technological challenges and opportunities in the high north ... and...
TRANSCRIPT
Technological challenges and opportunities in the High North – Statoil’s vision
Torgeir Kydland Senior vice-president, Development and Production International, Europe and Asia
Technology focused upstream company
• Seismic imaging and interpretation
• Reservoir characterization and recovery
• Drilling and well construction
• Subsea production and processing
Revitalise NCS with high value
barrels
Develop a leading global
exploration company
Continue portfolio
management to enhance value
creation
Create value from a superior
gas position
Build material positions in 3-5 new offshore
business clusters
Apply technology to expand in
unconventionals
Production above 2.5 million
boe/d in 2020
Four business critical technologies Business strategy
Technology as a critical driver for building strong international presence
Production Exploration
• Strong legacy production from NCS
- Significant resources and values • World’s largest offshore operator
- Operating more than 3 mill. boed
• Integrated global oil and gas producer
- 50% of resources outside NCS
• World leader in exploration in 2011
- 8 high impact finds in 2011
• Leading European gas producer
- Building strong gas value chain in US
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Sea of Okhotsk, Russia
Chukchi Sea, Alaska, USA
Beaufort Sea, Canada
Newfoundland, Canada
Barents Sea, Russia
Barents Sea, Norway
Development project Production
Exploration
Baffin Bay, Greenland
Statoil in the Arctic
• A key role in long term global energy supply
• Arena for international cooperation
• Will require development of new technology
• Strong HSE focus is a requirement for the license to operate
Securing a long-term and diverse position in Russia
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Perseevsky license block JV with Rosneft (33,3%)
Shtokman
Sea of Okhotsk JV with Rosneft (33,3%)
Kharyaga 30% in the Kharyaga PSA
Moscow Statoil Russia head office
Stavropol shale oil JV with Rosneft (33,3%)
North Komsomolskoye, Heavy oil JV with Rosneft (33,3%)
Statoil’s subsea technology development towards the Arctic • Long-distance well stream transport
• Subsea processing
• Subsea gas compression
Ormen Lange 2007 Snøhvit 2007 subsea to shore
Tyrihans 2009 water injection
Åsgard 2013 Ormen Lange 2017 subsea compression
Further Arctic subsea step-out
Tordis 2007 subsea processing
Snøhvit Phase II 250 km step-out
Ormen Lange/Snøhvit subsea developments
Challenges: • Long distance
• Rough seabed
• Sub-zero temperatures
Solutions: • Optimized pipeline seabed routing • Detailed flow models • Extensive hydrate management
Value creation through competence & technology
Viscous oil flow facility to capture value • Screening • Looking ahead • Trouble shooting
Peregrino
Mariner / Bressay
Grane
Unique research facility at Porsgrunn
Offshore heavy oil
Driving growth through technology Prioritising technology for value creation
Classification: Internal 2012-03-23 9
Offshore Heavy Oil Oil Sands
PEREGRINO - BRAZIL LEISMER - CANADA
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Early mover into unconventionals
Bakken Marcellus
Eagle For
South Georgina
Stavropol
Eagle Ford
Summary
• Statoil has a strong track record of crossing energy frontiers based on
advanced technology developments
• Statoil a natural partner for Russian companies to explore and develop the
Russian offshore arctic
• Statoil is also well positioned to cooperate with Rosneft in the development
of unconventional and challenging onshore oil resources in Russia
• Statoil is actively working to develop a commercial framework and technical
basis for a successful Shtokman development together with Gazprom
Statoil in Russia Torgeir Kydland Senior Vice President DPI EA E-mail [email protected] www.statoil.com
Classification: Internal 2012-05-04 12