DOCSLIB.ORG

Total E&P Norge AS

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

TOTAL E&P NORGE AS ANNUAL REPORT 20 17 CONTENTS 04 KEY FIGURES 05 BOARD OF DIRECTORS’ REPORT 12 INCOME STATEMENT 13 CASH FLOW STATEMENT 14 BALANCE SHEET 16 ACCOUNTING POLICIES 17 NOTES 27 AUDITORS' REPORT 30 TOTAL'S INTERESTS ON THE NCS 31 MANAGEMENT STRUCTURE 2 2017 TOTAL REVENUES MILLION NOK 29 705 OPERATING PROFIT MILLION NOK 9 890 PRODUCTION (NET AVERAGE DAILY PRODUCTION) THOUSAND BOE 239 RESERVES OF OIL AND GAS (PROVED DEVELOPED AND UNDEVELOPED RESERVES AT 31.12) MILLION BOE 765 EMPLOYEES AVERAGE NUMBER OF FULL-TIME EMPLOYEES 392 3 ANNUAL REPORT 2017 | TOTAL E&P NORGE AS | KEY FIGURES KEY FIGURES MILLION NOK 2017 2016 2015 INCOME STATEMENT Total revenues 29 705 24 762 30 423 Operating profit 9 890 4 164 10 864 Financial income / (expenses) - net (79) (204) (1 020) Net income before taxes 9 811 3 960 9 844 Taxes on income 6 563 1 663 6 014 Net income 3 248 2 297 3 830 Cash flow from operations 18 824 13 351 15 644 BALANCE SHEET Intangible assets 1 416 1 763 2 090 Investments, property, plant and equipment 81 676 85 103 84 056 Current assets 15 775 9 385 7 106 Total equity 10 429 17 154 18 880 Long-term provisions 43 713 37 922 36 139 Long-term liabilities 27 957 32 856 33 504 Current liabilities 16 767 8 319 4 730 OTHER KEY FIGURES Acquisition of property, plant and equipment (in MNOK) 8 919 13 583 15 476 Exploration activity, costs and investments (in MNOK) 544 1 512 1 270 Rate of return on capital employed *) 7.4 % 4.8 % 8.8 % Production cost USD/bbl 5.0 5.5 6.9 Transport cost USD/bbl 3.6 3.6 3.6 PRODUCTION (IN THOUSAND BOE.) Net average daily production 239 235 239 RESERVES OF OIL AND GAS (IN MILLION BOE.) Proved developed and undeveloped reserves at 31.12 765 816 869 EMPLOYEES Average number of employees 392 438 447 *) Net income plus financial expense after tax as a percentage of capital employed at 1 January. Capital employed consists of total equity and liabilities less non-interest carrying debt. 4 ANNUAL REPORT 2017 | TOTAL E&P NORGE AS | REPORT BOARD OF DIRECTORS’ REPORT pursue exploration opportunities in Norway - Total submitted applications in the Awards 1 as operator and partner. in Predefined Areas 2017, which resulted As of 31 December 2017, Total E&P Norge in the award of three licences in January INTRODUCTION participated in 83 licenses on the Norwegian 2018. The licences are located in the Continental Shelf, of which 32 were operated Norwegian Sea and the North Sea. licenses. Total E&P Norge AS is a wholly owned sub- The main events as a partner company and sidiary of the French energy major Total. The Some of the key events in 2017 for Total as license partner in 2017 are: Company is based in Stavanger and respon- operator: - Total became a 7.5% share partner in sible for the Total Group’s exploration and - The finalisation of the Martin Linge top- the Technology Centre Mongstad with production activities in Norway. Total E&P sides process, utility and flare modules by Gassnova (77.5 %), Statoil (7.5%) and Shell Norge has been present in Norway for more the main contractor TechnipFMC/Samsung (7.5%). than 50 years. The Company is the second Heavy Industries (SHI) from the construc- - Total joined the Northern Lights full scale largest E&P company in Norway in terms of tion yard in Geoje, South Korea. The work CCS value chain project as a partner under production and reserves. was completed at the yard by the end of the operatorship of Statoil and with Shell as Total E&P Norge also represents nearly 10 December and the modules left for Norway the other partner. per cent of the global annual production from in January 2018. - Divestment of the Company’s remaining Total’s global E&P business, making the affili- - On 1 May 2017 a tragic crane accident 15% interest in Gina Krog to KUFPEC, in line ate one of the main contributors in the Group occurred at the SHI yard, where six yard with the Group’s strategy context. workers lost their lives and many were in- - Divestment of our interests in the licenses The year 2017 has been characterised by jured. All work at the site was suspended PL120 and PL120CS to Repsol (11% in both a high activity level and substantial changes for a period during investigations, and Total licenses, including a 7.7% interest in the within the Total E&P Norge portfolio and supported SHI with experts in order to find Visund and Visund Sør fields) – a trans- organisation. These changes continue into the fundamental causes and implement action completed in 2018. 2018, pending final closures of these main measures to prevent such an accident from transactions: happening again. The considerable work and efforts by our staff - On 21 August 2017, The Total Group - Following the crane accident, the finali- within the existing scope of activity, contribu- announced that it acquired the global E&P sation of the modules and sail away were tions to considerable costs savings internally business of Maersk Oil and Gas. This trans- postponed, and lifting, hook-up and com- and with our main operators, together with action includes the Maersk Oil Norway missioning in the North Sea moved from awards in the licensing rounds and planning assets and organisation, of which a partici- 2017 to 2018, and the start up of the field of future exploration wells, confirm the Com- pating interest of 8.44% in the giant Johan moved to 2019. pany’s commitment to and strength on the Sverdrup field in the North Sea is included. - In addition to the main modules from SHI, Norwegian Continental Shelf. - On 27 November 2017, Total announced the Living Quarter (LQ) was completed by Total E&P Norge attaches high impor- a sale of all of its interests in the operated Apply in Emtunga, Sweden, under a sub- tance to corporate social responsibility Martin Linge field (51%) and Garantiana contract to the main topsides contractor. and the due compliance by all Company discovery (40%) on the Norwegian Conti- - Digital communication systems were tested staff and our cooperating partners with the nental Shelf to Statoil. between the LQ and the Martin Linge On- Ethics Charter and Code of Conduct set by shore Operations Centre in Stavanger. the TOTAL Group. The year 2017 has - Conversion work was carried out on the The company is a member of the employ- Floating Storage and Offloading unit (FSO) er and industry association Norsk olje og been characterised by operated by Knutsen NYK Offshore Tankers gass and is working actively in many of the a high activity level and AS (KNOT) and the unit was prepared for organisation’s committees and work groups substantial changes within future oil storage offshore for when Martin supporting the industry’s joint interests on the Total E&P Norge Linge comes on stream. policy as well as technical subjects. Notably portfolio and organisation. - The Company continued production from Total E&P Norge’s Managing Director Pierre the subsea fields Skirne and Atla. Atla was Bang was elected to the Norsk olje og gass originally set to cease production in Q3 Board in November 2017. 2015. As a result of these transactions Total will - The Ministry of Petroleum and Energy mainly have production from non-operated approved the application from Total E&P assets in Norway in the years to come. How- Norge to produce the Herja discovery ever, the company maintains its position as well through the Martin Linge installation, the leading foreign producer from its OBO thereby increasing the resource estimate (Operated By Others) assets and continues to with 55 mboe. 5 ANNUAL REPORT 2017 | TOTAL E&P NORGE AS | REPORT related to the Martin Linge project. Some 2 non-conformities and one notification of EXPLORATION AND LICENSING order were identified during one of the ROUNDS HSE PERFORMANCE, audits. Several corrective measures were OPERATED ACTIVITY implemented and presentations and meet- In 2017, the Company continued its search for ings were held with the authorities. Based attractive new exploration acreage: on the input given by the company, all PSA Total’s exploration on the NCS forms part Total E&P Norge continues its efforts in order audits during 2017 are closed. of an overall approach on the geology in the to reach the ambition of being a benchmark In 2017, absence due to illness in the Com- North Sea area across country borders. The company in HSE performance, based on safe pany was at the same level as in 2016; 2.8%. exploration is aiming at creating value by: and environmentally friendly operations, and Total absence (employees’ illness + leave due - Focusing on larger prospects with the has adopted Safety as a core value. to own children’s illness) was 3.3%. potential for stand-alone economic devel- There was one Lost Time Injury (LTI) re- The Company has a Rehabilitation Com- opment corded within the Company’s HSE perimeter mittee which is responsible for providing - Increasing the value of our assets through in 2017. In 2017, the Total Recordable Injury relevant assistance to employees suffer- nearby exploration Rate (TRIR) was 0.64, below the target of ing from long-term illness. Total E&P Norge 0.94. The Lost Time Injury Frequency (LTIF) also has a committee that follows up and Total applied in the 2016 Awards in Pre-de- was 0.64, above the target of 0.47.
Recommended publications
  • Net Zero Targets and GHG Emission Reduction in the UK and Norwegian Upstream Oil and Gas Industry: a Comparative Assessment

    Net Zero Targets and GHG Emission Reduction in the UK and Norwegian Upstream Oil and Gas Industry: a Comparative Assessment

    November 2020 Net Zero Targets and GHG Emission Reduction in the UK and Norwegian Upstream Oil and Gas Industry: A Comparative Assessment OIES PAPER: NG 164 Marshall Hall, Senior Research Fellow, OIES The contents of this paper are the author’s sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members. Copyright © 2020 Oxford Institute for Energy Studies (Registered Charity, No. 286084) This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN 978-1-78467-168-6 i Abstract The recent adoption by the UK and Norway of net zero and climate neutrality targets by 2050 has galvanised the upstream oil and gas industry in both countries to adopt GHG emission reduction targets for 2030 and 2050 for the first time. Meeting these targets, ensuring an appropriate sharing of costs between investors and taxpayers and preserving investor confidence will present a lasting challenge to governments and industry, especially in periods of low oil and gas prices. The scale of the challenge on the Norwegian Continental Shelf (NCS) is far greater than on more mature UK Continental Shelf (UKCS) since the remaining resource base is much larger, the expected future production decline is less severe and the emission intensity on the NCS is already much lower (10 kg CO2e/boe) than on the UKCS (28 kgCO2e/boe) due to the long history of tighter emission standards and offshore CO2 taxation.
  • Oil and Gas Fields in Norway

    Oil and Gas Fields in Norway

    This book is a work of reference which provides an easily understandable Oil and gas fields in n survey of all the areas, fields and installations on the Norwegian continental shelf. It also describes developments in these waters since the 1960s, Oil and gas fields including why Norway was able to become an oil nation, the role of government and the rapid technological progress made. In addition, the book serves as an industrial heritage plan for the oil in nOrway and gas industry. This provides the basis for prioritising offshore installations worth designating as national monuments and which should be documented. industrial heritage plan The book will help to raise awareness of the oil industry as industrial heritage and the management of these assets. Harald Tønnesen (b 1947) is curator of the O Norwegian Petroleum Museum. rway rway With an engineering degree from the University of Newcastle-upon- Tyne, he has broad experience in the petroleum industry. He began his career at Robertson Radio i Elektro before moving to ndustrial Rogaland Research, and was head of research at Esso Norge AS before joining the museum. h eritage plan Gunleiv Hadland (b 1971) is a researcher at the Norwegian Petroleum Museum. He has an MA, majoring in history, from the University of Bergen and wrote his thesis on hydropower ????????? development and nature conser- Photo: Øyvind Hagen/Statoil vation. He has earlier worked on projects for the Norwegian Museum of Science and Technology, the ????????? Norwegian Water Resources and Photo: Øyvind Hagen/Statoil Energy Directorate (NVE) and others. 55 tHe ekoFIsk AReA The Ekofisk area lies in 70-75 metres of water at the southern end of Norway’s North Sea sector, about 280 kilometres south-west of Stavanger.
  • New Document

    New Document

    ANNUAL STATEMENT OF RESERVES 2016 AKER BP ASA Annual Statement of Reserves 2016 Annual Statement of Reserves 2016 Table of Contents 1 Classification of Reserves and Contingent Resources 1 2 Reserves, Developed and Non-Developed 2 3 Description of Reserves 5 3.1 Producing Assets 5 3.1.1 Alvheim and Viper/Kobra (PL036, Pl088BS, PL203) 5 3.1.2 Vilje (PL036D) 7 3.1.3 Volund (PL150) 8 3.1.4 Bøyla (PL340) 9 3.1.5 Atla (PL102C) 11 3.1.6 Jette (PL027D), PL169C, PL504) 11 3.1.7 Jotun (PL027B, PL203B) 12 3.1.8 Varg (PL038) 12 3.1.9 Ivar Aasen Unit and Hanz (Pl001B, PL028B, PL242, PL338BS, PL457) 13 3.1.10 Valhall (PL006B, PL033B) 15 3.1.11 Hod (PL033) 16 3.1.12 Ula (PL019) 17 3.1.13 Tambar (PL065) 19 3.1.14 Tambar East (PL065, PL300, PL019B) 20 3.1.15 Skarv/Snadd (PL262, PL159, PL212B, PL212) 21 3.2 Development Projects 22 3.2.1 Johan Sverdrup (PL265, PL501, PL502; Pl501B) 22 3.2.2 Gina Krog (PL029B) 25 3.2.3 Oda (PL405) 26 4 Contingent Resources 28 5 Management’s Discussion and Analysis 34 Annual Statement of Reserves 2016 List of Figures 1.1 SPE reserves and recourses classification systen .................................................................... 1 3.1 Alvheim and Viper/Kobra Location Map.................................................................................... 5 3.2 Vilje location map ...................................................................................................................... 7 3.3 Volund location map.................................................................................................................. 8 3.4 Bøyla location map.................................................................................................................. 10 3.5 Ivar Aasen Unit and Hanz location map.................................................................................. 13 3.6 Valhall and Hod location map.................................................................................................
  • Oil and Gas Fields in Norway

    Oil and Gas Fields in Norway

    This book is a work of reference which provides an easily understandable Oil and gas fields in n survey of all the areas, fields and installations on the Norwegian continental shelf. It also describes developments in these waters since the 1960s, Oil and gas fields including why Norway was able to become an oil nation, the role of government and the rapid technological progress made. In addition, the book serves as an industrial heritage plan for the oil in nOrway and gas industry. This provides the basis for prioritising offshore installations worth designating as national monuments and which should be documented. industrial heritage plan The book will help to raise awareness of the oil industry as industrial heritage and the management of these assets. Harald Tønnesen (b 1947) is curator of the O Norwegian Petroleum Museum. rway rway With an engineering degree from the University of Newcastle-upon- Tyne, he has broad experience in the petroleum industry. He began his career at Robertson Radio i Elektro before moving to ndustrial Rogaland Research, and was head of research at Esso Norge AS before joining the museum. h eritage plan Gunleiv Hadland (b 1971) is a researcher at the Norwegian Petroleum Museum. He has an MA, majoring in history, from the University of Bergen and wrote his thesis on hydropower ????????? development and nature conser- Photo: Øyvind Hagen/Statoil vation. He has earlier worked on projects for the Norwegian Museum of Science and Technology, the ????????? Norwegian Water Resources and Photo: Øyvind Hagen/Statoil Energy Directorate (NVE) and others. 47 tHe VAlHAll AReA The Valhall area lies right at the southernmost end of the NCS in the North Sea, just south of Ekofisk, Eldfisk and Embla.
  • 1 Introduction

    1 Introduction

    Notes 1 Introduction 1. Donald Macintyre, Narvik (London: Evans, 1959), p. 15. 2. See Olav Riste, The Neutral Ally: Norway’s Relations with Belligerent Powers in the First World War (London: Allen and Unwin, 1965). 3. Reflections of the C-in-C Navy on the Outbreak of War, 3 September 1939, The Fuehrer Conferences on Naval Affairs, 1939–45 (Annapolis: Naval Institute Press, 1990), pp. 37–38. 4. Report of the C-in-C Navy to the Fuehrer, 10 October 1939, in ibid. p. 47. 5. Report of the C-in-C Navy to the Fuehrer, 8 December 1939, Minutes of a Conference with Herr Hauglin and Herr Quisling on 11 December 1939 and Report of the C-in-C Navy, 12 December 1939 in ibid. pp. 63–67. 6. MGFA, Nichols Bohemia, n 172/14, H. W. Schmidt to Admiral Bohemia, 31 January 1955 cited by Francois Kersaudy, Norway, 1940 (London: Arrow, 1990), p. 42. 7. See Andrew Lambert, ‘Seapower 1939–40: Churchill and the Strategic Origins of the Battle of the Atlantic, Journal of Strategic Studies, vol. 17, no. 1 (1994), pp. 86–108. 8. For the importance of Swedish iron ore see Thomas Munch-Petersen, The Strategy of Phoney War (Stockholm: Militärhistoriska Förlaget, 1981). 9. Churchill, The Second World War, I, p. 463. 10. See Richard Wiggan, Hunt the Altmark (London: Hale, 1982). 11. TMI, Tome XV, Déposition de l’amiral Raeder, 17 May 1946 cited by Kersaudy, p. 44. 12. Kersaudy, p. 81. 13. Johannes Andenæs, Olav Riste and Magne Skodvin, Norway and the Second World War (Oslo: Aschehoug, 1966), p.
  • Rowland Kenney and British Propaganda in Norway: 1916-1942

    Rowland Kenney and British Propaganda in Norway: 1916-1942

    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by St Andrews Research Repository ROWLAND KENNEY AND BRITISH PROPAGANDA IN NORWAY: 1916-1942 Paul Magnus Hjertvik Buvarp A Thesis Submitted for the Degree of PhD at the University of St Andrews 2016 Full metadata for this item is available in St Andrews Research Repository at: http://research-repository.st-andrews.ac.uk/ Please use this identifier to cite or link to this item: http://hdl.handle.net/10023/8647 This item is protected by original copyright Rowland Kenney and British Propaganda in Norway: 1916-1942 Paul Magnus Hjertvik Buvarp This thesis is submitted in partial fulfilment for the degree of PhD at the University of St Andrews 18 September 2015 1. Candidate’s declarations: I, ……, hereby certify that this thesis, which is approximately ….. words in length, has been written by me, and that it is the record of work carried out by me, or principally by myself in collaboration with others as acknowledged, and that it has not been submitted in any previous application for a higher degree. I was admitted as a research student in [month, year] and as a candidate for the degree of …..…. in [month, year]; the higher study for which this is a record was carried out in the University of St Andrews between [year] and [year]. (If you received assistance in writing from anyone other than your supervisor/s): I, …..., received assistance in the writing of this thesis in respect of [language, grammar, spelling or syntax], which was provided by …… Date …… signature of candidate ……… 2.
  • Total E&P Norge AS

    Total E&P Norge AS

    ANNUAL REPORT TOTAL E&P NORGE AS E&P NORGE TOTAL TOTAL E&P NORGE AS ANNUAL REPORT 2014 CONTENTS IFC KEY FIGURES 02 ABOUT TOTAL E&P NORGE 05 BETTER TOGETHER IN CHALLENGING TIMES 07 BOARD OF DIRECTORS’ REPORT 15 INCOME STATEMENT 16 BALANCE SHEET 18 CASH FLOW STATEMENT 19 ACCOUNTING POLICIES 20 NOTES 30 AUDITIOR’S REPORT 31 ORGANISATION CHART IBC OUR INTERESTS ON THE NCS TOTAL E&P IS INVOLVED IN EXPLORATION AND PRODUCTION O F OIL AND GAS ON THE NORWEGIAN CONTINENTAL SHELF, AND PRODUCED ON AVERAGE 242 000 BARRELS OF OIL EQUIVALENTS EVERY DAY IN 2014. BETTER TOGETHER IN CHALLENGING TIMES Total E&P Norge holds a strong position in Norway. The Company has been present since 1965 and will mark its 50th anniversary in 2015. TOTAL E&P NORGE AS ANNUAL REPORT TOTAL REVENUES MILLION NOK 42 624 OPERATING PROFIT MILLION NOK 22 323 PRODUCTION (NET AVERAGE DAILY PRODUCTION) THOUSAND BOE 242 RESERVES OF OIL AND GAS (PROVED DEVELOPED AND UNDEVELOPED RESERVES AT 31.12) MILLION BOE 958 EMPLOYEES (AVERAGE NUMBER DURING 2013) 424 KEY FIGURES MILLION NOK 2014 2013 2012 INCOME STATEMENT Total revenues 42 624 45 007 51 109 Operating profit 22 323 24 017 33 196 Financial income/(expenses) – net (364) (350) (358) Net income before taxes 21 959 23 667 32 838 Taxes on income 14 529 16 889 23 417 Net income 7 431 6 778 9 421 Cash flow from operations 17 038 15 894 17 093 BALANCE SHEET Intangible assets 2 326 2 548 2 813 Investments, property, plant and equipment 76 002 67 105 57 126 Current assets 7 814 10 506 10 027 Total equity 15 032 13 782 6 848 Long-term provisions
  • 10Fields in Production

    10Fields in Production

    eng_fakta_2005_kap10 12-04-05 15:26 Side 66 10 Fields in production eng_fakta_2005_kap10 12-04-05 15:26 Side 67 Keys to tables in chapters 10–12 Interests in fields do not necessarily correspond with interests in the individual production licences (unitised fields or ones for which the sliding scale has been exercised have a different composition of interests than the production licence). Because interests are shown up to two decimal places, licensee holdings in a field may add up to less than 100 percent. Interests are shown at 1 January 2005. “Recoverable reserves originally present” refers to reserves in resource categories 0, 1, 2 and 3 in the NPD’s classification system (see the definitions below). “Recoverable reserves remaining” refers to reserves in resource categories 1, 2 and 3 in the NPD’s classification system (see the definitions below). Resource category 0: Petroleum sold and delivered Resource category 1: Reserves in production Resource category 2: Reserves with an approved plan for development and operation Resource category 3: Reserves which the licensees have decided to develop FACTS 2005 67 eng_fakta_2005_kap10 12-04-05 15:26 Side 68 Southern North Sea The southern part of the North Sea sector became important for the country at an early stage, with Ekofisk as the first Norwegian offshore field to come on stream, more than 30 years ago. Ekofisk serves as a hub for petroleum operations in this area, with surrounding developments utilising the infrastructure which ties it to continental Europe and Britain. Norwegian oil and gas is exported from Ekofisk to Teesside in the UK and Emden in Germany respectively.
  • Rowland Kenney and British Propaganda in Norway: 1916-1942

    Rowland Kenney and British Propaganda in Norway: 1916-1942

    ROWLAND KENNEY AND BRITISH PROPAGANDA IN NORWAY: 1916-1942 Paul Magnus Hjertvik Buvarp A Thesis Submitted for the Degree of PhD at the University of St Andrews 2016 Full metadata for this item is available in St Andrews Research Repository at: http://research-repository.st-andrews.ac.uk/ Please use this identifier to cite or link to this item: http://hdl.handle.net/10023/8647 This item is protected by original copyright Rowland Kenney and British Propaganda in Norway: 1916-1942 Paul Magnus Hjertvik Buvarp This thesis is submitted in partial fulfilment for the degree of PhD at the University of St Andrews 18 September 2015 1. Candidate’s declarations: I, ……, hereby certify that this thesis, which is approximately ….. words in length, has been written by me, and that it is the record of work carried out by me, or principally by myself in collaboration with others as acknowledged, and that it has not been submitted in any previous application for a higher degree. I was admitted as a research student in [month, year] and as a candidate for the degree of …..…. in [month, year]; the higher study for which this is a record was carried out in the University of St Andrews between [year] and [year]. (If you received assistance in writing from anyone other than your supervisor/s): I, …..., received assistance in the writing of this thesis in respect of [language, grammar, spelling or syntax], which was provided by …… Date …… signature of candidate ……… 2. Supervisor’s declaration: I hereby certify that the candidate has fulfilled the conditions of the Resolution and Regulations appropriate for the degree of ……… in the University of St Andrews and that the candidate is qualified to submit this thesis in application for that degree.
  • W & H Peacock Catalogue 16 Jan 2016

    W & H Peacock Catalogue 16 Jan 2016

    W & H Peacock Catalogue 16 Jan 2016 *1 Creed Aventus spray 120ml (boxed) (boxed) *2 Him Eau De Toilette 100ml (boxed) *29 Dior Eau Sauvage Eau De Toilette 100ml (boxed) *3 Paco Rabanne Lady Million 80ml Eau De Parfum *30 Gucci Bamboo Eau De Parfum spary 30ml and (boxed) Lancome Poeme L'eau De Parfum 30ml, Nina *4 Jo Malone London Wood Sage & Sea Salt Ricci Eau De Toilette spray 30ml (boxed) Cologne 100ml (boxed) *31 Dior Miss Dior La Farfum 40ml, HM Hanae Mori *5 Jo Malone London Wood Blackberry & Bay Eau De Parfum spray 50ml, Eastee Lauder White Cologne 100ml (boxed) Linen Spary 30ml and Burberry Brit Eau De Toilette spray 30ml (boxed) *6 Victor & Rolf Spice Bomb Eau De Toilette Pour Homme 90ml (boxed) *32 Abercrombie & Fitch Pierce cologne 100ml, Jean Paul Gaultier "Classique" 100ml and Calvin Klein *7 Jimmy Choo Man Eau De Toilette 50ml (Boxed) Eternity spray 100ml (boxed) *8 Him Eau De Toilette 100ml (boxed) *33 Nude by Rihanna spray 100ml, Ghost The *9 Dior Miss Dior Eau De Parfum 100ml (boxed) Fragrance spray 150ml and Jean Paul Gaultier Kokorico 50ml (boxed) *10 Art Ariana Grande Eau De Parfum spray 50ml (boxed) *34 Dolce & Gabbana The One Desine 30ml (boxed) *11 Creed Green Irish Tweed 120 ml spray (boxed) *35 Bvlgari Aqva Pour Homme Marine spray 50ml (boxed) *12 Eternal Love Pour Femme spray 100ml, Beyonce Heat 100ml spray and Truly Lovely Pour Femme *36 4160 Tuesdays London Crimes of Passion 100ml spray (boxed) perfume (boxed) *13 2 x Together Forever Pour Femme spray 100ml *37 Versace Bright Crystal Eau De Toilette spray 30ml
  • Fields in Production

    Fields in Production

    12 Fields in production Southern North Sea sector Ekofisk area (Ekofisk, Eldfisk, Embla and Tor) . 71 Glitne . 74 Gungne . 75 Gyda (incl Gyda South) . 76 Hod . 77 Sigyn . 78 Sleipner West . 79 Sleipner East . 80 Tambar . 81 Ula . 82 Valhall ( incl Valhall flanks and Valhall water injection) . 83 Varg . 84 Northern North Sea sector Balder (incl Ringhorne) . 86 Brage . 87 Frigg . 88 Gullfaks (incl Gullfaks Vest) . 90 Gullfaks South (incl Rimfaks and Gullveig) . 92 Heimdal . 94 Huldra . 95 Jotun . 96 Murchison . 97 Oseberg (Oseberg, Oseberg West, Oseberg East, Oseberg South) . 98 Snorre (incl Snorre B) . 101 Statfjord . 103 Statfjord North . 105 Statfjord East . 106 Sygna . 107 Tordis (incl Tordis East and Borg) . 108 Troll phase I . 110 Troll phase II . 112 Tune . 114 Vale . 115 Veslefrikk . 116 Vigdis . 117 Visund . 118 Norwegian Sea Draugen . 120 Heidrun . 121 Njord . 122 Norne . 123 Åsgard . 124 Fields which have ceased production . 126 12 Explanation of the tables in chapters 12–14 Interests in fields do not necessarily correspond with interests in the individual production licences (unitised fields or ones for which the sliding scale has been exercised have a different composition of interests than the production licence). Because interests are shown up to two deci- mal places, licensee holdings in a field may add up to less than 100 per cent. Interests are shown at 1 January 2003. Recoverable reserves originally present refers to reserves in resource categories 0, 1, 2 and 3 in the NPD’s classification system (see the definitions below). Recoverable reserves remaining refers to reserves in resource categories 1, 2 and 3 in the NPD’s classification system (see the definitions below).
  • Structural Framework of the Statfjord Formation (Rhaetian-Sinemurian) in the Oseberg South Field, Norwegian North Sea

    Structural Framework of the Statfjord Formation (Rhaetian-Sinemurian) in the Oseberg South Field, Norwegian North Sea

    Structural Framework of the Statfjord Formation (Rhaetian-Sinemurian) in the Oseberg South Field, Norwegian North Sea Jeffrey John Catterall Petroleum Geosciences Submission date: May 2012 Supervisor: Stephen John Lippard, IGB Norwegian University of Science and Technology Department of Geology and Mineral Resources Engineering Acknowledgements First and foremost, I would like to thank Statoil ASA for the opportunity to work on this project, and for providing me with a place to sit in the Bergen office while writing the thesis. In addition, I would like to thank both of my supervisors Hugo Sese at Statoil and Stephen Lippard at NTNU for their support and feedback throughout the project, and also to Jim Daniels who helped turn this project into one suitable for a Master’s thesis. I have received support from many individuals from the Oseberg South Petroleum Technology Group. Their constant feedback, mentorship, and support during the many aspects of this project have been greatly appreciated. Lastly, thank you to all of my friends and fellow classmates that have made my two years at NTNU such a wonderful experience. Jeffrey John Catterall June 2012 ii Abstract The Statfjord Formation (Rhaetian-Sinemurian) produces from six fields across the North Sea, but no discoveries have yet been made in the 12 exploration wells across the Oseberg South Field. The field has undergone two major periods of rifting in the Permian-Triassic and from the mid-Jurassic to Early Cretaceous. The Statfjord Formation was deposited during the Permian-Triassic post-rift period, but its tectonic influence on the paleogeography of the formation is not well understood.