Post on 29-Sep-2020
The shelf in 2009Director general Bente Nyland
Press conference 15 January 2010
Contents
w Production
w Plans for development and operation
w Investments
w Exploration
w Seismic acquisition
w CCS
w Climate Cure 2020
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Oil price trend
20.01.2010 3
Area announced and awarded 1965-2009
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Acr
eage
(km
2 )
Exploration well record
w 65 exploration wellsw 44 wildcat wellsw 21 appraisal wellsw 72 exploration wells have been completed
w The North Sea: 47 exploration wells – 21 discoveriesw The Norwegian Sea: 18 exploration wells – 7 discoveries
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Exploration wells 1968 – 2009Prognosis 2010
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The NPD´s prognosis for explorationwells in 2010
w 40 – 50 exploration wellsw The North Sea: 29 - 35w The Norwegian Sea: 9-12w The Bartens Sea: 2-3
w Companies: Statoil, Det norske oljeselskap, Wintershall, Lundin, Talisman, ConocoPhillips , Centrica, Nexen, Eni, Premier, BG, Total, Noreco, Shell, Exxon Mobil
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Discoveries 2009
Discoveries 2009
w 28 new discoveriesw The North Sea: eight oil discoveries, four oil/gas discoveries, two
gas/condensate discoveries, three gas discoveriesw The Norwegian Sea: one oil discovery, one oil/gas discovery, one
gas/condensate discovery, four gas discoveries
w Proven resourcesw 36 – 94 million Sm3 recoverable oil/condensatew 37 – 154 billion Sm3 recoverable gas
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Exploration players: spudded explorationwells in 2009
w Statoil ASA: 29
w ExxonMobil, Lundin, Marathon, Det norske oljeselskap: 5
w BG Norge AS: 4
w Wintershall: 3
w Shell, Talisman: 2
w Noreco, Petrocanada, GDF Suez, Total, VNG: 1
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Annual growth in resources and production
Preliminary figures
Growth in resources
Production
Milli
on S
m3
o.e.
Oil production 2009 by fieldTotal 115.5 MSm3
Oil production 1999 by fieldTotal 168.7 MSm3
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Oil production 1989 by fieldTotal 86 MSm3
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Oil production
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Oil production - uncertainty
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Gas sales
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Petroleum production
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Development wells
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New fields in production - 2009
w The North Seaw Rev, 24 January
(Talisman) w Volund, 10 September
(Marathon)w 33/9-6 Delta (test production)
(Wintershall)
New fields in production - 2009
w The Norwegian Seaw Alve, 19 March
(Statoil ) w Tyrihans, 8 July
(Statoil)w Yttergryta, 5 January
(Statoil)
Reserves growth 2005 - 2014
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Resources overview as of 31 december2009
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w Total resources approx. 13 billion Sm3 o.e. (Range of uncertainty10-16 billion Sm3 o.e.)
w 5.3 billion Sm3 o.e. produced
w 4.8 billion Sm3 o.e. remainingproven resources
w 3.3 billion Sm3 o.e. undiscovered(expected value)
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Status of fields and discoveries as of31 December 2009
w 65 fields in production
w 8 fields being developed
w 82 discoveries being evaluated
w Approximately 289 projects for improved recovery in existing fields
w 76 millioner Sm3 o.e. with positive developmentdecisions in 2009
Investments and exploration cost
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Investments, exploration costs and operating costs
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Price expectations for 15 developments in 2005 - 2009
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PDOs in 2009
w PDOs – new field developmentsw Oselvar: Subsea satellite to Ula (Dong)w Goliat: New field centre in the Barents Sea (ENI)
w PDOs for existing fieldsw Troll projects: Installation of third rich gas pipeline from Troll A to
the process facility at Kollsnes and gas injection from Troll B
w PDO - exemptionsw Vega Sør Oilw Snorre Export
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Potential PDOs in 2010
New players on the Norwegian shelf
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Results for new players after 1999
w 227 production licences in the initial phasew 61 per cent of these are operated by new companies
w 329 exploration wellsw 69 of the wells were drilled by new operators – 64 wells
in the North Sea, 5 wells in the Norwegian Seaw 122 discoveries – 48 discoveries in awards after 1999w 15 discoveries made by new operators
Acquisition of seismic data
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Coexistence – seismic and fisheries
w Mandatory course for fishery expertsw Six courses with more than 100 participants in 2009
w New system for reporting and announcing seismic surveys on www.npd.no
w Tracking requirement for seismic acquisition vessels
w Cooperation agreement between the NPD, the Directorate of Fisheries and the Norwegian Coast Guard
NPD seismic 2009 – NordlandVII/Troms II
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Carbon capture and storage (CCS)
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Geological CO2 storage
w The NPD maps suitable areas for storage of CO2
w Joint European regulations for such storage will be in place by June 2011. In a longer term perspective, import of CO2 from Europe to the Norwegian shelf may be of interest.
w CO2 is currently being stored on the Norwegian shelf, at Sleipner in the Utsira formation and at Snøhvit in the Tubåen formation
w CO2 can be used to extract more oil from the fields
w Shut-down fields can be suitable locations for storing CO2
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Climate Cure 2020
w Work initiated by the Government, led by the Norwegian Pollution Control Authority (SFT)w The purpose is to identify measures that can help
achieve the Government’s climate goalsw The NPD’s contribution:w Sector analysis for the petroleum activitiesw Report on CCS – carbon capture and storage – both for the
petroleum industry and land-based industry with significant greenhouse gas emissions
w Climate Cure 2020 will be presented in February
Discharges of produced water
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Emissions to air
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NOX in thousand tonnes CO2 in million tonnes
Terms
w Prospect: an area where the chances of making a discovery are good
w Discovery: oil and gas proven by exploration wells
w Field: a discovery where development has been approved
w Resources: total volumes of oil and gas
w Reserves: oil and gas that have been approved for development
w IOR: improved oil recovery (from producing fields)