evikhon License awarded to JV partners in the 90’s Extensive negotiations followed to agree terms and conditions, coinciding with low price environment Project sanctioned in 2003 – at the time largest foreign onshore investment in Russia, with budget > 1 bln USD First development well drilled in West Salym in 2004 First oil through main facilities produced end 2005 Broke bbl/d production level in 2007 Today’s production around bbl/d © Salym Petroleum Development N.V. All rights reserved

4 Key Learnings Success founded on bedrock of best Russian talent and practices Select & focused introduction of IOC people, practices, technology Deep integration with contractors and suppliers Embedded in unique culture characterised by: Dynamism Learning Innovation Teamwork and Continuous improvement © Salym Petroleum Development N.V. All rights reserved

5

6 Q & A EVIKHON


Download ppt "Salym Field Development"

Similar presentations


Ads by Google