Learning from the Finders

Real Stories of Exploration Success

Peru Main Hydrocarbon Producing Basins

Plays History

Author: Federico Seminario / Juan Chung

Outline
✓ Introduction & Main Features
✓ O&G Producing Basins
✓ Conclusions
 INTRODUCTION
Main Tectonics Features

7
1. Nazca Plate
2. Peru-Chile Trench
4 5
3 3. Continental Shelf & Coast
2 4. Andean Cordillera
6
5. South American Plate
6. Abancay Deflection
1 7. Huancabamba Deflection
Nazca Plate
 INTRODUCTION
Main Exploratory Regions

A A’
Cuenca
Cuenca Cuenca Cuenca Cuenca Marañón
Talara Lancones Bagua Santiago

FORELAND
BASINS

Offshore
BASINS

1. Offshore Basins
2. Thrust and Fold Belt
3. Foreland Basins
 INTRODUCTION
Sedimentary Basins in Peru

18 Basins Identified

Marañon • Coast & Offshore

Lancones
Talara ✓ Tumbes-Progreso, Talara, Lancones,
Bagua
Sechura
Sechura
✓ Trujillo, Salaverry, Lima, Pisco
✓ Mollendo, Moquegua
Ucayali
• Thrust and Fold Belt
✓ North: Santiago, Bagua, Huallaga,
Pachitea, Ene.

• Foreland
Titicaca ✓ Marañon, Ucayali, Madre de Dios

• High Plateu
✓ Titicaca
 TALARA BASIN
Cum Oil: 1,600 MMBls
30,000 BOPD
GAS: 30 MMPCGD

MARAÑON BASIN
Cum. Oil: 1,000 MMBls
30,000 BOPD

UCAYALI /MD Dios BASIN

Cum. Oil: 31 MMBL
Cum. NGL: 350 MMNGL
Gas 4.0 TCF
600 BOPD
95,000 NGLPD
GAS: 1,7 MMSCFG

Peru
Main Oil Production
Basins
• 2,300 Km of shoreline
• 8 Offshore Basins within the slope
• 3 Basins have proven Pet. System
• 5 Basins remain under explored
• Talara Basin has a 1.6 BB of cum oil.
• No wells has been drilled deeper
than 380ft of water depth

• New data has been acquired.

• Three drilling Prospects postpone
Recently Multi-client seismic was
acquire in 2014

Peruvian Oil Prod. Basin

Offshore Basins Basin
 Perú – Talara Basin – Wells
POZOS PERFORADOS PORdrilled
AÑO by year
CUENCA TALARA
50 1500
Military
Gob.
45 Velazco / 1350
Ipc / Standard Oil
Bermudez

40 1200

Odria
35 1050

Numero de Pozos Acumulados

Sanchez Cerro
Benavides
Numero de Pozos

30 900
Leguia
Gob.
25 750

20 Small E&P 600

Privatizacion
15 450

10 Percussion 300
Tecnology

5 150

0 0
1890 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 2020
Año
 CREAMING CURVE - TALARA BASIN
Creaming Curve Talara Basin - Peru (Label: Año de Perforacion)
Autor: J. Chung
4000

3750
Total Explo wells: 1332
3500 2P Reserves: 3,350 MMBoe

2004
Cumulative Oil @ 2015: 1600 MMBoe

1985
1980
1977

1983
1970
1967

1969

1972
1965
1962
3250

1960
3000 S. Pedro /Chira / La Isla
Reservas 2P Descubiertas (MMBOE)

(27 / 56 MMBO)

1956
2750

1954
1953
Lobito Offshore / Litoral

1951
1950
1948
2500 1946 (160 / 62.5 MMBO)
1943
1936
1927

1929

2250
1925

Peña Negra Offshore

2000 (283 MMBO)

1750 Central (Los Órganos)

(91 MMBO)
1916

1922

1500
Lobitos
1250 (433 MMBO)
1000

750

500
La Brea y Pariñas
250 (1389MMBO)
1896

0
0 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500
Numero de Pozos Perforados
 Offshore Talara Basin
Seismic Cross Section Line
GOLD09OE07
Ofshore Los Órganos-Peña Negra

1000m
2000m 1700m

Fuente: GOLD OIL/PERUPETRO/R. Bolaños Page 10

 MARAÑON BASIN
General Comments
✓Area: 212,428 km2
✓2D Seismic Lines: ~49,000 km
✓Exploratory Wells drilled: 113 wells in
over 45 years
POZOS PERFORADOS POR AÑO
CUENCA MARAÑON
30
29 110
28
27
26 100
25
24
90
23
22
21 80

Numero de Pozos Acumulados

20
19
70

Numero de Pozos
18

Marañón Basin 17
16
15
60

Cum. Oil: 1,000 MMBls 14

13 50
12
30,000 BOPD 11
10
40
9
8 30
7
6
5 20
4
3 10
2
1
0 0
1950 1960 1970 1980 1990 2000 2010 2020
Año
 MARAÑON BASIN
Traps Drilled

4-Way Closure w/ Pre-Kr Faults Nose without closure

Ej. Corrientes (2P:274 MMBls) Ej. Dorissa (2P:80 MMBls)

Transpressive Structures Mix Stratigraphic & Structural

Ie Situche (2P:70 MMBls) ie Carmen (2P:30 MMBls)
 MARAÑON BASIN
Creaming Curve & Field Size Distribution

Field Size Distribution Creaming Curve

500 MMBOE
P10: 150 MMBOE Basin Border, Heavy Oil
Transpresive Structure

400 MMBOE
Nose Structural Trend
P50: 20 MMBOE
Subtle Structure
1000 MMBOE

P90: 2 MMBOE
Four Way Closure Anticline
Pre Cretaceous Fault related structure

✓Field Discovered: 29 (2P: ~ 2,000 MMBOE)

✓FSD P50:20 MMBoe
✓Biggest Field Discovered: Corrientes (2P: 250 MMBOE)
 Structural cross section
showing stratigraphic
NEAR SHORE
FACE DEPOSITS barrier in Chonta Fm.
OF CHONTA IN
DORISSA FIELD

F. Seminario 1997
 UCAYALI NORTE BASIN
General Comments

✓Area: ~100,000 km2

✓2D Seismic Coverage: ~20,000 km
✓Exploratory Wells Drilled: 40 wells in over
UCAYALI NORTE BASIN 60 years

Ucayali
 UCAYALI BASIN
Traps Drilled

Agua Caliente Chio

From Perupetro 2003 From Perupetro 2003

✓ Huge Anticlines related to fault inversion and Tr-Jr rift inversion.

✓ Salt Diapirs Domes
 UCAYALI NORTE BASIN
Creaming Curve & Field Size Distribution
Field Size Distribution Creaming Curve

P10: 100 MMBOE

Los Angeles

P50: 6 MMBOE
2P: 120 MMBOE

Aguaytia
P90: 0.3 MMBOE

Agua Caliente

✓Field Discovered: 9 (2P: 150 MMBOE)

✓Biggest Field Discovered: Aguaytia (2P: 65 MMBOE)
✓Only Small fields discovered. Although huge anticlines were drilled.
CAMISEA- MADRE DE DIOS BASIN
General Comments

✓Area: ~137,000km2
✓Seismic coverage: 2D: ~14,800 km; 3D:
2500km
✓Exploratory Well Drilled: 28
 MADRE DE DIOS - CAMISEA
Traps Drilled
Cashiriari San Martin Kimaro

Thin Skin Tectonic (TFB) Pre Kr- Fault Inversion (Foreland)

ie: San Martin / Cashiriari ie: Pariamanu

✓ Huge Anticlines related to Thin Skin tectonic (TFB).

✓ Subtle anticlines related to Pre-Kr fault inversion (Foreland)
 MADRE DE DIOS - CAMISEA
Creaming Curve & Field Size Distribution
Field Size Distribution Creaming Curve

2P: 4500 MMBOE

P10: 1000 MMBOE 4500 MMBOE

Thrust Fold Belt

4500 MMBOE
P50: 150 MMBOE Foreland

P90: 35 MMBOE
Thrust Fold Belt

Foreland

✓28 Exploratory Wells Drilled

▪ Foreland: 8 Wells (All Dry holes)
▪ TFB: 20 (12 Fields Discovered)
✓Biggest Field Discovered: Cashiriari (2P: ~1,700 MMBOE)
✓2P Reserve Discovered: 4,500 MMBOE
 EXPLORATION
Northern & Central Thrust Fold Belt

Northern and central Thrust Fold Belt in

Peru are under explored.

✓ Santiago Basin
Santiago • 8 wells drilled (Mobil 1968, 3; Quintana
Bagua 1997/8, 4; Pacific 2016,1)
•1,700 Km of 2D Seismic Line
Huallaga

✓ Huallaga Basin
• 1 well drilled by Mobil (1992)
Ene • 1,340 Km of 2D Seismic Line

✓ Bagua Basin
• No Wells / No Seismic

✓ Ene Basin
• None Wells drilled
• 740 Km of 2D Seismic Line
 EXPLORATION
Southern Thrust Fold Belt

Southern Thrust Fold Belt in Peru is a

proven and prolific play.

Santiago ✓ Camisea – Madre de Dios

Bagua • 20 Exploratory Wells drilled
• 12 Fields discovered
Huallaga • 2P Reserves of 4500 MMBOE

Ene
BSE-1X Well PAD
the Next stairway to Heaven
 CONCLUSIONS
Peru Sub Andean Basins

✓ Northern Foreland Basin (Marañón): Well Explored and Successful,

Required change in exploration ideas for bigger discoveries.

✓ Southern/Central Foreland Basins: Under explored (specially Madre de

Dios basin), small historic discoveries in the Ucayali basin. Stratigraphic
trap is a promising exploration play in Madre de Dios.

✓ Fold-and-thrust belt: Largely unexplored (specially in the north). TFB of

Camisea – MDD shows High potential for big discoveries.

✓ Southern Ene Basin could be the continuation of the play Camisea-MDD,

by the end of this year an exploratory well will be drilled.