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Cat JNew tailor-made jack-up rigs
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Background
NCS realities
Operational initiatives
Develop project portfolio
Improved recovery projects
New wells in existing fields
From customisation to
standardisation
Commercial initiatives
Alternative sourcing approaches
Sustainable and competitive cost level
Sufficient fit-for-purpose rig capacity
Maintain current production level until 2020
Current market situation
High development cost
Ageing rig fleet
High entry barriers
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3
Improved oil recovery
Enhancing value
Improved oil and gas recovery
from NCS Enhanced value creation from oil
and gas operations
Extended lifetime for fields The most important measure to
be able to extract more oil is to
drill more wells
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Driving technology and innovation in the rig market
Rig categoriesCat BCat A Cat C Cat D Cat J
Light wireline
Demanding wireline
Coiled tubing
TTRD sidetrack drilling
Well workover
Drilling and completion
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New rig design
Cat J
New rig design optimised
for shallow waters and
harsh environment
Perform 20% more cost
efficient production
drilling on the NCS
Reduce yard delivery cost
by10%
Real impact on improving
oil recovery
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Cat J
New rig design
Purpose-built rig
and equipment
Designed in
collaboration
with the industry
Proven
technology
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HSE mindset
Strong focus on HSE
Designed to prevent
falling objects
High reliability in well
control systems
Focus on competence
and planning skills
All operations 3D
animated up front
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Technical
Specifications
Tailor-made jack-up rigs for
operations in harsh
environment on both
surface and subsea wells
More efficient material
handling on deck
Simultaneous operations
Water depth capabilities
Separate completion and
drilling fluid systems
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Possibilities
Cat J
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Industrialisation
New sourcing approach
From fixed platform drilling
to subsea wells
Long-term contracts
secure predictability for
contractors and operator
Lowering risk for supplierswhile securing rig capacity
Rejuvenating rig fleet
Providing sustainable costcompetitiveness
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Finance
Ownership in licenses
Statoil will promote ownership of rigs in
licenses with long term work programs
Licences financial commitment is a keyto ensure enough fit for purpose rigs on
NCS in a challenging market
Ownership in license creates a market
for suppliers of operational services
Long-term contracts and ownership
ensures predictability for both
contractors and operators
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Cat J in brief
New rig design optimised for shallow waters and harsh environment
Target to be 20% more efficient and reduce yard delivery cost by10%
Real impact on improving oil recovery
Long-term contracts and ownership ensures predictability
Rejuvenating the NCS rig fleet
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New tailor-made jack-up rigs
www.statoil.com
Thank you!
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