The shelf 2013 Press conference 15 January Director general Bente Nyland

Transcription

1 The shelf 2013 Press conference 15 January Director general Bente Nyland

2 Status 2013 for fields and discoveries on the Norwegian shelf 78 fields in production Four new fields in 2013 (Jette, Hyme, Skarv, Skuld) 13 fields being developed 88 discoveries being evaluated Approx. 165 projects for improved recovery on fields in production Photo: Kjetil Alsvik, ConocoPhillips

3 Number of exploration wellbores started Exploration wells Forecast (total) Appraisal Wildcat

4 Plans for development and operation (PDO) Aasta Hansteen Oseberg Delta 2 Ivar Aasen Gina Krog Approved plans for development and operation (PDO) i 2013 North Sea 3 Norwegian Sea 1 Possible plans for new developments (PDO) North Sea 9 Norwegian Sea 3 Barents Sea 1

5 5 Utsira High South

6 Discovery Edvard Grieg Discovery Ivar Aasen Discovery 16/2-6 Johan Sverdrup Discovery 16/4-6 S (Luno II) Number of wells Exploration history on Utsira High South BP Amoco Elf Det norske Wintershall Norsk Hydro Esso Statoil Lundin

7 Establishment of new infrastructure on Utsira High South Total resources in the planned field developments (Johan Sverdrup, Edvard Grieg, Ivar Aasen) is 365 Sm 3 o.e. Johan Sverdrup is the fifth largest oil field on the Norwegian shelf The largest oil discovery on the shelf after 1979 In 10 years, Johan Sverdrup is expected to account for approx. 25 per cent of Norwegian oil production

8 Petroleum resources on the Norwegian shelf 44 % 2013: 14.2 billion Sm 3 o.e. 2012: 13.6 billion Sm 3 o.e. Sold and delivered Reserves Resources in fields Resources in discoveries Undiscovered resources 22 8 %

9 Mill. Sm³ o.e. per year Mill bbl o.e. per day Petroleum production Historic Undiscovered resources Resources in discoveries Resources in fields Reserves

10 Undiscovered resources on the Norwegian shelf Low (p95) High (p05) Total North Sea Norwegian Sea Barents Sea

11 11 In line to explore in the Barents Sea

12 Number of wildcats Discovery history in the Barents Sea Number of dry wells Number of discoveries Planned wells

13 Planned wells /2-1 Apollo PL 615- Statoil Wisting 7220/4-1 Kramsnø PL 532- Statoil Drivis PL 532- Statoil Norvarg Ververis 7325/1-1 Atlantis PL 615- Statoil 7324/7-2 Wisting Main PL OMV 7218/8-1 Byrkje PL GDF 7227/10-1 Saturn PL Statoil Alta PL Lundin Gohta PL Lundin Gohta 7222/11-2 Langlitinden PL 659- Det norske Ensis PL 393 B -Statoil Pågår Planlagte

14 Million Sm³ o.e. Million bbl/day Historical production with 5 year forecast Gas NGL Condensate Oil

15 Million Sm 3 oil Billion barrels of oil Reserve growth - status in relation to the goal Discoveries after 2005 Discoveries before 2005 Fields in 2004 Goal for reserve growth 2005 RNB prognosis for total reserve growth 2005 RNB prognosis for reserve growth in fields 15

16 Number of development wells Production wells Development wells drilled from mobile drilling facilities Development wells drilled from permanently placed drilling facilities

17 Improved recovery from producing fields Snorre A. Photo: Statoil 17

18 18

19 Billion NOK Investments, including exploration costs Exploration Pipelines and onshore facilities New fixed and floating facilities New subsea facilities Existing facilities Development wells NOK 2013, KPI adjusted

20 Power from land Lista converter station. The Valhall field receives 100 per cent of its electricity from shore via a 295-km power cable from Lista. (Photo: BP)

21 The NPD s mapping Photo: UiB/OD

22 CO 2 -storage on the Norwegian shelf

23 Priorities 2014 The NPD s targets are: a.work for long-term access to resources b.have an effective resource management regarding development and operation c. Contribute to Norway meeting its environmental and climate policy objectives d.be a national shelf library and spread facts and knowledge e.be a competent, efficient, flexible and forward-looking directorate that makes a difference in the value creation for the Norwegian society 23

24 A mind is like a parachute. It doesn't work if it is not open. Frank Zappa