FORCESubsea SystemsStavanger 30.5.2011

Hans Jørgen LindlandFMC Technologies

Agenda

2

Subsea Systems

EOR – operational issues

Opportunities

Summary

3

..conventional products…components packed together making up a system

4

..Subsea IOR Products…subsea compatible

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..Subsea IOR services...

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MaintenanceModificationRepair

24/7

WATCH

Flow Manager

Subsea Systems on NCS

Operating environmement

•HSE•Access - logistic•Cost

7

Gas fields-deepwater

Oil/gas- infrastructure

Close to 50% of oil production on NCS from subsea

Global Subsea Market – Strong Growth

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15 %

9 %

8 %

7 %

6 %6 %6 %

3 %

3 %

37 %

Subsea Tree Deliveries 2010-2014

Petrobras

BP

Chevron

Shell

Total

ExxonMobil

Statoil

Eni

ConocoPhillips

Other

Source: Infield Systems Ltd.

Annual Average 480 - 720 trees

Source: Datamonitor

Subsea Production Forecast by Region

0

2

4

6

8

10

12

14

16

18

2000 2005 2010 2015 2020

Middle East

Eastern Europe

Australasia

Western Europe

North America

Asia

Latin America

Africa

Mill

ion B

OEPD

Agenda

9

Subsea Systems

EOR - operational issues

Opportunities

Summary

Subsea EOR

• CO2 injection

• WAG and SAWAG

• Polymerinjection

• Water with chemicals

• Low salinity water

• Use of tracers

10

Subsea EOR Operational Issues

• Difficult and costly access to subsea wells

• Large well spacing

• Manifolding of production and injection lines

• Sea water readily available – fresh water costly

• Logistic and pumping of water and chemicals

• Controlling of flow – sampling?

• Environmental effects?

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12

Cost of well accessRLWI=2 Mnok/d

Riser based intervention

=4 Mnok/dDrilling and completion

=6Mnok/d

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Typical well spacing subsea

3800 - 4000 m

app. 280 m

* Length from 4700 m to 7600 mMD.

* Horizontal in the reservoir section.

Online Flow Control Needed

Dynamic Pipeline Simulator

Dynamic Process Simulator

Dynamic near-well reservoir model

Agenda

15

Subsea System

EOR – operational issues

Opportunities

Summary

Combined Operations – Pumping and RLWI..........Initiate a Pilot?........

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• 3 vessels in operation

• Pumping and storage

capasity for 500m3+

• Well access ok

IOR EOR

Subsea Sampling – New Technology

• Perform PVT sampling by use of an ROV

• IMR vessel can be used

• Provided for prevention of hydrate formation

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Logistic Freshwater – Shuttle Tankers

• Capasity 750kbbl

• In regular transit

• Relative low cost

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Multiphase meters w/ extended functionality

• Measure water salinity

• Detection of salt water break-through

• Measure injection flow by introducing one more DP cell

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Agenda

20

Subsea System

EOR – operational issues

Opportunities

Summary

Summary

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Status

SubseaEOR

Way forward

• Subsea fields accounts for close to 50% of oil production on NCS

• IOR services ongoing

• EOR?

• Access to wells and cost a big issue

• Opportunities exists

• Technology available

• Pilots needed

• EOR initiative must come from the operators/NPD

• The subsea industry ready to act!

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Thank you!