Petroleum Management Essay

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CCOP-PPM PROJECT The 3rd PPM Seminar September 2004, Chiang Mai, Thailand Presentation of the Non-Case Study Host Countries: VIETNAM By Mr. NGUYEN VAN DAC PPM National Coordinator PetroVietnam OUTLINE Introduction Experiences from PPM workshops Disseminations of PPM case studies Development of marginal fields Conclusion and recommendation 1 INTRODUCTION VIETNAM participates in the following PPM case study workshops: 1st China-Chengdu, October 2003. Trinh Xuan Cuong Tạ Vinh Hien 2nd Philippines-Manila, January2004. Bui Thieu Son 2nd Indonesia-Bandung, March 2004. Nguyen Trong Tin Ngo Thi Viet Nga 3rd Cambodia- Siem Reap, March-April 2004 Nguyen Manh Huyen Nguyen Ngoc Hoan 2nd China-Chengdu, May 2004 Trinh Xuan Cuong Nguyen Xuan Thanh 3rd Philippines-Baguio, Aug 2004 Nguyen Quang Bo Bui Thieu Son We would like to thank the CCOP for giving us opportunity to participate in the PPM case study workshops. We would like to also thank the host countries for the hospitality during the case study workshops and field trip EXPERIENCES FROM PPM WORKSHOPS The workshop topics are very interesting and beneficial, especially the following issues: The system of petroleum contracts (fiscal regime evaluation). Impact of fiscal regime (Taxes, Profit Sharing, Cost Recovery...) on petroleum project. Prospect/play analysis, segment analysis and the full-cycle economic analysis. Using the software GEO-X for risk analysis and hydrocarbon potential assessment. Exchange ideas, experience and sharing knowledge: Petroleum Management and Policy of Norway and China Experiences from exploration, field development and production, especially tight gas sandstone reservoirs in the Western depression of Sichuan basin Offshore field development options and strategy Capex and opex estimation 2 Challenges

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