Welcome …

Celtic Petroleum Worldwide

http://www.celticpetroleum.com/basin_studies/black_sea.html

Presentation
March 2006

Black Sea & Environs

An Eight-Volume Basin Study
 Over 30 years experience in the Area
Publication by the Romanian Geological Survey of the PhD Thesis submitted at
Cambridge (1973) in which the terms of “Sub-Plate” and “Buffer Plate” were
introduced, alongside the 1st Tectonic Model of the Carpathians and the term
“Black Sea Sub-Plate”.

• Carpathians Volume (1999) • Tibet & Sinkiang Volume (2000)

Celtic Petroleum Worldwide

 Celtic’s Black Sea Basin Study

✖ Black Box / Panacea

Working Tool
✔ @ Working Scale
Coherent Format

✔ Added Value

✔ Conceptual Ideas

Celtic Petroleum Worldwide

 What Are We Trying To Achieve?

• The balance between the overview & the local structure

• The “devil” is in the detail

• Make NO mistake!

• Whilst one appears to offer a regional geodynamic view, therefore an

overview

• It is imperative to explore with the eyes focussed on the local

structure

• We ALL are soldier-explorationists determined to find hydrocarbons

(through an integrated approach)

Celtic Petroleum Worldwide

Political Factors
* Romania & Ukraine

• Serpent Island:
Compromise in dispute over offshore
demarkation line

• Romnaian-Ukrainian Presidential
Agreement (2006)

• Orange Revolution in Ukraine

• President Basescu - a mariner with

keen interest in the Black Sea

• New International Politics / “Axis”

Bucharest <> London <> Washington

Celtic Petroleum Worldwide

 Oil & Gas Pipelines
* Ukraine
(Dependence on Russian gas transit through Ukraine)

Celtic Petroleum Worldwide

 Oil & Gas Pipelines
* Romania
Projected Alternative O & G Supply Pipelines:
Constanta-Trieste Oil Pipeline doubled by Trieste-Constanta Gas Pipeline

Celtic Petroleum Worldwide

 Three-Pronged Approach
* What are we here to demonstrate ?

1. The advantage of Celtic’s Report

• Complementary over in-house or competitors reports
• That extra inch (mile?) that makes the whole difference

2. Value for money

• Not just quantity of selected information, but
• Quality of the Concept

3. Show Sample Data

• We are graphic
• Voyeuristic profession
• Stimulative
• Excited
• Ultimate climax - your purchase order

Celtic Petroleum Worldwide

 Why is Celtic Better Equipped?
*Historical Focus - Publications

• Article in “Nature”
First Plate Tectonics Model Carpathians

• Geophysical Journal of the Royal Astronomical Society

First Model of Black Sea Sub-Plate & first ever mention of “Buffer Plates” (non-
rigid lithospheric plates)

• Romanian Journal of Geophysics

• Petroleum Economist

• New Scientist

• Oil & Gas Journal

• Seminars, Invited Talks

World Bank, IFC, Geological Society (London), Dallas Geological Society, PESGB,
Oxford, Cambridge, etc

The Outcome?
New concepts of plate tectonics:
- Carpathians - The Black Sea - New type of Plates

Celtic Petroleum Worldwide

 The Black Sea
* Scientifically Exhilarating

• Classic Exploration Textbook Case - WHY?

• Destroyed old myths and misconceptions

• Integrated diverse (often contradictory) sources

• Came with new geological concepts

• NEW conceptual plate tectonics model for the Black Sea evolution

• Correlation between regional and local structures

• Correlation between sedimentation and deformation

• Geodynamic solution allows for good extrapolation from

the known to the unknown

Celtic Petroleum Worldwide

 Advantage

• Gain time (NO need of re-inventing the wheel)

• Favorable advantage over competitors (Conceptual)
• Instant management presentation
• Integrated view
– Geological
– Geophysical
• Geodynamic approach
• Relationship (regional to local)
• Save 95% of in-house costs

Celtic Petroleum Worldwide

 The Presentation

• Already Provided in URL:

http://www/celticpetroleum.com/basin_studies/black_sea.html
– Table of Contents
– List of Plates
• Dimensions
– Some Statistics • Different Scales
• Different types
• Tectonics, Stratigr.
• Now:
• Structural, etc
– Example of Field from Volumes 2 and 3 of Text
– Examples of Maps @ different scales & different aspects
• 1:2,000,000
• 1:1,000,000
• 1:500,000
• 1:250,000
– Examples of Montages (Structural, Stratigraphic, Location Maps,
Synoptic Tables, Palaeogeography, Plate Tectonics, Tectonics)

Celtic Petroleum Worldwide

 Three Volumes (Text)
* Statistics, Information & Keywords

Info & Statistics

- Geological Overview ( Vol. 1 ) Keywords

- O+G Fields ( Vol. 2 & 3 )
- Selected References ( Vol. 3 )  Coherence
 Critical Appraisal
Contain Illustrated A4 size Montages
 Selection Sources
 Translation
 Transliteration
 Bar Scales
 Mini Montages (A4)

 1,200 pages
 320 illustrations in text
 400 references

Celtic Petroleum Worldwide

Table of Contents
* List of Chapters

1: Introduction
2: Energy Supply and Demand
3: Tectonic History
4: Structural Geology
5: Stratigraphy and Palaeogeography
6: Petroleum Geology
7: Geophysics
8: Index of oil and Gas Fields & Prospects
9: List of Figures and plates
10: References

Celtic Petroleum Worldwide

 Table of Contents (Vol. 1)
* Chapter by Chapter (1-7/10)

1: Introduction 5: Stratigraphy & Palaeogeography

1.1 Report Format 5.1. Pre-Cambrian Stratigraphy
1.2 Data Sources 5.2. Cambrian Stratigraphy
5.3. Ordovician Stratigraphy
5.4. Silurian/Devonian Stratigraphy
2: Energy Supply and Demand 5.5. Carboniferous Stratigraphy
2.1. Introduction 5.6. Permian Stratigraphy
2.2. Former USSR (Ukraine, Russia, Georgia) 5.7. Triassic Stratigraphy
2.3. Romania 5.8. Jurassic Stratigraphy
2.4. Bulgaria 5.9. Cretaceous Stratigraphy
2.5. Turkey 5.10. Paleogene Stratigraphy
2.6. Black Sea Exploration Highlights (1970 to pres.) 5.11. Neogene Stratigraphy
2.7. Summary 5.12. Palaeogeography

6: Petroleum Geology
3: Tectonic History
6.1. Reservoir rocks
3.1. Crustal Form
6.2. Source Rocks
3.2. Permo-Triassic development
6.3. Traps and Prospectivity
3.3. Jurassic development
3.4. Cretaceous development
7: Geophysics
3.5. Tertiary development
7.1. Magnetic Data
7.2. Seismicity
4: Structural Geology 7.3. Heatflow
7.4. Seismics

Celtic Petroleum Worldwide

Table of Contents (Vols. 2 & 3)
* Chapter by Chapter (8-10/10)

8: Index of oil and Gas Fields and Prospects

8.1. Location maps
8.2. Main alphabetical index of Oil & Gas Fields
and prospects from A to M
8.3. Fields and prospects from N to Z
8.4. Supplementary Index of Oil and Gas
fields in Author order

CHAPTER 9: List of Figures and plates

CHAPTER 10: References

Celtic Petroleum Worldwide

Text - O & G Fields (vols. 2 & 3)

• Mini-Location Map

• O+G Statistical Info

 Date Discovery
 Porosity
 Permeability
 Water Saturation
 Stratigraphy
 Lithology of Pay zones
 TD, Production

• Mini Montage
 X-Section
 Well Log
 Stratigraphy
 Structural Map

• Sources

Celtic Petroleum Worldwide

 Structure of Oil and Gas Field Descriptives:

Field Descriptive (in Data Base Text) Field illustrations (A4 ) (in Database Text)

AA) Each Field Descriptive has the same format with

the headings listed below. BB) Wherever available, most fields would have at least
one illustration A4 size mini montage, facing the
A1) Field Name
page containing the field parameters. Such montages
A2) Region may vary from field to field and generally contain the
following illustrations:
A3) Discovery date
B1) Regional sketch location map
A4) Trap
B2) Name of field
A5) Reservoir/Lithology (Depth/thickness, Permeability,
Porosity, Water saturation, Temperature) B3) Geological cross-section (with index)

A6) Hydrocarbons (O/G, Reserves, Production, B4) Structural map of the pay zone with E/P wells
Hydrocarbon Characteristics)
B5) Composite log of the pay zone
A7) Comments
NOTE: apart from B1) and B2) any combination of B3), B4) and
A8) References B5) may be part of a A4 composite montage. The O/G fields
illustrations are complemented by maps and Montages in
volumes 4, 5,6, 7 and 8.
The fields are arranged in alphabetical order
(A to M in vol. 2 and N to Z in vol. 3) .

Celtic Petroleum Worldwide

 41 Plates
* Five Volumes 4, 5, 6, 7 & 8

Structural (TWT)
Surface Geology
O & G Fields/Structures Location Maps
Magnetic

Maps
Palaeogeography
Plate Tectonics

Montages Zooms Architecture & Location Maps

Fence Diagrams
Stratigraphic Montages
Synoptic Tables
Location Maps Comparisons
Geoseismic Montages

Celtic Petroleum Worldwide

Eurasian Plate Tectonic Evolution

Rhegmatic Lineaments @ 1:5M

Celtic Petroleum Worldwide

Celtic Petroleum Worldwide
Extent of 1:M and 1:2M scale Maps

Celtic Petroleum Worldwide

 Study Coverage

AREA SQ. MILES SQ. KMS

Black Sea 178,000 461,000

North Sea 222,000 574,980

Texas 266,807 691,027

Black Sea & Environs -
Area of detailed study 486,524 1,260,000

Celtic Petroleum Worldwide

Celtic Petroleum Worldwide
 List of Plates - Vols. 4 & 5

ENERGY SUPPLY
Oil & Gas Fields, Refineries,LNG Ports and Pipelines 1 1:2,000,000
STRUCTURAL GEOLOGY
B/S & Environs - Main Structural Provinces 1 1:5,000,000
Onshore Geology and Main Offshore Structural Provinces 1 1:1,000,000
ISOPACH / ISOBATH
Isopach Maps (L & U Cret,Paleoc-Eoc, Maykop, Post-Mkp) 5 1:2,000,000
Isobath Map (Top Mesozoic) 1 1:1,000,000
Isobath Map (Top Meocene) 1 1:2,000,000
Isobath Map (N. Black Sea Basement) 2 1:2,000,000
Isobath Map (Top-Middle Myikopian Res. Sds.) 1 1: 500,000
Isobath Maps (Azov Sea - Top,-Mid & Base Maykopian) 3 1: 500,000
Isopach Map (Azov Sea - Maykopian Isopach) 1 1: 250,000
Isobath Map (Kertch-Taman Top Maykopian Isobath) 1 1: 250,000
Isopach Map (Kertch-Taman Maykopian Isopach) 1 1: 250,000

Celtic Petroleum Worldwide

 List of Plates - Vols. 6 & 7

TECTONICS
3-D Regional Tectonics 1 1:1,000,000
Tectonic Units of the B/S 1 1:2,000,000
Plate Tectonic Evolution - Montage 2 Not Applicable
REGIONAL CROSS-SECTIONS
Regional Geoseismic Cross-Sections - Montages 3 Not Applicable
STRATIGRAPHY / PALEOGEOGRAPHY
Stratigraphic Correlations - Montages 3 Not Applicable
Paleogeography Montages 2 Not Applicable
GEOPHYSICS
Total Intensity Magnetic Anomalies 1 1:2,000,000

Celtic Petroleum Worldwide

 List of Plates - Volume 8

OIL POTENTIAL
Oil & Gas Fields of the Black Sea 1 1:1,000,000
Hydrocarbon Fields and Prospects (NW Shelf) 1 1:500,000
Oil & Gas Field Location Map (Crimea & Azov sea) 1 1:500,000
O & G Fields Location Maps (Kertch/Taman & Tarkhankut) 2 1:250,000
Potential Prospects Location Map (NE Shelf) 1 1:500,000
Crimea & Caucasus (Kertch-Taman) Potential Prospects 1 1:250,000
Location Map
Distrib L Cret Res Sds with Porosity > 10%(Crimea) 1 1:500,000
Future Hydrocarbon Potential Montage 1

Celtic Petroleum Worldwide

Structural Maps @ 1:1M Scale

Celtic Petroleum Worldwide

 North-Central Black Sea
Oil & Gas Fields & Structures
Location Map @ 1:250,000

Celtic Petroleum Worldwide

 Montages
• Synoptic Tables • Plate Tectonics (2) • Paleogeography (2)

Authors (Chronological Order)

Geol. Timescale (Tert. to Mesoz.)

Celtic Petroleum Worldwide

Montages: Stratigraphy with O&G Field Locations

Celtic Petroleum Worldwide

 The Breakdown & The Costs

• 8 Volumes

• 3 Volumes of Text (1,2 & 3)

• 5 Volumes of Plates (4,5,6,7 & 8)

• £39,000: { 41 large colour plates

{ > 1,200 pages
{ > 400 selected references
{ > 325 - A4 illustrations in text

Celtic Petroleum Worldwide

 Average Cost per Volume: @ £ 4,850

• What do you get for each Volume ?

• 5 Large Colored Plates (ca 1.4m X 1.2m/5ftx4ft)

• 150 pages Text

• 40 (A4) Illustrations in Text (mini-montages)

• 50 selected references

Celtic Petroleum Worldwide

 Or, for each £970, you acquire:

• 1 Large Colored Plate/Montage (ca 11 Sq.ft - 22 Sq.ft)

• 30 Pages Text

• 8 (A4) Illustrations in Text (mini-montages)

• 10 Selected Foreign References

Celtic Petroleum Worldwide

 Why You Should Buy Celtic
Petroleum’s Basin Studies

CELTIC PETROLEUM’S PRODUCTION COSTS … … £375,000

YOUR ASSUMED IN-HOUSE PRODUCTION COSTS…£750,000

8 VOLUME ACQUISITION … … £39,000

OR 5% OF YOUR IN-HOUSE
POTENTIAL PRODUCTIONS COSTS

OR A 95% SAVING

Celtic Petroleum Worldwide

A 95% SAVING …
 Thank You …
Find more info at:
http://www.celticpetroleum.com/basin_studies/black_sea.html

Celtic Petroleum Worldwide