Journal of the Korean Society of Mineral and Energy Resources Engineers (한국자원공학회지)

The Korean Society of Mineral and Energy Resources Engineers (한국자원공학회)
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A Study on Economic Evaluation of Small KSO Field in Indonesia

인도네시아 소규모 KSO 광구의 경제성 평가 연구

  • 문서윤 (한국해양대학교 에너지자원공학과) ;
  • 최영일 (한국해양대학교 에너지자원공학과) ;
  • 임종세 (한국해양대학교 에너지자원공학과) ;
  • 허승균 ((주)한국남방개발) ;
  • 정광석 ((주)한국남방개발)
  • Received : 2018.11.13
  • Accepted : 2018.12.28
  • Published : 2018.12.31
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Abstract

Indonesia has become a net crude oil importer because of the reduction of a new oil field discovery, and Indonesia is attempting to raise investment funds through the Kerja Sama Operasi (KSO) contract to develop a small-scale field. However, the KSO has a high-risk and low-return contract system for investors, necessitating an economic evaluation to examine the feasibility of the project. This study performed economic evaluation on the development of an Indonesian small-scale field by applying the KSO contract conditions, and identified the major economic parameters through a sensitivity analysis. As a result, the oil price, CAPEX and OPEX were identified as influential factors for economic evaluation. The results also indicate that commercial production in small-scale fields is difficult. In the future, this study can be used as a reference resource for investment in oil and gas development projects in Indonesia.

인도네시아는 신규 유전 발견이 줄어들고 원유 순수입국으로 전환됨에 따라 석유 생산을 늘리고자 공동개발계약(Kerja Sama Operasi, KSO)을 통해 소규모 광구 개발을 위한 국내 투자 유치 활성화에 노력하고 있다. 하지만 KSO는 계약자 고위험 저수익의 계약형태이며, 계약자가 석유개발에 대한 모든 비용을 지불하기에 사업 타당성 판단을 위한 경제성 평가가 필수적이다. 이 연구에서는 KSO 계약 조건을 적용하여 인도네시아 소규모 광구 개발에 대한 경제성 평가를 수행하였으며, 민감도 분석을 통해 경제성 평가 시 주요 변수를 파악하였다. 그 결과 유가, CAPEX, OPEX가 경제성 평가에 영향을 미치는 것으로 나타났으며, 소규모 광구에서 상업적인 생산은 다소 어려운 것으로 판단되었다. 향후 이 연구는 국내 기업이 인도네시아 자원개발 투자 시 참고 자료로 활용할 수 있을 것이다.

Keywords

Acknowledgement

Supported by : 산업통상자원부

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