Skrugard - possibility of new field centre Erik Strand Tellefsen, VP Skrugard

Possibility of new field centre Skrugard

Barents Sea - Skrugard

• Two substantial oil discoveries in less than one year: 400 – 600 million bbl

• Four new prospects to be drilled starting Q4-12

N

N3D view from NW

Skrugar

dHavis

7219/9-1

Top Realgrunnen Subgroup depth map(top Lower – Middle Jurassic reservoir)

SkavlSkavlIskrystIskrystallallNunata

Nunata

kk

Kramsn

øSkavl

Nunatak

Iskrystall

Kramsnø

PL 532 & PL608

Statoil 50% Operator

ENI 30%

Petoro 20%

- realising the area potential

Skrugard field development

• Floating process unit

• Subsea wells

• Reinjection of produced gas and water

• Offshore loading or pipeline to onshore terminal

- screening development options

~7 km

Skrugard field development

Discoveries Concept selectionInvestment

decisionPre-drilling First oil

Skrugard April 20112013 2014 2016 2018

Havis January 2012

- progressing an oil hub in the Barents Sea

Current main contractors

Aker Solutions Floating production units

Sevan Marine Floating production units

Multiconsult Onshore terminal

Aker Subsea Subsea concept

FMC Kongsberg Subsea Subsea concept

Subsea 7 Seabed survey

Fugro Oceanor Metocean measurement

Thank you

Get more out of ONS 2012Visit statoil.com/ons or m.statoil.com/ons

Skrugard

- possibility of new field centre

Erik Strand TellefsenVP Field development

www.statoil.com

Crossing energy

frontiers