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Norwegian shelf - 1st quarter 2009

28/05/2009 Press Release 31/2009The Norwegian Petroleum Directorate's report for the first quarter of 2009 provides an overview of oil and gas production, new discoveries, new development plans and drilling activity.

Production on the Norwegian continental shelf in the first quarter of 2009 was stable, even slightly exceeding forecasts. There was more drilling activity in the first quarter of this year than in the corresponding period in 2008.

The authorities have received two new plans for development and operation (PDOs). Six new discoveries were made on the shelf in the first quarter.


Petroleum production


Production of oil rose from 2.135 million barrels per day in the first quarter of 2008 to 2.142 million barrels per day in the first quarter of this year. If condensate and natural gas liquids (NGL) are included, there was a marginal increase in daily liquid production to 2.51 million barrels.


 

Daily production of oil per month compared with last year and forecast


Daily production of oil per month compared with last year and forecast
(download graph in pdf format)



Daily production of liquid per month compared with last year

Daily production of liquid per month compared with last year
(download graph in pdf format)


Gas production continues to rise. In the first quarter of 2009, 29.8 billion standard cubic metres of gas were produced on the Norwegian shelf, while 28 billion standard cubic metres were produced in the same period last year.

 

Gas production per month compared with last year

Gas production per month compared with last year
(download graph in pdf format)



Total petroleum production from the Norwegian shelf has increased from 64.24 million standard cubic metres of oil equivalents in the first quarter of 2008 to 65.73 million standard cubic metres of oil equivalents in the same period of 2009.


Discoveries

Five discoveries were made on the shelf in the first quarter, all of which are considered to be relatively small.

Four of the discoveries were made in the North Sea: 30/11-7 (completion date for well: 3 February), 30/8-4 S (4 February), 30/9-22 (10 March), 34/7-34 (11 March).

The last discoveries were made in the Norwegian Sea: 6705/10-1 (18 March).


Development plans

On 18 February the authorities received the plan for development and operation (PDO) of the Goliat oil field in the Barents Sea, where Eni Norge AS is the operator for the development. The other licensee in the production licence is StatoilHydro Petroleum AS. Goliat, which is situated 50 km southeast of the Snøhvit field and 85 km northwest of Hammerfest, is the first oil field planned for development in the Barents Sea.

Goliat is a relatively small field. With its recoverable oil and gas reserves of 28 and 8 million cubic metres respectively, Goliat is comparable in size to the Njord field. Total investments for the field amount to about NOK 28 billion. The licensees plan to develop the field using a floating production facility with full processing, storage and loading of oil on the field. The plan also entails that Goliat will receive part of the power it needs from land.

On 9 March the operator, Dong E&P Norge AS, submitted a plan for development and operation (PDO) of the Oselvar oil and gas field in the North Sea, about 250 km southwest of Stavanger. The other licensees are Norwegian Energy Company ASA (15 per cent), Wintershall Norge ASA (15 per cent) and Bayerngas Produksjon Norge AS (30 per cent).

The development concept consists of a trawlable seabed facility with three production wells. Production will be routed in pipelines to the Ula platform for processing.

The licensees plan to commence production from the field in the 4th quarter of 2011. Total investments are estimated at NOK 4.645 billion. Recoverable reserves are estimated at 4.3 billion cubic metres of gas and 3.9 million cubic metres of oil.


Drilling activity

Fifteen exploration wells were completed on the Norwegian continental shelf in the first quarter of 2009, five more than in the same period in 2008. In the first quarter of this year, 22 mobile drilling facilities were in operation on the shelf, compared with 18 during the same period last year.

A total of 39 development wells and six lateral wells were spudded during the three first months of 2009, while 22 development wells and five lateral wells were spudded during the same period in 2008.

 

Completed exploration wells drilled in 2008 and 1st quarter 2009 by area and type of well

Completed exploration wells drilled in 2008 and 1st quarter 2009 by area and type of well
(download graph in pdf format)

 

Press contact in the NPD
Eldbjørg Vaage Melberg, tel +47 51 87 61 00

 

Updated: 13/01/2010