MONTHLY PETROLEUM INFORMATION 2011 June Statistical Highlights

Transcription

1 MONTHLY PETROLEUM INFORMATION 2011 June Statistical Highlights For further enquires and comments, please contact us at: Website: CORPORATE PLANNING & DEVELOPMENT DIVISION (CPDD)

2 Disclaimer This publication presents information on the oil and gas industry. Its content reflects individual as well as general analysis and trend of activities that characterized the industry within the month. Although NNPC endeavours to ensure accuracy of information in these documents, it cannot guarantee 100% accuracy nor can it be held liable for errors that may occur. Users are to note that use of any information herein is purely at their discretion. i

3 1.0 EXPLORATION/DRILLING ACTIVITIES SUMMARY FOR JUNE 2011 Table i - Fiscalised Crude Oil Production by Company COMPANY CRUDE OIL PRODUCTION DAILY AVERAGE % OF TOTAL (BARREL) PRODUCTION bbls m3 Only SPDC Total E & P and Panocean carried out exploration/drilling activities this month. Drilling was carried out on 6 wells (Table1.0). 2.0 CRUDE OIL AND CONDENSATE 2.1 Production: Available total Non-fiscalised production for the month of June 2011is million barrels. There was no production figure from Mobil, ESSO and AENR as at the time of this report. Total Fiscalised production for the month was million barrels representing 2.42 million barrels per day. This is 6.47% lower than the May production of million barrels or 2.34 million barrels per day. 2.2 Lifting (Domestic and Export) Total crude oil and condensate lifting for both domestic and export was about million barrels. Oil companies lifted million barrels (52.92%), while NNPC lifted million barrels (47.08%). Lifting by fiscal regime shows million barrels for JVC, million barrels for PSC/SC, and 6.47 million barrels for other regimes respectively. Out of NNPC s liftings, million barrels was for Federation Account, while 9.72 million barrels was for domestic use. These are shown in Table i and the corresponding chart on the next page. Individual company liftings are also shown in Table 4.0 JOINT VENTURE COMPANIES: 12,155, ,932, , SPDC MOBIL 5,124, , , CHEVRON 6,280, , , ELF 2,061, , , NAOC/PHILLIPS 2,907, , , TEXACO 319, , , PAN - OCEAN 149, , , SUB TOTAL 28,999, ,610, , AF-JV 2,295, , , SPDC MOBIL 8,700, ,383, , CHEVRON 2,005, , , TOTAL E & P 2,044, , , NAOC/PHILLIPS TEXACO PAN - OCEAN SUB TOTAL 15,044, ,391, , PROD. SHARING COMPANIES 7,329, ,165, , CHEVRON ADDAX 2,080, , , ESSO EXP. & PRO. NIG LTD 4,446, , , NAE 839, , , SNEPCO 4,941, , , SA PET/TOTAL UPSTREAM NIGERIA 4,141, , , SEEPCO SUB TOTAL 23,779, ,780, , SERVICE CONTRACT: AENR 200, , , SUB TOTAL 200, , , INDEPENDENTS/SOLE RISK: NPDC - OKONO 1,258, , , NPDC 190, , , NPDC-SEPLAT JV 474, , , SEPLAT 387, , , CONSOLIDATED 54, , , EXPRESS PETROLEUM AMNI 554, , , CAVENDISH PETROLEUM ATLAS CONTINENTAL OIL 579, , , MONI PULO 141, , , DUBRI 9, , NIG AGIP EXPLO/ALLIED/CAMAC 112, , , SUB TOTAL 3,763, , , MARGINAL FIELDS NIGER DELTA PET. RES. 53, , , PLATFORM PETROLEUM 32, , , MIDWESTERN OIL 240, , , WALTER SMITH 54, , , PILLAR OIL MOVIDO E&P NIGERIA LTD ENERGIA 52, , , BRITANIA U ORIENTAL ENERGY 290, , , SUB TOTAL 724, , , GRAND TOTAL 72,510, ,528, ,339, iii

4 Table ii - (CRUDE OIL LIFTING) BY COMPANY NNPC REGIME EXPORT DOMESTIC NNPC TOTAL TOTAL JVC 20,957, ,651, ,532, ,183, ,140, PSC/SC 14,968, ,254, ,254, ,222, INDEPENDENT/MARGINAL F 2,731, ,731, TOTAL 38,657, ,905, ,532, ,437, ,094, *NNPC Export includes 9,154,610 barrels for FIRS and DPR. It also includes 1,898,315 and 5,605,211 barrels for PPMC offshore Cargo Liftings and Crude Exchange respectively. 2.3 Lifting (Alternative Funding): AF lifting was about 4.34 million barrels. NNPC lifted 0.50 million barrels (11.52%) while two companies (Shell and Total E & P) lifted 3.84 million barrels (88.48 %). Liftings by Companies are part of the JVCs export while the lifting by NNPC adds to the Federation account lifting. Table ii on the next page gives further breakdown. iv

5 Table iii - Alternative Funding Crude Lifting EA CRUDE BE EFICIARY QUA TITY (BBLS) PERCE TAGE SHARE Shell 949, NNPC 948, Sub-Total 1,897, YOHO/QIL AMENAM Mobil NNPC 905, Sub-Total 905, Elf NNPC 750, Sub-Total 750, ESCRAVOS Chevron 0 #DIV/0! NNPC 0 #DIV/0! Sub-Total 0 #DIV/0! Total Companies 949, Total PC 2,603, Grand Total 3,552, ASIA & FAR EAST 22% CRUDE CRUDE OIL EXPORT OIL EXPORT BY DESTINATION BY DESTINATION OCEANIA/PACIFIC 4% AFRICA 11% EUROPE 21% NORTH AMERICA 33% SOUTH AMERICA 9% 2.4 Crude Oil Export By Destination Six regions namely; North America, Europe, Oceania/Pacific, Africa, South America, and Asia remain the major destinations of Nigerian crude and condensate export. Table 5 and the chart above provide further insight. v

6 3.0 NATURAL GAS 3.1 Natural Gas Production and Utilization Table iv- (GAS PRODUCED, UTILISED AND FLARED) (mscf)) June 2011 total production of natural gas is BSCF. This is lower than the May 2011 figure of BSCF by BSCF. About 24.74% of the total gas production was flared. The rest was utilized as shown on Table iii below. Table 6 gives further details of gas activities during the month. 3.2 Natural Gas Liquid (NGL) Inventory There was no report at the time of this publication. JV: COMPANY GAS PRODUCED TOTAL GAS GAS FLARED % FLARED BY COMPANY UTILISED SPDC 70,182, ,536, ,914, MOBIL CHEVRON 23,401, ,452, ,949, TOTAL E&P 21,586, ,863, ,722, NAOC 55,712, ,244, ,468, TEXACO 530, , , PAN-OCEAN 974, , , SUB - TOTAL 172,388, ,014, ,641, PRODUCTION SHARING COMPANY - ADDAX ESSO SUB - TOTAL SERVICE CONTRACT - AENR SUB - TOTAL SOLE RISK/INDEPENDENTS: NPDC SUB - TOTAL GRAND-TOTAL 172,388, ,014, ,641, vi

7 4.0 REFINERY OPERATIONS 4.1 Crude Oil Balance: This month, 440 thousand mt of dry Crude Oil, Condensate and Slop was received by the three Refineries, KRPC, PHRC and WRPC. With an opening stock of 501 thousand mt, total Crude Oil available for processing was 941 thousand mt, out of which 359 thousand mt was processed. The respective average capacity utilization during the month was 32.75%, 11.09% and 22.86% for KRPC, PHRC and WRPC respectively. Details are shown in the charts below: Crude Oil Receipt Vs Crude Oil Processed: June, 2011 '000' bbls 4 Received Processed 3 2 1,202 1,081 1, Refinery % Capacity Utilization: June, KRPC PHRC WRPC Production Returns: Total national domestic refining produced 324 thousand mt of finished and intermediate products. PPMC which lifts products from the refineries evacuated 464 thousand mt of products. The chart below captures the comparative products contribution of the refineries '000mt KRPC PHRC WRPC -25 LPG PMS DPK AGO Fuel Oil KRPC PHRC WRPC vii

8 Zonal Consumption 4.3 Refinery Fuel and Loss: Altogether 34,374 mt of products was used by the three (3) refineries as fuel and loss. Consumption as fuel was 8.76% while loss and flare accounted for 0.81% of production. Table 11.0 shows the breakdown by refinery. 5.0 DOMESTIC PETROLEUM PRODUCTS DISTRIBUTION The Major and Independent Petroleum Products Marketing Companies distributed about million litres of various petroleum products throughout the 36 States and FCT in June 2011 (Tables 12.0 and 13.0). This shows a decrease of million litres or 11.54% when compared with the total volume distributed in May 2011 ( million litres). The Major Petroleum Products Marketing Companies distributed million litres (39.70% of the total sales) of petroleum products, while the independent Marketing Companies distributed the remaining million litres (60.30%). North West 5.57% North East 4.59% North Central 15.98% Abuja 4.01% Distribution by product shows, Premium Motor Spirit (PMS) had the highest figure of million litres (64.35%) of the total reflecting average daily sales of million litres. Household Kerosene (HHK) came second in the petroleum products distribution slate with total figure million litres (14.70%) giving an average daily figure of 3.14 million litres. Automotive Gas Oil (AGO) with total sales figure of million litres (12.95%) averaging 2.77 million litres per day. Low Pour Fuel (LPFO) came fourth in the petroleum products distribution slate with total figure of million litres (7.07%) giving an average daily figure of 1.51 million litres. Aviation Turbine Kerosine (ATK), Liquefied Petroleum Gas (LPG), Lubricating Oils, Brake fluids as well as Others constituted the remaining part of the distribution. South South 28.93% South East 2.39% South West 38.54% Note: No report from Conoil, Mobil, Total, Oando & MRS as at the time of this report. viii

9 DOWNSTREAM: 2011 JUNE HIGHLIGHT OF ACTIVITIES Crude Oil Stock Level Opening Stock Quantity Received Quantity Processed Closing Stock MT Barrels MT Barrels MT Barrels MT Barrels K R P C 144,844 1,064, , , ,070 1,080, , ,933 P H R C 113, , ,008 1,202,498 95, , ,667 1,332,868 W R P C 243,679 1,790, ,644 1,048, , , ,676 1,981,957 T O T A L 501,576 3,684, ,601 2,863, ,111 2,636, ,066 3,910,758 Product Stock Level Initial Stock(MT) Production(MT) Evacuation (MT) Final Stock (MT) PMS DPK AGO FUEL OIL PMS DPK AGO FUEL OIL PMS DPK AGO FUEL OIL PMS DPK AGO FUEL OIL KRPC 47,433 14,079 15,257 13,324 40,708 15,184 31,766 36,394 40,609 15,982 32,966 39,504 47,532 13,281 14,057 10,214 PHRC 19,331 26,182 54, ,450 7,297 13,027 20,798 26,307 35,324 29,252 38,756 49,619 31,828 9,957 36, ,138 WRPC 33,335 30,932 16,913 33,107 47,045 23,039 14,436 47,864 30,323 28,192 25,030 45,825 50,057 25,779 6,319 35,146 NATIONAL 100,099 71,193 86, ,881 95,050 51,250 67, , ,256 73,426 96, , ,417 49,017 57, ,498 x

10 DOWNSTREAM: 2011 JUNE HIGHLIGHT OF ACTIVITIES Distribution of Petroleum Products by Companies Distribution of Petroleum Products by State COM PANIES PRODUCTS ' 000Litres PM S DPK AGO FUEL OIL African Petroleum 64, , , Conoil Mobil Texaco Total Oando NNPC Retail 126, , , Major Marketers 190, , , Independent Marketers 221, , , , TOTAL 412, , , , ZONES Distribution of Petroleum Products by Zone PRODUCTS '000Litres PM S DPK AGO FUEL OIL South West 211, , , South East 9, , , South South 56, , , , North West 30, , , North East 24, , , North Cental 57, , , FCT 23, , , STATE TOTAL 412, , , , PRODUCTS ' 000Litres PM S DPK AGO FUEL OIL ABIA 1, ADAMAWA 3, AKWA IBOM 2, ANAMBRA 2, BAUCHI 5, BAYELSA 2, BENUE 3, BARNO 4, CROSS RIVER 2, DELTA 5, , , EBONYI EDO 3, , , EKITI 1, ENUGU 1, GOMBE 4, IMO 2, JIGAWA 3, KADUNA 13, , , KANO 10, KATSINA 3, KEBBI 6, KOGI 3, KWARA 3, LAGOS 20, , , NASARAWA 4, NIGER 6, OGUN 4, , ONDO 4, OSUN 3, OYO 6, PLATEAU 4, RIVERS 7, , , SOKOTO 2, TARABA 1, YOBE 4, ZAMFARA 4, FCT 23, , , Independent Marketers 221, , , , TOTAL 412, , , , xi

11 GLOSSARY OF TERMS AENR Agip Energy and Natural Resources AF Alternative Funding AGO Automotive Gas Oil API American Petroleum Institute ATK Aviation Turbine Kerosine bbls Barrels Bscf Billion Standard Cubic Feet BTU British Thermal Unit C3 Propane C4 Butane COMD Crude Oil Marketing Division DPK Dual Purpose Kerosine EPCL Eleme Petrochemical & Company Limited HHK House Hold Kerosine HPFO High Poor Fuel Oil JVC Joint Venture Company KRPC Kaduna Refining and Petrochemical Company LPFO Low Pour Fuel Oil LPG Liquified Petroleum Gas M 3 Cubic Metres mbbls Million Barrels mmscf Million Standard Cubic Feet mmbopd Million Barrels Per Day mscf Thousand Standard Cubic feet N/A Not Available NAFCON National Fertilizer Company of Nigeria NAOC Nigeria Agip Oil Company NGC Nigerian Gas Company NGL Natural Gas Liquids NNPC Nigerian National Petroleum Corporation NPDC Nigerian Petroleum Development Company OML Oil Mining Lease OPL Oil Prospecting Licence Petrochem. Petrochemical Products Pet. Jelly Petroleum Jelly PHRC Port Harcourt Refining Company PMS Premium Motor Spirit PPMC Pipelines and Products Marketing Company Ltd PSC Production Sharing Contract R/Fuel Refinery Fuel W/o Work over WRPC Warri Refining and Petrochemical Company MD Measured Depth TVD True Vertical Depth SCF Standard Cubic Feet HOG High Octane Gasoline