Professional Documents
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Calculation Sheet
Calculation Title:
Group 1 KON1 Unit Technical Cost Estimation
Calculation Number: 243-RES-003
1.0 Objective
To generate Group one KON 1 Unit Technical Cost
2.0 References
2.1) Contingent resource Values of 5Bcf, 10Bcf, 20Bcf, 25Bcf and 50Bcf obtained from G and G volumetric estimation
3.0 Assumptions
4.0 Conclusion
4.1 Unit Technical cost Estimation
Transmission Exploration and Exploration and
Contingent
Unit Technical
Cost
Production Cost Production Cost
Cost ($/MMBtu) Resources (Bcf)
($/MMBtu/2Km)
($/Mcf)
($/MMBtu)
Average Values
0.000296885
1.7732
1.1826
0.9613
0.8874
0.7693
0.7103
1.7333
1.1560
0.9397
0.8675
0.7520
0.6943
1.7336
1.1563
0.9400
0.8678
0.7523
0.6946
5
10
20
25
50
100
5.0 Calculation
6.0 Attachments:
Revision
0
Date 5 September 2016
By
GM
Checked
GE
Approved
ID
Es
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Calculation Sheet
Calculation Title:
Group 1 KON1 Unit Technical Cost Estimation
Calculation Number: 243-RES-003
5.0 Calculation(Continued)
5.1 Group 1 KON1 Unit Capital Cost
Yearly
1
2
3
4
5
6
7
8
9
10
11
Total Gas
Total Gas
Delivered
Delivered from
from 2 wells
single well (Mscf)
(Mscf)
396,102
877,256
396,102
877,256
396,102
877,256
396,102
877,256
253,505
561,444
162,243
359,324
103,836
229,967
66,455
147,179
42,531
94,195
27,220
60,285
17,421
38,582
Qo
CI
0.88
1.75
2.63
3.51
4.07
4.43
4.66
4.81
4.90
4.96
5.00
0.504
0.548
0.582
0.610
0.627
0.637
0.643
0.647
0.649
0.651
0.652
CI = ao + a1 Qo 0.5 + a2 Qo
CI
Qo
a0, a1, a2
ao
a1
a2
Revision
0
Date 5 September 2016
By
GM
Checked
GE
Approved
ID
Es
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Calculation Sheet
Calculation Title:
Calculation Number:
5.0 Calculation(Continued)
5.1 Group 1 KON1 Transmission Cost
Years
1
2
3
4
5
6
7
8
9
10
11
Average
CT
CRF
MC
FC
CI
Q
L
m
n
i
Qo
0.88
1.75
2.63
3.51
4.07
4.43
4.66
4.81
4.90
4.96
5.00
CI
0.50
0.55
0.58
0.61
0.63
0.64
0.64
0.65
0.65
0.65
0.65
CT
0.00030554
0.00029941
0.00029728
0.00029618
0.00029571
0.00029547
0.00029534
0.00029526
0.00029521
0.00029518
0.00029516
3.78
0.61
0.00029688
Revision
0
Date 5 September 2016
By
GM
Checked
GE
Approved
ID
0.00030
7
5
150
0.61
3.78
2
30
30
8
0.650
0.600
0.550
0.500
0.450
0.400
0.88
1.75
2.63
3.51
4.07
4.43
4.66
4.81
4.90
4.96
5.00
Transmission Cost
0.00030800
0.00030600
Transmission
0.00030400
0.00030200
0.00030000
0.00029800
0.00029600
0.00029400
0.00029200
0.00029000
0.00028800
0.88
1.75
2.63
3.51
4.07
4.43
4.66
4.81
4.90
4.96
5.00
Es
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Calculation Sheet
Calculation Title:
Calculation Number:
5.0 Calculation(Continued)
5.1 Group 1 KON1 Capital Cost 5Bcf Exploration and Production
Category
a
a
a
Description
Separator
Control valve
Metering
Drilling (1 well)
Flowline
Total equipment cost (A)
'$000
Each
1,200
47
996
7,400
7,000
No of Items
2
3
3
2
2
400
0%
CAPEX distribution
Year
1
2
3
25
% total
50%
20%
30%
Total
Unit Technical Cost $/Mcf (CAPEX)
Unit Technical Cost $/MMBtu (CAPEX)
Revision
Date
By
Checked
Approved
0
5 September 2016
GM
GE
ID
'$000
Product
2,400
141
2,988
14,800
14,000
10,000
'$000
Total
% of total
34,329
77.4%
10,000
44,329
22.6%
100.0%
CAPEX / year
22,165
8,866
13,299
44,329
1.77
1.73
Es
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Calculation Sheet
Calculation Title:
Calculation Number:
5.0 Calculation(Continued)
5.1 Group 1 KON1 Capital Cost 10Bcf Exploration and Production
Category
a
a
a
Description
Separator
Control valve
Metering
Drilling (1 well)
Flowline
Total equipment cost (A)
2D Seismic Acquisition (Km)
CAPEX increment ( unforeseen expediture etc)
Total Exploration and production investment .
CAPEX distribution
'$000
Each
1,200
47
996
7,400
7,000
No of Items
2
3
3
4
2
400
0%
25
Year
1
2
3
% total
50%
20%
30%
Total
Revision
Date
By
Checked
Approved
1.18
1.16
10,000
'$000
Total
% of total
49,129
83.1%
10,000
59,129
16.9%
100.0%
CAPEX / year
29,565
11,826
17,739
59,129
0
5 September 2016
GM
GE
ID
'$000
Product
2,400
141
2,988
29,600
14,000
Es
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Calculation Sheet
Calculation Title:
Group 1 KON1 Gas Cost Estimation
Calculation Number: 243-RES-003
5.0 Calculation(Continued)
5.1 Group 1 KON1 Capital Cost 20Bcf Exploration and Production
Category
a
a
a
Description
Separator
Control valve
Metering
Drilling (1 well)
Flowline
Total equipment cost (A)
2D Seismic Acquisition (Km)
CAPEX increment ( unforeseen expediture etc)
Total Exploration and production investment .
CAPEX distribution
No of Items
2
3
3
9
2
400
0%
'$000
Each
1,200
47
996
7,400
7,000
25
Year
1
2
3
% total
50%
20%
30%
Total
Revision
Date
By
Checked
Approved
0.96
0.94
10,000
'$000
Total
% of total
86,129
89.6%
10,000
96,129
10.4%
100.0%
CAPEX / year
48,065
19,226
28,839
96,129
0
5 September 2016
GM
GE
ID
'$000
Product
2,400
141
2,988
66,600
14,000
Es
t.1
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a y p a se
h
Calculation Sheet
Calculation Title:
Group 1 KON1 Gas Cost Estimation
Calculation Number: 243-RES-003
5.0 Calculation(Continued)
5.1 Group 1 KON1 Capital Cost Exploration and Production
Category
a
a
a
Description
No of Items
Separator
Control valve
Metering
Drilling (1 well)
Flowline
Total equipment cost (A)
2
3
3
11
2
400
0%
CAPEX distribution
Year
1
2
3
'$000
Each
1,200
47
996
7,400
7,000
25
% total
50%
20%
30%
Total
Revision
Date
By
Checked
Approved
0.89
0.87
10,000
'$000
Total
% of total
100,929
91.0%
10,000
110,929
9.0%
100.0%
CAPEX / year
55,465
22,186
33,279
110,929
0
5 September 2016
GM
GE
ID
'$000
Product
2,400
141
2,988
81,400
14,000
Es
t.1
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Calculation Sheet
Calculation Title:
Group 1 KON1 Gas Cost Estimation
Calculation Number: 243-RES-003
5.0 Calculation(Continued)
5.1 Group 1 KON1 Capital Cost 50Bcf Exploration and Production
Category
a
a
a
Description
No of Items
Separator
Control valve
Metering
Drilling (1 well)
Flowline
Total equipment cost (A)
2
3
3
22
2
400
0%
CAPEX distribution
Year
1
2
3
'$000
Each
1,200
47
996
7,400
7,000
25
% total
50%
20%
30%
Total
Revision
Date
By
Checked
Approved
0.77
0.75
10,000
'$000
Total
% of total
182,329
94.8%
10,000
192,329
5.2%
100.0%
CAPEX / year
96,165
38,466
57,699
192,329
0
5 September 2016
GM
GE
ID
'$000
Product
2,400
141
2,988
162,800
14,000
Es
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Calculation Sheet
Calculation Title:
Group 1 KON1 Gas Cost Estimation
Calculation Number: 243-RES-003
5.0 Calculation(Continued)
5.1 Group 1 KON1 Capital Cost 100Bcf Exploration and Production
Category
a
a
a
Description
No of Items
Separator
Control valve
Metering
Drilling (1 well)
Flowline
Total equipment cost (A)
2
3
3
44
2
400
0%
CAPEX distribution
Year
1
2
3
'$000
Each
1,200
47
996
7,400
7,000
25
% total
50%
20%
30%
Total
Revision
Date
By
Checked
Approved
0.71
0.69
10,000
'$000
Total
% of total
345,129
97.2%
10,000
355,129
2.8%
100.0%
CAPEX / year
177,565
71,026
106,539
355,129
0
5 September 2016
GM
GE
ID
'$000
Product
2,400
141
2,988
325,600
14,000
1.8000
1.6000
1.2000
1.0000
0.8000
y = 1.6894x-0.502
0.6000
0.4000
0.2000
0.0000
5
10
20
25
Contingent Resources (Bcf)
50
100