05. Exploration in the Norwegian and Russian Arctic (ENG
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23/01/2014 Exploration in the Russian and Norwegian Arctic Terje Dahl, VP Russian-Caspian exploration unit Copyright©Statoil January 2014 Arctic important for long term global energy supply Increasing global energy demand Significant resource potential Global oil demand Global gas demand ex bio fuels, mbd 1000 bcm International bunkers Other non-OECD countries Non-OECD Asia OECD Source: IEA (history), Statoil (projections) Source: USGS 2 1 23/01/2014 There is no one Arctic, but many Arctic regions Workable Arctic Stretch Arctic Extreme Arctic • Oil & gas activities • Requirement for • Requirement for radical possible with today’s incremental innovation innovation and technologies and technology technology development • For example Southern development • For example North East Barents Sea and East • For example North East Greenland Coast Canada Barents Sea 3 Long History of Exploring the Arctic Otto Sverdrup Georgy Sedov Mikhail Fridtjof Nansen Lomonosov Roald Amundsen Arthur Chilingarov 2 23/01/2014 Strong partnership with Rosneft • Offshore joint venture in the Russian Barents Sea and Sea of Okhotsk • Partners in offshore exploration license in the Norwegian Barents Sea • Pilot study on heavy-oil onshore asset in West Siberia • Signed shareholders and operating agreement for Domanik shale oil cooperation Photo: Courtesy of prime minister press office 5 Activities in the Norwegian-Russian Arctic Norwegian Barents Sea Production, development and exploration Perseevsky license block JV with Rosneft Kharyaga Partner in the Kharyaga PSA Moscow Statoil Russia head office Sea of Okhotsk North Komsomolskoye JV with Rosneft Onshore heavy-oil pilot study with Rosneft Domanik shale oil JV with Rosneft 6 3 23/01/2014 Technology key to new solutions • Technology key to access resources in complex offshore basins − Early access requires higher technology risk and new methods − Award-winning Source Rock from Seismic technology (AAPG 2011) Perspective view of the Barents Sea from the northwest: • The Johan Castberg high-impact discovery − New play opener in Barents Sea − New technology in known petroleum system − Enabled by 3D seismic technology Johan Castberg (Skrugard) double flat spots 7 The Barents Sea A new horizon in the northern areas Exploration Perseevsky • Ambitious exploration program & strong exploration results • New plays opened in the Barents Sea • Strategic cross border cooperation with Hoop Rosneft Johan Castberg Acreage • Exciting award in the 22nd licensing round • Barents Sea southeast opened for petroleum activity * Norwegian Polar Institute, 2011 8 4 23/01/2014 Sea of Okhotsk – The Magadan shelf licenses • 3 Licenses: 79000 km2 of frontier exploration acreage • Complex geology • Only one deep well Lisyansky Magadan-1 • ~ 10 000 km 2D good quality seismic acquired in 2013 • Processing and intepretation ongoing Kasherovsky • First well in ~2016 • Good cooperation between Rosneft and Statoil Collaboration • Industry working with authorities and regulators across borders Aligning and improving standards • Industry working together I,e, Rosneft and its partners signed Arctic Environmental Protection Declaration • Support from academia and experts Industry funding and cooperation • Industry depended on predictability Arctic projects require stable economic framework and continuous efforts to reduce costs 10 5 23/01/2014 Exploration in the Russian-Norwegian Arctic Terje Dahl, Vice President, Russian-Caspian exploration unit www.statoil.com 11 6 .