IOR award recognises systematic, long-term efforts

ior-vinnere-2022

Proud winners of IOR 2022: In picture from left to right: Jan Seglem, Manager West, Partner Operated Assets, Vår energi, Minister of Petroleum and Energy Terje Aasland (Labour Party) Camilla Salthe, Senior vice president, Field life extension, Equinor and Director General (interim) Torgeir Stordal.

30/08/2022 The licensees on the Statfjord field in the North Sea receives the Norwegian Petroleum Directorate's award for improved recovery (the IOR award) for utilising a number of IOR measures that contribute to the world-class recovery rate.

Equinor (operator) and Vår Energi have consistently demonstrated their ability to utilise technology to increase recovery from the field. This has led to an almost 40-year extension of the projected production lifetime for the Statfjord field, compared with the original plan for the field.

Extensive use

This year's winner – the 17th since the first award in 1998 – has played an important role in the 50 years of history on the Norwegian shelf. Director General Torgeir Stordal states that, "it's a pleasure to present the IOR award to Equinor and Vår Energi for their extensive use of recovery methods and cutting-edge technology over many years."

Statfjord came on stream in November 1979, and – based on current plans – could keep producing until 2040. At that point, the field will have been producing for 60 years. When the plan for development and operation was submitted to the authorities in 1976, production was projected to last until 2003.

Various methods

A wide range of methods have been - and continue to be – used on Statfjord. These include various water and gas injection methods, horizontal and multi-branch wells, gas cap blow-down, improved seismic imaging of the subsurface, technology for improved sand control in the wells, as well as well-plugging technology.

These efforts have paid off. Reserves on Statfjord have increased by ten per cent since the year 2000. This volume is the equivalent of more than two Goliat fields or one Edvard Grieg field.

The recovery rate for oil from the Statfjord field is actually 68 per cent; the highest on the Norwegian shelf. The average recovery rate is 46 per cent for oil fields. As of June 2022, Statfjord has produced 577 million standard cubic metres of oil (3.6 billion barrels) since it came on stream.

New goals

Equinor and Vår Energi have set new, ambitious recovery goals. Their plans include more than 100 new wells.

The Norwegian Petroleum Directorate also wants to commend previous licensees, and particularly Spirit Energy, which have also been a driving force for the encouraging plans presented leading up to 2040.

Long-term efforts

"Today, I'm very proud to accept the Norwegian Petroleum Directorate's IOR award for the efforts to improve recovery in the Statfjord licence, alongside our partner Vår Energi," says Camilla Salthe, Equinor's Senior Vice President of Field Life Extension.

She points out that this was made possible as a result of targeted and long-term efforts over a number of years – and she thanks everyone who has contributed to ensure sound resource utilisation on Statfjord over many years.

"Safe and efficient operations through new ways of working, that’s our cornerstone. Together, we've been able to make room for new investments, thereby extending the lifetime on Statfjord," Salthe says.

Partner Vår Energi also thinks the IOR award is prestigious, and Jan Seglem, Vår Energi’s Manager West, Partner Operated Assets, says that he is very proud of what we have achieved in the Statfjord licence along with Equinor:

"Our IOR commitment is in line with our long-term growth strategy, and it supports our goals to ensure optimal resource utilisation and efficient operations on the Norwegian shelf. Vår Energi is an active partner in all licences and we will continue our efforts to improve oil and gas recovery – efforts we believe are essential in order to ensure long-term and sustainable value creation from the shelf."

 

Read about previous winners of The Norwegian Petroleum Directorate's award for improved oil recovery – The IOR award:

Contact

Ola Anders Skauby

Director Communication, public affairs and emergency response

Tel: +47 905 98 519

Updated: 30/08/2022

Latest news

Dry well north of the Heidrun field in the Norwegian Sea – 6507/8-11 S
29/11/2022 Equinor Energy AS, operator of production licence 124, has concluded the drilling of exploration well 6507/8-11 S.
Correction of production figures October 2022
25/11/2022 NPD has made an adjustment to the preliminary gas-production figures for October.
Welcome to IEA Technical Collaboration workshops
10/11/2022 22. – 23. November: Research and experience on Enhanced Oil Recovery. 24. November: "Oil and gas in the context of energy security and transition".
Drilling permit for well 25/10-17 S
10/11/2022 The Norwegian Petroleum Directorate (NPD) has granted Aker BP ASA drilling permit for well 25/10-17 S, cf. Section 13 of the Resource Management Regulations.
Drilling permit for well 16/1-35 S
08/11/2022 The Norwegian Petroleum Directorate (NPD) has granted Aker BP ASA drilling permit for well 16/1-35 S, cf. Section 13 of the Resource Management Regulations.
All status reports are now on the FactPages and the FactMaps
04/11/2022 All available status reports (relinquishment reports) are now available on the FactPages.
Gas/condensate discovery near the Oseberg field in the North Sea
04/11/2022 OMV (Norge) AS, operator of production licence 1100, is in the process of concluding the drilling of exploration wells 30/5-4 S and 30/5-4 A.
Announcement: Acreage for CO2 storage on the Norwegian Continental Shelf
02/11/2022 On 2 November 2022, the Ministry of Petroleum and Energy announced an area for CO2 storage pursuant to the CO2 Storage Regulations.
Sharing data from older wells
31/10/2022 Production and injection data from older wellbores is now available in Diskos.
Impact assessment for mineral activity on the Norwegian continental shelf
27/10/2022 The impact assessment in connection with the opening process for seabed mineral activities is now being put forward for consultation, with a deadline for responses of 27 January 2023.