This document discusses future gas export from Norway's continental shelf and provides context on the Norwegian gas transportation system. It notes that while production from existing fields is expected to decline after 2020, new discoveries have been made that could extend gas resources. However, developing these new resources located further north will require new gas transportation infrastructure due to the long distances from existing infrastructure. Norway has started evaluating potential transportation solutions through the Barents Sea Gas Infrastructure Forum to enable monetization of gas resources in the Barents Sea.
How Albanian legislation facilitates the exploration and development of hydro...Albania Energy Association
Presentation: How Albanian legislation facilitates the exploration and development of hydrocarbons
Dael Dervishi, Executive Director, National Agency of Natural Resources (AKBN)
A presentation delivered by Cabot Oil & Gas at the Scotia Howard Weil Energy Conference in New Orleans in March 2016. During the presentation we learn Cabot plans to complete 40 wells in the Marcellus in 2016 and grow production slightly--up to 7% in 2016 over 2015.
The document discusses resources and reserves in the oil and gas industry. It defines resources as total quantities of discovered and undiscovered petroleum, divided into discovered and undiscovered quantities initially in place. Reserves are classified according to certainty levels of proved, probable and possible. Reserves must be recoverable under economic conditions from known accumulations. Estimation involves volumetric, material balance and production decline analysis, considering future development projects. Regular validation through reserves reconciliation is important.
What are my 3P Reserves? Haas Petroleum Engineering Serviceshaasengineering
What is the best way to estimate your 3P reserves? President of Haas Petroleum Engineering Services Thad Toups gave this presentation on Haas' internal analytics and auditing methodology.
Canadian Coast Guard: Mari-Tech 2017 PresentationRebecca Barton
The Canadian Coast Guard provides a variety of services to Canadians with a fleet of 117 vessels. It is currently working to update its Fleet Renewal Plan to replace aging vessels. Since 2005 the Coast Guard has invested over $7 billion to renew its fleet, funding a variety of vessel replacement and repair projects. In 2017/2018 it will perform vessel life extensions and maintenance on several of its large vessels.
Teekay LNG Partners LP reported financial results for the fourth quarter and fiscal year 2013. The company generated distributable cash flow of $63.4 million in Q4-13, an 18% increase from Q4-12. For fiscal 2013, distributable cash flow was $237.1 million, an 8% increase over fiscal 2012. The company also took delivery of its second LNG carrier newbuilding and exercised an option to purchase an additional MEGI LNG carrier with delivery in 2017. Looking ahead, LNG shipping market fundamentals are expected to improve significantly from 2016 as new LNG export supply comes online, which could tighten vessel supply and demand and increase charter rates.
This document summarizes financing trends in the global LNG infrastructure industry from 2016-2017 according to a report by Poten & Partners. It finds that liquefaction projects received the largest share of funding, though results are skewed by the large Yamal LNG project. Project finance continues to be a major source of funding. Key lenders include commercial banks, export credit agencies, and development banks. Shipping companies raise funds through corporate finance, leasing, project finance and capital markets for LNG carriers, FSRUs and FLNG vessels.
The document summarizes the reserve estimation of the Titas gas field in Bangladesh using different methods. It describes the location and geology of the field and outlines the objectives to estimate gas initially in place, recoverable reserves, and recovery factor using volumetric, conventional material balance, and flowing gas material balance methods. The results show that the gas initially in place ranges from 6.2 to 11.3 trillion cubic feet depending on the method. The recoverable reserves and recovery factors are also estimated and compared for the different reservoir sands.
Petrochemical Supply Chain and Logistics 2017Taylor Robinson
This document summarizes the presentation by Taylor Robinson of PLG Consulting on shale gas, industrial expansion, and polyethylene. The presentation covers:
1) An overview of the US shale gas revolution and its impact on markets and logistics.
2) The impact of industrial build-out driven by shale gas, including $145B in investments through 2025 focused on petrochemicals and plastics in Texas and Louisiana.
3) Updates on North American polyethylene expansion, including capacity growth of 31% by 2020 that will require exports to grow from 2.5MM tons currently to over 6MM tons.
The document discusses definitions and categories of petroleum reserves based on probabilities of production. It defines proven, probable, and possible reserves, which have 90%, 50%, and 10% certainty of being produced, respectively. Methods for estimating reserves are described, including volumetric analysis, decline curve analysis, and production forecasting based on projected prices, costs, and other factors.
The document provides an overview and highlights of California Resources Corporation's Central Reservoir Engineering team from 2013-2015. It summarizes 6 key achievements:
1) Streamlining surveillance processes that exceeded Elk Hills production targets by 5,000 boe/d.
2) Assisting with booking additional proven reserves of 8-10 MMBOE for the Stevens 31S reservoir.
3) Determining the best methodology for booking proven reserves for the contentious ESOZ reservoir.
4) Implementing a streamline program resulting in success at Yowlumne and more opportunities.
5) Leading initiatives for various "poor boy" EOR techniques with potential.
6) Successfully implementing reservoir engineering
The document provides an overview of Antero Resources Corporation, including:
- Antero has significant reserves of 37.5 Tcfe primarily in the Marcellus and Utica shale plays with high potential for further reserve growth.
- Production has grown significantly from 566 MMcfe/d in 3Q 2013 to 891 MMcfe/d currently due to a focus on liquids-rich development across its acreage.
- Antero has leading capital efficiency with a low average development cost of $1.15/Mcfe and industry-leading recycle ratio of 4.8x, supporting high returns on productive capital.
Poyry - How can small-scale LNG help grow the European gas market? - Point of...Pöyry
A large new market for natural gas is under rapid development whilst also reducing emissions. LNG is reaching markets previously inaccessible to pipeline gas; as a fuel for transport and for communities remote from the gas grid. A significant development is the use of LNG in marine transport, which currently uses heavy fuel oils.
- Premier reported strong 2013 annual results with cash flows of $833 million, up from $808 million in 2012. Cash on hand was $449 million.
- Production for 2013 was 57.7 thousand barrels of oil equivalent per day, up from 58.2 thousand in 2012.
- The company expects to sanction the Catcher development in 2014 and for Solan to come online late 2014. Exploration successes included discoveries in Norway, Indonesia and the Falklands.
- Premier will focus investments on highest return projects while maintaining a strong balance sheet and reducing capital exposure to the Sea Lion project.
The document summarizes PT Nusantara Regas's LNG FSRU business model. Some key points:
- PT Nusantara Regas operates an FSRU in Jakarta Bay that receives LNG from carriers and regasifies it for delivery to power plants and other gas buyers.
- The business aims to meet Indonesia's growing gas demand and reduce reliance on fuel subsidies by accelerating domestic gas utilization.
- An FSRU was chosen as it allows rapid deployment and is economically feasible for 10 years, until a permanent onshore terminal can be built.
- The business model involves managing LNG supply from existing sources, gas sales to power company PLN and other buyers,
IRJET- Analysis of Reserve Estimation using Volumetric Method on Taq Taq Oil ...IRJET Journal
This document analyzes reserve estimation using the volumetric method on the Taq Taq oil fields in Iraq. It presents geological and petrophysical data from four reservoirs - Pilspe, Shiranish, Kometan, and Qamchaqa. The original oil in place is estimated for each reservoir using the volumetric method equation, which considers rock volume, porosity, water saturation, and formation volume factor. The estimated original oil in places for the four reservoirs are 322.296 MMSTB, 149,264,519,309 STB, 49716600472 STB, and 25429490369 STB respectively. The reserve estimates provide a basis for resource development planning of the Taq Taq field.
This document analyzes potential maintenance and supply opportunities from major oil and gas projects in Northern Australia centered around Darwin. It summarizes upcoming and existing LNG projects that will utilize Darwin as an operations hub by 2016, including the Ichthys LNG and Prelude FLNG projects. The analysis identifies capability gaps in the local supply sector that represent opportunities for companies, and provides an overview of exploration activity in key onshore basins in the Northern Territory. The goal is to help industry and government capitalize on the growth of Darwin as a major oil and gas hub.
The document provides an annual results presentation for 2012 that summarizes the company's strategy, highlights for the year, reviews performance by business unit, and discusses key developments and exploration activities. The company delivered on its strategy of focusing on high-quality, high-return developments and acquisitions in core areas. Notable achievements in 2012 included sanctioning four major projects, progressing the Catcher development, and adding prospective resources through new exploration acreage. Production increased 43% to 57.7 kboepd, and the portfolio of reserves and resources continued expanding.
Northern Lights: A European CO2 transport and storage project Global CCS Institute
The Global CCS Institute hosted the final webinar of its "Telling the Norwegian CCS Story" series which presented Northern Lights. This project is part of the Norwegian full-scale CCS project which will include the capture of CO2 at two industrial facilities (cement and waste-to-energy plants), transport and permanent storage of CO2 in a geological reservoir on the Norwegian Continental Shelf.
Northern Lights aims to establish an open access CO2 transport and storage service for Europe. It is the first integrated commercial project of its kind able to receive CO2 from a variety of industrial sources. The project is led by Equinor with two partners Shell and Total. Northern Lights aims to drive the development of CCS in Europe and globally.
An investor presentation outlining Australian company Liquefied Natural Gas Limited's purchase of a site in Richmond County, Nova Scotia (Canada) from Anadarko Petroleum. Anadarko had planned to build an LNG import facility at the site--however those plans have changed. LNGL now proposes to build an LNG export facility at the site--a facility that will use, in part, gas pipelined up from the Marcellus Shale region. A final decision on whether or not to build the facility will come in 2016.
Northern Norway is experiencing significant investment and growth, totaling an estimated NOK 300 billion between 2014-2022 across various sectors such as offshore, energy, and infrastructure. The offshore industry in particular is booming, with planned investments of NOK 65 billion, driven by new oil and gas discoveries. Opportunities exist for Finnish companies to supply the Norwegian offshore industry, as they have expertise in technical work, equipment, engineering, shipbuilding, and other supporting industries needed for the development of fields in the Norwegian Sea and Barents Sea.
Dr. Per Christer Lund, Counsellor Science and Technology Norwegian Embassy in Tokyo, gave a briefing on CCS in Norway at the Global CCS Institute Japan study meeting in Tokyo on October 29, 2012
Decarbonizing Industry Using Carbon Capture: Norway Full Chain CCSGlobal CCS Institute
Industrial sectors such as steel, cement, iron, and chemicals production are responsible for over 20 percent of global carbon dioxide (CO2) emissions. To be on track to meet greenhouse gas emissions reduction targets established as part of the Paris Climate Accord, all sectors must find solutions to rapidly decarbonize, and carbon capture and storage (CCS) technology is the only path for energy-intensive industries.
This webinar will explore how one country, Norway, is working to realize a large-scale Full Chain CCS project, where it is planning to apply carbon capture technology to several industrial facilities. This unique project explores capturing CO2 from three different industrial facilities - an ammonia production plant, a waste-to-energy plant, and a cement production facility. Captured CO2 will be then transported by ship to a permanent off-shore storage site operated as part of a collaboration between Statoil, Total, and Shell. When operational, Norway Full Chain CCS will capture and permanently store up to 1.5 million tons of CO2 per year.
During this webinar, Michael Carpenter, Senior Adviser at Gassnova, will provide an overview of the Norway Full Chain CCS, and discuss the value that Norway aims to derive from it. The key stakeholders working on this exciting project, and how they cooperate, will be also discussed. Gassnova is a Norwegian state enterprise focusing on CCS technology, which manages the Norway Full Chain CCS project.
Norway – a leading role in CCS developmentGassnova SF
GASSNOVA HAS A MAJOR AND
VERY DEMANDING MANDATE,
given to us by the nation of Norway: We are to help provide solutions
for CO2 capture and storage (CCS), so that humanity does not make
this world uninhabitable for coming generations.
The document provides an agenda and overview of a field trip to Hammerfest, Norway to visit the Goliat oil field. It summarizes Eni's phaseable development approach, which focuses on quickly translating resources to reserves through integrated reservoir modeling and uncertainty quantification. It aims to reduce risks and accelerate project timelines. Eni applies strict cost controls through modular design, framework agreements, and integration of commissioning and operations. The document also summarizes key details of the giant Zohr gas field discovery offshore Egypt and Eni's long involvement in developing fields in Norway.
The document discusses opportunities in the offshore industry in East and Southeast Asia. It notes that US and European companies dominate high-end offshore technologies while Singaporean and South Korean companies lead in assembly construction. China is increasing its role in general contracting and deep-water equipment. The value chain and key players in offshore industries in China, Australia, Singapore, and Malaysia are described. Business opportunities for foreign companies are highlighted in the Malaysian oil and gas industry through various Entry Point Projects.
This document summarizes information about shale gas resources and exploration in Poland. It discusses Poland's energy problems and potential for shale gas, outlines exploration strategies and licensing requirements, and summarizes initial studies of hydraulic fracturing operations in Poland which found no impact on water or soil quality from fracturing activities. The document advocates for reducing environmental impacts through measures like public information sharing, research into fracturing techniques and chemicals, and use of multi-well pads.
This document discusses opportunities for oil and gas operations on the northern Norwegian Continental Shelf (NCS). It defines the northern NCS as the area above 65°30' N latitude. The climate challenge of reducing carbon emissions globally means fossil fuels will still be important for decades while renewable sources expand significantly. As activities shift gradually north on the NCS, realizing increased oil and gas production in the far north by 2030 could create value and jobs in northern Norway if certain climatic, economic and socioeconomic conditions are met. The report aims to identify these conditions and make a fact-based contribution to discussions on opportunities and challenges in the northern NCS.
Oil and Gas Exploration in the Arctic - Vast, Technically Recoverable Oil and...ReportsnReports
This document summarizes an oil and gas industry report about exploration in the Arctic region. It finds that the Arctic holds an estimated 22% of the world's undiscovered oil and gas resources. International oil companies are increasing exploration there due to new technologies, shrinking sea ice, and tax incentives from Russia. However, exploration also faces challenges from environmental groups and harsh conditions. The report details exploration activities and partnerships between oil companies and Russia's Rosneft and Gazprom in the Arctic.
Signal, cleaner fuel required for ships entering hong kong waters insight f...Team Finland Future Watch
The regulations concerning the levels of sulphur dioxide emissions form the marine sector are set to tighten in Hong Kong starting from January 2019. Vessels are currently only required to switch to a low sulphur dioxide fuel when at berth in Hong Kong. The planned tweaks in the regulations will, however, require the ships to switch to a fuel with less than 0.5 per cent sulphur when entering Chinese waters. The implementation of the forthcoming regulation will present some challenges. The Finnish maritime industry and Finnish cleantech companies might be able to provide solutions to these challenges.
The document discusses upstream developments and gas infrastructure implications in the Black Sea region. It provides an overview of exploration and production activities by major companies in Bulgarian and Romanian waters, including discoveries by Total, Shell, OMV, Repsol, Petroceltic, Carlyle, Lukoil, Exxon and OMV Petrom. It also mentions Turkey's plans to perform offshore drilling and seismic exploration in the Black Sea in coming years.
The document discusses the oil and gas sector in Scotland. It provides statistics on the sector's economic contribution and history. It outlines challenges facing the mature UK oil and gas industry like rising costs. The Scottish Enterprise's strategy involves maximizing recovery through supply chain expertise, innovation, skills, and internationalization. Plans are described to support the supply chain domestically and abroad, drive innovation, develop new opportunities, and address skills and infrastructure issues to ensure long-term sustainability of the important industry.
Pa resources Pareto O&O Conference 5 sept 2013PA Resources AB
PA Resources has a diversified portfolio of oil and gas assets in various stages of exploration, development and production. They have 7 producing fields located in Tunisia and Equatorial Guinea, with average production of 4,800 bopd in Q2 2013. They also have 9 potentially commercial discoveries and are exploring additional prospects through seismic programs and planned drilling campaigns in Tunisia, Congo, Equatorial Guinea and Denmark over the next 1-2 years. Recent discoveries in Denmark could contain 25-50 mmboe of resources and appraisal drilling is being considered in 2014. PA Resources is also seeking industry partners through farm-out agreements to share costs and risks associated with further exploration and development.
Innovasjon Norge: Reiselivsåret 2015 og forventinger 2016Innovation Norway
2015 ble ikke bare et år med flere kommersielle gjestedøgn og et økt turismeforbruk - Norge tok også andeler i internasjonal turisme. Forventningene til 2016 er gode og preget av optimisme.
Sonkoloniya is a web-based realtime code editor with hosting functionality developed by Subham Mandal from ONEprojukti. Sonkoloniya enables users to write and run HTML, CSS, and JavaScript code in real-time. It features a user-friendly interface with separate code editing panes, live preview, console output, and file management capabilities.
BLOCKCHAIN TECHNOLOGY - Advantages and DisadvantagesSAI KAILASH R
Explore the advantages and disadvantages of blockchain technology in this comprehensive SlideShare presentation. Blockchain, the backbone of cryptocurrencies like Bitcoin, is revolutionizing various industries by offering enhanced security, transparency, and efficiency. However, it also comes with challenges such as scalability issues and energy consumption. This presentation provides an in-depth analysis of the key benefits and drawbacks of blockchain, helping you understand its potential impact on the future of technology and business.
Types of Weaving loom machine & it's technologyldtexsolbl
Welcome to the presentation on the types of weaving loom machines, brought to you by LD Texsol, a leading manufacturer of electronic Jacquard machines. Weaving looms are pivotal in textile production, enabling the interlacing of warp and weft threads to create diverse fabrics. Our exploration begins with traditional handlooms, which have been in use since ancient times, preserving artisanal craftsmanship. We then move to frame and pit looms, simple yet effective tools for small-scale and traditional weaving.
Advancing to modern industrial applications, we discuss power looms, the backbone of high-speed textile manufacturing. These looms, integral to LD Texsol's product range, offer unmatched productivity and consistent quality, essential for large-scale apparel, home textiles, and technical fabrics. Rapier looms, another modern marvel, use rapier rods for versatile and rapid weaving of complex patterns.
Next, we explore air and water jet looms, known for their efficiency in lightweight fabric production. LD Texsol's state-of-the-art electronic Jacquard machines exemplify technological advancements, enabling intricate designs and patterns with precision control. Lastly, we examine dobby looms, ideal for medium-complexity patterns and versatile fabric production.
This presentation will deepen your understanding of weaving looms, their applications, and the innovations LD Texsol brings to the textile industry. Join us as we weave through the history, technology, and future of textile production.
How Social Media Hackers Help You to See Your Wife's Message.pdfHackersList
In the modern digital era, social media platforms have become integral to our daily lives. These platforms, including Facebook, Instagram, WhatsApp, and Snapchat, offer countless ways to connect, share, and communicate.
Litestack talk at Brighton 2024 (Unleashing the power of SQLite for Ruby apps)Muhammad Ali
Exploring SQLite and the Litestack suite of SQLite based tools for Ruby and Rails applications. Litestack offers a SQL database, a cache store, a job queue, a pubsub engine, full text search and performance metrics for your Ruby/Ruby-on-Rails apps
Best Practices for Effectively Running dbt in Airflow.pdfTatiana Al-Chueyr
As a popular open-source library for analytics engineering, dbt is often used in combination with Airflow. Orchestrating and executing dbt models as DAGs ensures an additional layer of control over tasks, observability, and provides a reliable, scalable environment to run dbt models.
This webinar will cover a step-by-step guide to Cosmos, an open source package from Astronomer that helps you easily run your dbt Core projects as Airflow DAGs and Task Groups, all with just a few lines of code. We’ll walk through:
- Standard ways of running dbt (and when to utilize other methods)
- How Cosmos can be used to run and visualize your dbt projects in Airflow
- Common challenges and how to address them, including performance, dependency conflicts, and more
- How running dbt projects in Airflow helps with cost optimization
Webinar given on 9 July 2024
leewayhertz.com-AI agents for healthcare Applications benefits and implementa...alexjohnson7307
In recent years, the integration of artificial intelligence (AI) in various sectors has revolutionized traditional practices, and healthcare is no exception. AI agents for healthcare have emerged as powerful tools, enhancing the efficiency, accuracy, and accessibility of medical services. This article explores the multifaceted role of AI agents in healthcare, shedding light on their applications, benefits, and the future they herald.
Ivanti’s Patch Tuesday breakdown goes beyond patching your applications and brings you the intelligence and guidance needed to prioritize where to focus your attention first. Catch early analysis on our Ivanti blog, then join industry expert Chris Goettl for the Patch Tuesday Webinar Event. There we’ll do a deep dive into each of the bulletins and give guidance on the risks associated with the newly-identified vulnerabilities.
WhatsApp Spy Online Trackers and Monitoring AppsHackersList
Learn about WhatsApp spy online trackers, parental monitoring tools, and ethical considerations in WhatsApp surveillance. Discover features, methods, and legal implications of monitoring WhatsApp activity.
Utilizing pigged pipeline technology proves advantageous for the transfer of a diverse range of products. Addressing a significant challenge in Lube Oil Blending Plants, pigged manifolds seamlessly interconnect numerous source tanks with various destinations like filling and loading. This innovative approach enhances efficiency and resolves complexities associated with managing multiple product transfers within the blending facility.
"Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes...Anant Gupta
Discover the art of graphic design with our comprehensive guide tailored for both beginners and seasoned professionals. Learn essential tips and tricks, explore the best design tools and software, and get inspired by creative design ideas. Whether you're just starting out or looking to refine your skills, this guide has everything you need to master the world of graphic design. Dive into topics ranging from basic principles to advanced techniques and stay ahead in the ever-evolving design industry.
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2024/07/deploying-large-language-models-on-a-raspberry-pi-a-presentation-from-useful-sensors/
Pete Warden, CEO of Useful Sensors, presents the “Deploying Large Language Models on a Raspberry Pi,” tutorial at the May 2024 Embedded Vision Summit.
In this presentation, Warden outlines the key steps required to implement a large language model (LLM) on a Raspberry Pi. He begins by outlining the motivations for running LLMs on the edge and exploring practical use cases for LLMs at the edge. Next, he provides some rules of thumb for selecting hardware to run an LLM.
Warden then walks through the steps needed to adapt an LLM for an application using prompt engineering and LoRA retraining. He demonstrates how to build and run an LLM from scratch on a Raspberry Pi. Finally, he shows how to integrate an LLM with other edge system building blocks, such as a speech recognition engine to enable spoken input and application logic to trigger actions.
“Deploying Large Language Models on a Raspberry Pi,” a Presentation from Usef...
Gassco - Future Gas Export from the Norwegian Continental Shelf - Thor Otto Lohne
1. Future Gas Export from the Norwegian
Continental Shelf (NCS)
Thor Otto Lohne
CFO and Executive Vice President
2. The petroleum sector – Norway’s largest industry
2013
•
•
•
•
•
•
76 fields are in production – more than 40% of the discovered resources are produced
55 companies are license holders on the Norwegian Continental Shelf (NCS)
42 wells drilled in 2012
The investment level in 2012 was more than 20 B€ (incl. exploration cost)
Oil production (incl. NGL and condensate) in 2012 was about 1.9 million bbl/d
Gas sale in 2012 was 114.8 GSm³
2
3. The integrated Norwegian gas transport system
• Connected to all major gas-producing
fields on the NCS
• 7 975 km of large-diameter, highpressure pipelines
• Riser platforms
• Large processing facilities in
Norway
• Receiving terminals in four
European countries
• Connected to major downstream
gas transmission systems in Europe
and the UK
www.gassco.no
4. Gassco
• Gassco is responsible for safe and
efficient gas transport from the
Norwegian Continental Shelf
• Key activities include:
‒ Asset management; technical
operation and maintenance of the
pipelines, platforms and onshore
facilities
‒ System operations; planning and
monitoring of the gas supply
‒ Capacity management; administration
of the available transport capacity
‒ Infrastructure development;
adjustments and expansions of the
gas infrastructure
www.gassco.no
4
5. Situation on the Norwegian Continental Shelf (NCS)
Norge har vært gjennom en periode med rask vekst i gassproduksjon og tilhørende oppbygging av infrastruktur
Produksjon av naturgass og teoretisk eksportkapasitet, 1975-2010
GSm3/år
160
Other
Gjøa (FLAGS)
ODIN
Tampen Link (FLAGS)
Snøhvit
140
OSEBERG
KRISTIN
120
Langeled
TUNE
GULLFAKS SØR
100
VEST EKOFISK
Europipe II
HEIMDAL
80
60
40
20
SNØHVIT
Franpipe
KVITEBJØRN
EKOFISK
Europipe
FRIGG
ÅSGARD
Zeepipe
Frigg
transport
(Vesterled)
SLEIPNER ØST
ORMEN LANGE
Norpipe
TROLL
Exit-kapasitet
0
1975
1980
1990
2000
2010
Norway has had a rapid growth both in gas
production and build-up of gas infrastructure
Kilde: OD; Gassco
Production from existing fields and
discoveries is expected to decline after 2020
Størrelsen på et typisk gassfunn på norsk sokkkel har falt
Sirkelstørrelsen er
proporsjonal med samlede
gassfunn i 5-årsperioden
Gjennomsnittlig gassfunn per brønn
GSm3
Regresjon som angir
langsiktig trend ekskludert
Troll og Ormen Lange
10
9
8
Incl Troll
7
6
5
4
3
Incl Ormen Lange
Excl Troll
2
1
Excl Ormen Lange
0
1966-1970 1971-1975 1976-1980 1981-1985 1986-1990 1991-1995 1996-2000 2001-2005 2006-2010
Antall
brønner i 5årsperioden
51
92
137
243
197
204
166
118
Tidsperiode
228
The average size of gas discoveries has
decreased, thus the need for coordination
and joint development is increasing
Kilde: OD
New production from undiscovered
resources could be located far from
existing gas infrastructure
5
6. Several field- and infrastructure development projects
are ongoing on the NCS
Barents Sea:
• 16 fields under development.
• 84 fields undergoing evaluation.
• New gas and oil infrastructure projects
in the Sleipner- and Tampen area.
Norwegian Sea:
• Several upgrading and robustness
projects, e.g. Kårstø expansion project,
Gassco Emden project.
• Polarled investment decision 1Q 2013.
• Barents Sea Gas Infrastructure (BSGI)
forum established.
North Sea:
Source: NPD, Gassco
6
7. On the Utsira High in the North Sea significant oil and gas
discoveries have been made - after 40 years of exploration
The Gudrun field will start the production in
2014. Light oil from Gudrun will be
processed at Kårstø.
DRAUPNE
WEST CABLE
APOLLO
The Edvard Grieg and Ivar Aasen fields are
planning export of gas via the SAGE system
to UK with start-up in 2015 and 2016
respectively.
LUNO
Johan Sverdrup, one of the largest discovery
ever made on the Norwegian Continental
Shelf, is planned to start-up in 2018. The
gas and oil export solutions are currently
being studied.
www.gassco.no
7
8. Extending the gas value chain northwards
One of Europe’s largest industrial projects
the next years.
First crossing of Artic circle with a subsea
pipeline.
Deepest field development and pipeline
on NCS.
Investment decision 1Q 2013,
start-up 2016.
www.gassco.no
8
9. Development of the resources in the Barents Sea require
infrastructure solutions
Several promising discoveries are made in the
Barents Sea the recent years.
The industry interest and expectations in the
Barents Sea is high.
The exploration activity in the Barents Sea is
extraordinary high.
Long distance to existing infrastructure require
development evaluation in an area perspective.
Undiscovered resources per area
Source: NPD
www.gassco.no
9
9
10. Gassco has together with the industry started a significant
work program for the Northern areas
Barents Sea Gas Infrastructure Forum
Oil & gas
companies
Project support
Observers
11. Technology neutral evaluation of transport solutions
Potential gas production from the Northern areas for different resource outcomes
Maximum daily production, MSm3/day
150
Focus on
understanding of the
transportation needs
in and from the
Barents Sea
100
50
0
2010
2015
2020
2025
2030
2035
2040
Evaluation of
applicable transport
solutions for
different resource
and market
scenarios
11
13. 2
Existing discoveries may justify a new gas transport solution
-
Illustrative transport costs from the Barents Sea, tariffs in NOK/Sm3
Low: 50 GSm³
Medium: 100 GSm³
High: 150 GSm³
100 GSm³
Norvarg/
Ververis
Snøhvit
Melkøya
Polarled
Åsgard
Nyhamna
13
14. 3
Impact of and on existing system – gas resources from the
north will impact the investment decisions
Description
Heimdal/
Vesterled/ St.
Fergus
Kårstø
• The utilization of the Heimdal-Vesterled-St.Fergus
chain is dependent on new resources after 2020
• Investments required in the Heimdal-Vesteled-St.
Fergus chain. Decisions dependent on the
utilization of the infrastructure
• The supplies from existing areas indicate a
gradual decline of the utilization of Kårstø from
2021 and onwards
• Investments to maintain capacity or shut in
capacity will be dependent on additional
resources
14
15. 4
Polarled precedence: 8-10 years to startup
2007
2008
2009
2010
2011
2012
2013
2016
2017
HaltenNordland
Area Study
NSGI Pre
Feasibility (DG1)
NSGI Feasibility
(DG2)
NSGI Concept
decision (DG3)
NSGI FEED
(DG4)
Production
startup
• Victoria
• Aasta Hansteen
• Linnorm
• Victoria
• Aasta Hansteen
• Linnorm
• Aasta Hansteen
• Linnorm
• Constrained
Area B volumes
• Upside
volumes: Gro,
Dalsnuten
• Aasta Hansteen
• Linnorm
• Zidane
• Constrained
Area B volumes
• Upside
volumes:
Asterix, Gro
• Aasta Hansteen
• Linnorm
• Zidane
• Fogelberg (not
part of DG4
decision)
• Constrained
Area B volumes
• Polarled startup
Oct. 2016
• Kristin volumes
from Oct. 2016
• Aasta Hansteen
startup Q3
2017
15
16. Indicative Barents Sea infrastructure schedule
2013
2014
2015
2016
2017
2021
Further mature the resource basis in
the Barents Sea and evaluate the need
for increased export capacity
BSGI Forum
Establish
sponsor group
Potential
timeline
of
events
NPD Barents
Southeast est.
Awards 22.
license round
Confirm
feasibility
Concept
selection
Barents Sea
Southeast opening
FEED
Awards 23.
license round
~25 wells drilled –
new discoveries
New Barents
gas transport
Ny
infrastruktur
Ny
infrastruktur
fra
uåpnede
områder
Atlantis
Apollo
Barentshavet
Nord
Barentshavet Nytt
område
614 ?
Wisting
Barentshavet Sør
Ververis
Norskehavet NordØ
s
Norskehavet Sub-basalt
t
Norvarg
Ververis
Appraisal
Aurelia
Norvarg
Appraisal
Norvarg
Appraisal
Kramsnø
Norskehavet Frontier
Neiden
Nunatak
606
Åsgard-området
Skavl
Saturn
Skrugard
& Havis
Iskrystall
Skårunge
n
Byrkje /
Gloppen
Barentshavsrør:
24 MSm 3/dag i 2022,
utvidelse til 38 MSm 3/dag
rundt 2025
NSGI-rør:
70 MSm 3/dag i 2016
Formica
Nyhamna
Selina
Nucula
Komag
/Lavvo
Ensis
Darwin
Gotha
Snabb /Kart
Skalle
Snøhvit
Goliat
Askepott
Gamma
Bønna
Alke Nord
& Sør
Barents Sea
Exploration program
2013/2014
16
17. How we work
Barents Sea Gas
Infrastructure Forum
(steering committee)
BSGI secretariat
(Gassco)
Resources and
production
Technology
Market
Gas transport
solutions
NCS synergies
Northern Area
considerations
17
19. A potential Barents Sea pipeline vs. other NCS pipelines
Pipeline
Vesterled
Norpipe
Length in kilometers
Route
350
Startup year
• Heimdal – St. Fergus
• Ekofisk – Emden
440
1978
1977
Europipe II
650
• Kårstø – Dornum
1999
Europipe I
660
• Draupner – Dornum
1995
• Åsgard – Kårstø
2000
Åsgard Transport
707
Zeepipe I
814
• Sleipner – Zeebrugge
1993
Franpipe
840
• Draupner – Dunkerque
1998
• Statfjord – Kårstø – Ekofisk
1985
• Melkøya – Åsgard Transport
?
Statpipe
Barents sea pipeline
Langeled
880
1000
1200
• Nyhamna – Easington
2007
19
20. Development of new oil and gas resources are dependant on
cost effective solutions
Gasscos role is to contribute to maximize the value creation from
the petroleum resources on the Norwegian Continental Shelf
20