Kuwait Energy
        
        
          EL-12-211107
        
        
          54
        
        
          The Mishrif Formation is of Middle Cretaceous age and at B9NE is approximately 2,200 ft
        
        
          (675 m) thick.  It consists mainly of massive, shallow marine carbonates.  Regionally, it is
        
        
          developed into two major facies: massive platform carbonates containing rudists, and a
        
        
          deeper marine facies of thinner bedded, fine-grained argillaceous limestone.  The B9NE
        
        
          field area is located on the platform close to its north-east edge, between the prolific
        
        
          Mishrif reservoirs of Halfayah, Majnoon and West Qurna in Iraq, and the much tighter
        
        
          basinal facies of Jufeyr in Iran.  The reservoir is dominated by foraminiferal and rudist
        
        
          packstones with some rudist-rich horizons.  Karstified intervals may also be present.
        
        
          Stacked, non-communicating reservoir sub-units or stratigraphic trapping (or both) are
        
        
          expected.
        
        
          The Lower Yamama Formation is of Lower Cretaceous age and at B9NE is nearly
        
        
          2,000 ft (600 m) thick.  It is regionally known as a massive oolitic to pellety limestone.
        
        
          The Formation is highly over-pressured and can be divided into Upper and Lower
        
        
          Members having significantly different reservoir pressure (this is reportedly a regional
        
        
          phenomenon).  Separate pressure regimes are expected within the Lower Member, and
        
        
          possibly in the Upper Member as well, with stacked, non-communicating reservoir sub-
        
        
          units and/or stratigraphic trapping.  There is apparently little evidence of structural faulting
        
        
          at the target horizons but reservoir compartmentalisation could be caused by areas of
        
        
          poorer reservoir quality that act as flow barriers.  However, these are not clearly defined.
        
        
          KE has created top Mishrif and Lower Yamama depth maps using a simple depth
        
        
          conversion.  The structure clearly extends across the border at both reservoir levels and
        
        
          the crest of the structure probably lies just within Block 9.  KE has used these maps to
        
        
          estimate the gross rock volume within Block 9 that is hydrocarbon bearing.  A range of
        
        
          possible OWC depths has been used based on reported ODTs.  The southern boundary
        
        
          of the reservoirs has been taken a short distance to the south of HOS-1 (Figure 3.7).
        
        
          Table 3.2 summarizes the deterministic STOIIP and GIIP estimates made by KE.  Gas
        
        
          volumes were estimated using an average GOR of 386 scf/stb for the Mishrif and
        
        
          1,700 scf/stb for the Lower Yamama.  GCA has audited these estimates and considers
        
        
          them to be reasonable, based on the limited data available to KE.
        
        
          
            TABLE 3.2
          
        
        
          
            STOIIP AND GIIP ESTIMATES, B9NE FIELD, BLOCK 9
          
        
        
          
            Reservoir
          
        
        
          
            STOIIP (MMBbl)
          
        
        
          
            GIIP (Bscf)
          
        
        
          
            Low
          
        
        
          
            Best
          
        
        
          
            High
          
        
        
          
            Low
          
        
        
          
            Best
          
        
        
          
            High
          
        
        
          Mishrif
        
        
          1,361
        
        
          2,612
        
        
          4,925
        
        
          525
        
        
          1,008
        
        
          1,901
        
        
          Lower Yamama Upper
        
        
          535
        
        
          1,057
        
        
          1,941
        
        
          909
        
        
          1,797
        
        
          3,300
        
        
          Lower Yamama Lower
        
        
          77
        
        
          255
        
        
          724
        
        
          131
        
        
          434
        
        
          1,230
        
        
          
            Total
          
        
        
          
            1,973
          
        
        
          
            3,924
          
        
        
          
            7,590
          
        
        
          
            1,566
          
        
        
          
            3,239
          
        
        
          
            6,432
          
        
        
          KE spudded the first exploration/appraisal well on 25
        
        
          th
        
        
          March, 2014 following de-mining of
        
        
          the well site and access areas.  It had reached a depth of approximately 1,300 m after
        
        
          35 days; drilling and data acquisition are expected to take 6-7 months in total.  De-mining
        
        
          continues and once this is completed, 3D seismic data will be acquired.  Further appraisal
        
        
          wells, which would also be used as development wells, are expected to be drilled in late
        
        
          2015/early 2016.  If all goes well, a formal FDP could be submitted in 2017.  KE believes
        
        
          that it may be possible to start production in 2016 through an early production facility,
        
        
          subject to regulatory approval.