Text size adjustment
Hold down the Ctrl key (PC) or Cmd key (MAC) and press "+" to enlarge or "-" to reduce the text size.
21/07/2009 Press Release 47/2009: The Norwegian Petroleum Directorate's (NPD's) report for the second quarter of 2009 provides an overview of oil and gas production, new discoveries, new development plans and drilling activity. A total of 21 new production licences were awarded in the 20th licensing round on the Norwegian shelf.
Production on the Norwegian continental shelf remained stable, marginally lower than forecasted for the second quarter of 2009. There was more drilling activity in the second quarter of this year than in the corresponding period last year.
The authorities have approved three plans for development and operation (PDOs). Twelve new discoveries were made on the shelf in the second quarter.
Link to press release for 1st quarter 2009
Production of oil declined from 2.04 million barrels per day in the second quarter of 2008 to 1.86 million barrels per day in the second quarter of this year. If condensate and natural gas liquids (NGL) are included, daily production of liquid fell from 2.39 to 2.20 million barrels.
Gas production showed a marginal increase, with 23.64 billion standard cubic metres of gas produced on the Norwegian shelf in the second quarter of 2009. The figure for the same period last year was 23.21 billion standard cubic metres.
Total petroleum production from the Norwegian shelf in the second quarter of 2009 was 55.49 million cubic metres of oil equivalents. Production in the second quarter of 2008 amounted to 57.85 million cubic metres of oil equivalents.
Eleven discoveries were made on the shelf in the second quarter. These consisted of small discoveries, discoveries of undetermined size and an interesting gas discovery in the Norwegian Sea (6603/12-1).
Eight of the discoveries were made in the North Sea (end date for the well in parentheses):
The three last discoveries were made in the Norwegian Sea:
A total of 21 exploration wells were terminated on the Norwegian continental shelf in the second quarter of 2009, nine more than in the same period last year. Twenty mobile drilling facilities were in action on the shelf in the second quarter of this year, compared with 19 during the same period last year.
In the second quarter of 2009, 29 development wells and three lateral wells were spudded, compared with 31 development wells and five lateral wells in the same period of 2008.
The plan for development and operation (PDO) of the Goliat field in the Barents Sea was approved by the Storting on 19 June.
The investments associated with Goliat are estimated at more than NOK 28 billion. The field's reserves are around 174 million barrels of oil. The licensees are Eni Norge AS (operator) and StatoilHydro Petroleum AS.
Goliat will meet the strict environmental requirements established in the comprehensive management plan for the Barents Sea. Goliat will report its power consumption needs for full electrification from 2017. The PDO approval is contingent on the licensees submitting a plan for increased use of power from land to Goliat as soon as the power supply situation in the area has been reinforced, but no later than 1 January 2019.
On 19 June, the Government approved the plan for development and operation of Oselvar. The field is located in the North Sea, 250 km from the Norwegian coast.
Dong E&P Norge AS is the operator of the development. The other licensees are Bayerngas Produksjon Norge AS and Norwegian Energy Company AS. The operator has estimated the investments at NOK 4.6 billion.
The field will be developed with a trawlable seabed facility, and the production from Oselvar will be tied in to Ula for processing. Oselvar is located 23 km west of Ula.
According to the plan, production from Oselvar will commence in November 2011. The operator estimates the recoverable reserves at 4.34 billion cubic metres of gas and 3.91 million cubic metres of oil.
On 19 June, the Government approved the plan for development and operation of Troll projects in the North Sea.
The projects deal with long-term development of the oil and gas resources on the Troll field. The plan does not entail a new development, but two modifications that will extend the lifetime of the Troll field:
Installation of a third rich gas pipeline from Troll A to the process facility at Kollsnes Gas injection from Troll B.
On behalf of the licensees in production licences 054 and 085, the operator StatoilHydro has estimated the investments at NOK 5.7 billion.
Awards in the 20th licensing round
On 30 April, the Ministry of Petroleum and Energy awarded 21 new production licences in the 20th licensing round on the Norwegian continental shelf.
The awards include nine new production licences in the Barents Sea and 12 new production licences in the Norwegian Sea.
Read more here.