ECONOMIC ANALYSIS

Base Case

YEAR

YEAR
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014

ANNUAL OIL
ANNUAL OIL
PRODUCTION
PRODUCTION
(Sm3)
(bbl)
0
509883
3212262.9
1
649312.5
4090668.75
2
701645.9
4420369.17
3
706314.4
4449780.72
4
691367.7
4355616.51
5
630060
3969378
6
554070
3490641
7
468280
2950164
8
407210
2565423
9
353490
2226987
10
295600
1862280

Revenue (USD)
PV (USD)
256981032
256981032
327253500
303012500
353629533.6 303180327.16
355982457.6 282590352.08
348449320.8
120652.975
317550240
119357.558
279251280
975674.924
236013120
711388.676
205233840
881457.799
178158960
23835.7252
148982400
07677.5192
2200704256

The Net Present Value for base case is 2201 MUSD

NPV

Page 117

ECONOMIC ANALYSIS

NPV (USD)
256981032
559993532
863173859.2
1145764211
1401884864
1618004222
1793979897
1931691285
2042572743
2131696579
2200704256

116

NPV

Page 118

Net Present Value (NPV) for Different Surfactant Concentrations

3.50E+09

3.00E+09

2.50E+09

2.00E+09

NPV @ 10 Kg/m3
NPV @ 20 kg/m3
NPV @ 30 Kg/m3
NPV @ 40 kg/m3
NPV @ 50 kg/m3
NPV @ 60 kg/m3
NPV @ 80kg/m3
NPV @ 100kg/m3
Base Case (Without
Surfactant)

1.50E+09
Net
Present Value (MUSD)

1.00E+09

5.00E+08

0.00E+00
2002
-5.00E+08

2004

2006

2008

2010

Time (Years)

2012

2014

2016

Net Present Value for Different Well Configurations (10kg/m3 Surf Conc)
4.50E+09
4.00E+09
3.50E+09
3.00E+09
2.50E+09

NPV (USD)

2.00E+09
1.50E+09
1.00E+09
5.00E+08
0.00E+00
2002

2004

2006

2008

2010

2012

Time (Years)
Surfactant Injection with Original Wells
Surfactant Injection With Recompleted Wells and New Wells
Surfactant Injection With Original wells+ New Wells
Base Case (No surfactant)

2014

2016