Projects
Success Stories of Panafrican Energy Services Group
Financial Valuation of CI-11 Block - Synergies Consulting (2020, Côte d'Ivoire)
- Client: Synergies Consulting
- Project: Financial Valuation of CI-11 Block
- Location: Côte d’Ivoire
- Description: Panafrican Energy Services Group (PESG) was tasked with the financial valuation of the CI-11 block. The objective was to determine the Net Present Value (NPV) considering both proven and probable reserves, while also accounting for the necessary investments to extend the production lifespan of the Lion and Panthère fields.
- Outcome: PESG successfully completed the valuation, which included detailed analysis of the technical operations costs and associated risks, providing a clear financial outlook for the CI-11 block.
Slickline Operations Campaign - Petroci CI-11 (2021, Côte d'Ivoire)
- Client: Petroci
- Project: Slickline Services
- Location: Côte d’Ivoire
- Description: PESG conducted a comprehensive slickline operations campaign aimed at fishing, gas lift valve replacement, and scrapping on multiple wells.
- Outcome: The operation resulted in a tripling of hydrocarbon production, marking a historic first for Petroci CI-11 as the campaign’s costs were fully amortized between its commencement and conclusion.
Workover Campaign Terms of Reference - Petroci CI-11 (2022, Côte d'Ivoire)
- Client: Petroci
- Project: Development of Terms of Reference for Heavy Workover Campaign
- Location: Côte d’Ivoire
- Description: PESG analyzed data from each well within the CI-11 block and proposed a detailed action plan aimed at extending the lifespan of the fields.
- Outcome: A comprehensive technical specification and detailed cost estimation for the planned workover actions were successfully developed.
Petrophysical Evaluation of CI-11 Block - Petroci CI-11 (2023, Côte d'Ivoire)
- Client: Petroci
- Project: Petrophysical Evaluation
- Location: Côte d’Ivoire
- Description: PESG was responsible for the analysis and interpretation of well data within the CI-11 block to identify sand layers potentially impregnated with hydrocarbons.
- Outcome: The evaluation led to the identification of new reservoir levels, setting the stage for planned drilling campaigns to bring these reservoirs into production.
Integrated Reservoir Studies and Field Optimization - Petroci CI-11 (2023, Côte d'Ivoire)
- Client: Petroci
- Project: Integrated Reservoir Studies and Field Optimization
- Location: Côte d’Ivoire
- Description: PESG undertook reservoir modeling for the CI-11 block to optimize the production strategy.
- Outcome: Opportunities were identified to convert some wells into injectors, which could significantly enhance production.
Technical and Financial Evaluation of Coco Marine Discovery - Société Nationale des Hydrocarbures (2020, Cameroon)
- Client: Société Nationale des Hydrocarbures
- Project: Technical and Financial Evaluation of Coco Marine Discovery
- Location: Cameroon
- Description: PESG provided a comprehensive technical and financial evaluation of the CI-11 block, aiding in the decision-making process for the development of the field.
- Outcome: Multiple development scenarios were proposed, helping to ensure the profitability of the Coco Marine discovery.
Basin Modeling and Drilling Operations Supervision - Foxtrot International (2022-2024, Côte d'Ivoire)
- Client: Foxtrot International
- Project: 2D and 3D Basin Modeling, Drilling Operations Supervision
- Location: Côte d’Ivoire
- Description: PESG was engaged in constructing 2D and 3D basin models to de-risk prospects on the CI-12 block, as well as supervising drilling operations.
- Outcome: The project facilitated the drilling decision on the CI-12 block and integrated DNO as a partner in the operating consortium.
Heavy Workover Campaign and Petrophysical Evaluation
Client: PETROCI CI-11 Ltd
Location: CI-11 Block, Côte d’Ivoire
Fields: GULFTIDE, LION A, LION B, PANTHERE C, PANTHERE D
Year: 2022-2023
Description:
Panafrican Energy Services Group (PESG) was contracted by PETROCI CI-11 Ltd to provide a comprehensive technical scope for heavy workover operations in the CI-11 Block. The project involved a thorough analysis of the well data from GULFTIDE, LION, and PANTHERE fields, aimed at prolonging the lifespan of these aging assets and optimizing hydrocarbon recovery.
The key objective was to deliver a detailed technical roadmap for conducting heavy workovers, focusing on enhancing production efficiency and ensuring the long-term viability of these fields. This included the assessment of well integrity, the identification of production constraints, and the design of customized interventions for each well.
Outcome:
PESG successfully developed a technical workover plan, which included specific interventions, schedules, and a comprehensive cost estimate. The technical proposal outlined the required steps for extending the life of the fields and improving production performance.
In addition to the workover campaign, a complete petrophysical evaluation of the CI-11 Block was carried out in 2023. This evaluation provided valuable insights into reservoir behavior, ensuring better reservoir management and guiding future development strategies for PETROCI CI-11 Ltd.
This collaboration reinforced PESG’s ability to deliver high-value technical solutions tailored to the needs of local operators, while ensuring compliance with international industry standards.
Please find the client satisfaction letter attached, which further details the successful outcomes of this project.
2D and 3D Basin Modeling and Drilling Supervision
Client: Foxtrot International
Location: CI-27 / CI-12 Block, Côte d’Ivoire
Year: 2022-2024
Description:
Panafrican Energy Services Group (PESG) was contracted by Foxtrot International to perform advanced basin modeling and supervise drilling operations for the CI-12 Block. This project involved the development of both 2D and 3D basin models to provide a clearer understanding of the geological structures and hydrocarbon potential within the block. The goal of this work was to derisk exploration prospects and aid in the decision-making process for future drilling campaigns.
In addition to the modeling efforts, PESG took on the supervision of drilling operations in the CI-12 Block. Our team of experts ensured that all drilling activities adhered to the highest safety standards while optimizing the operational efficiency of the project.
Outcome:
The 2D and 3D basin models delivered by PESG provided Foxtrot International with critical insights into the subsurface structures of the CI-12 Block. These models helped to derisk the drilling prospects, allowing for more informed and strategic decisions on the timing and location of future exploration wells.
Our supervision of the drilling operations resulted in the safe and efficient execution of the project, minimizing downtime and ensuring adherence to the planned schedule. The collaboration between Foxtrot International and PESG demonstrates our commitment to delivering high-quality technical services and operational support.
Please find the client satisfaction letter attached, which highlights the success and impact of this project.
Technical and Financial Evaluation of Coco Marine Discovery - Société Nationale des Hydrocarbures (SNH)
Client: Société Nationale des Hydrocarbures (SNH)
Location: Cameroon
Year: 2020
Description:
Panafrican Energy Services Group (PESG) was tasked with conducting a comprehensive technical and financial evaluation of the Coco Marine discovery, located within the CI-11 block. The project aimed to provide Société Nationale des Hydrocarbures (SNH) with a detailed assessment of the discovery’s potential, focusing on both technical feasibility and financial viability to aid in the decision-making process for field development.
Outcome:
The evaluation resulted in the development of multiple scenarios for the commercial exploitation of the Coco Marine discovery. These scenarios provided SNH with clear insights on how to optimize resource extraction and ensure profitability while minimizing risks. PESG’s work supported SNH’s strategic decisions for field development and investment in the block, ultimately contributing to the future growth of Cameroon’s hydrocarbon sector.
A letter of satisfaction from SNH will be attached, demonstrating the client’s approval of PESG’s work and the success of the evaluation.
