Snapshot Summary (PDF) Chapter 2 - Production & Construction (PDF) The project to date has sent over 288 million barrels of crude oil to the world market. A total of 60 new oil wells were drilled and brought on line in the last year and the drilling program will add as many as 100 new wells in 2009. A planned second phase high pressure water injection project was launched to maintain oilfield pressure and thus support crude oil output. To date, Chad has received $4.35 billion in revenue from the project, $1.87 billion being added in 2008. That total for the first five years of production roughly doubles the revenue originally predicted for the entire 25 to 30 year estimated lifetime of the project. Chapter 3 - Reportable EMP Situations (PDF) The project improved its environmental protection performance by significantly reducing the total number of non-compliance
situations for the fourth year in a row. For the second half of 2008, project environmental monitors recorded a total of seven Environmental Management Plan non-compliance situations, three in the third quarter and four in the fourth quarter. Two of the non-compliances were categorized as Level II situations and there were no Level III situations. Two spills occurred during this reporting period. Chapter 4 - Safety (PDF) The project’s Recordable Incident Rate for the year, the broadest measure of industrial safety performance, was one third the average for petroleum operations worldwide. Chapter 5 - Consultation & Communication (PDF) The project held over 400 public consultation sessions during the second half of 2008, bringing the total for 12 months to over 830. Nearly 15,000 people attended project consultation sessions in the last four quarters. - Using the new consultation process and its tools has borne fruit in the village of Madana, Chad. The villagers narrowed their choices for selecting community compensation down to a decision between a well that would give them safe water and better health or a school to educate their children. They chose the water well. Chapter 6 - Compensation (PDF) Individual land use compensation in cash and in-kind payments paid by the project totaled: - Over 650 million FCFA (over $1.4 million) in the last four quarters. - Over 12 billion FCFA (nearly $19.7 million) since the project began. Chapter 7 - Update: Land Use in the Oilfield Development Area (PDF) The work to mitigate land use impacts in the Oilfield Development Area achieved a series of key milestones in the first half of 2008. - To date, 532 wellpads have been reduced in size and reclaimed, and the reclaimed land has been returned to farming. - A total of 45% of all temporary use land has been returned to farmers, a total of 885 hectares in three years. Chapter 8: EMP Monitoring & Management Program (PDF) The project reached agreement on export pipeline design modifications that could enable a major electrification project proposed by the government of Cameroon. For decades, people in Cameroon have dreamed about the possibility of building an electrification project for an area of the country that is far away from any big cities — a dam and hydroelectric generating station at the confluence of the Lom and Pangar rivers. Ongoing air quality monitoring continued, including implementation of a new ambient air quality monitoring technology in Chad. A rigorous monitoring program was put in place in response to an oil spill involving a valve in the export pipeline system. Chapter 9 - Local Employment (PDF) Wages paid to national workers for the last 12 months totaled 26 billion FCFA ($50.6 million). - Chadians and Cameroonians combined held just over 88% of the project’s direct employment jobs at mid-year 2008. - About 70% of the Chadians and Cameroonians working for the project held skilled or semiskilled positions at mid-year 2008. Another 7% held supervisory positions. Chapter 10 - Local Business Development (PDF) The project’s purchases of goods and services from local suppliers since the project began approaches 1.1 trillion FCFA (over $1.9 billion). - In Chad, project spending to date is an estimated total of 680 billion FCFA (more than $1.2 billion). - In Cameroon, project spending to date is an estimated total of nearly 413 billion FCFA (about $691 million). Chapter 11 - Health (PDF) An intensive malaria prevention program has cut the project’s malaria infection rate over the last six years by a factor of 40 — reducing the rate in 2008 to only 2.5% of the rate that was recorded in 2002. Project health clinics provided more than 23,000 health care visits to workers in 2008, an average of four health care visits per year for each worker. The bulk of this care involved health conditions unrelated to the workplace. Chapter 12 - Community Investment (PDF) Two major new projects will make a significant difference for women living in poverty in southern Chad, for biodiversity conservation efforts in two environmentally sensitive areas of Cameroon, and for the lives of the indigenous Bagyeli/Bakola people in Cameroon. - These two projects would increase the project’s total contributions by as much as $3.25 million, adding to previous total contributions of more than $9 million that range from school construction to clinic rehabilitations and prevention of malaria and cholera. Chapter 13 - Update: Chad’s Oil Revenue (PDF) Chad’s total project-related revenue reached $4.3 billion in 2008, more than twice the amount anticipated for the entire life of the project when it was in planning stages. That total revenue has been achieved with two-thirds of the oil still to be produced and in
the first five years of production out of the estimated 20 to 25 year life of the project. Download Full Report (PDF) |