Offshore logo
Reaching out to the Arctic
Posted 28.08.2012 11:23:29 av John Bradbury
Vis RSS feed
Send nyhet til en venn
Statoil is splashing out on a major new Arctic exploration campaign which will see twelve new frontier wells drilled in the next few  years.

Exploration chief Tim Dodson has outlined how the Norwegian oil major will target stepout prospects from its Havis and Skrugard discoveries in the Barents Sea but new drilling targets have been identified offshore Alaska, Greenland and in the Russian sector of the Barents Sea.

Dodson one of the reasons for exploring these Arctic frontiers is the believe that the Arctic could contain between 20% and 25% of the world's yet to find conventional oil and gas resources.

The size of the prize in these regions is huge: In the Alaska, Beaufort Sea region, estimated reserves are put at 73 billion barrels of oil equivalent. In West Siberia estimated reserves are 133 Bn boe, in Greenland in Eastern Canada, another 52 bn  boe, and in the Eastern Barents Sea, 60 bn boe.

With the West Hercules semi-submersible rig now being prepared for severe Arctic winter drilling conditions and contracted to Statoil for five years, Statoil has the rig to drill these frontier wells.

Statoil is targeting what is calls the “workable Arctic,” - known Barents Sea regions. It will also seek to drill in the “stretch Arctic” - regions where incremental offshore technology innovation is required, such as the Chukchi Sea offshore Alaska, and “extreme” Arctic Basins where radical technology innovation is required, such as Eastern Greenland where a new licensing round is expected at the end of this year.

In the Barents Sea's Hammerfest Basin, Statoil is planning wells on four prospects near the Havis and Skrugard discoveries: Kramsno, Nunatak, Skavi and Iskrystall. In the Hoop Basin, further north in the Barents Sea, Statoil is planning another two wells on the Apollo and Atlantic prospect.

“These are not as big as Havis  but there are significant volumes we expect to find here,” Dodson, Statoil's executive vice president for exploration  has told an industry briefing at this year's ONS 2012 conference and exhibition in Stavanger.

Offshore Russia, Statoil reports good progress in negotiations on four offshore exploration licences as part of a joint venture with Rosneft, where it is looking at drilling on Perseevensky and Sea of Okhotsk licences.

Offshore Newfoundland, a three well programme with the West Aquarius rig is due to start towards the end of this year, targeting the Cupids and Harpoon prospects in the Flemish Pass,  and a non-operated well the Margaree prospects in the Orphan Basin, plus another on the Federation prospect near the Terra Nova field.

Offshore West Greenland, Statoil is due to a make a drill or drop decision on its Pitu licence block in 2013, and its has two others, Anu and Napu also in the Baffin Bay area where it is currently obtaining 3D data.
 
Elsewhere in the North American Arctic, Statoil is looking to drilling the Amundsen prospect, in the Chukchi Sea, north of the Devil's Paw Discovery, and in the Beaufort Sea, Statoil is involved in further exploration as a partner in acquisition of new 3D seismic there, and further drilling is planned on Alaskan acreage
Advertisement
Latest news

Asset integrity expertise bought

British-based engineering expertise has been bought up by Norway's Aker Solutions to boost its integrity analysis for oil and gas assets.

[Les mer ] Company news

Sound signals big Italian gas

London-listed Sound Oil has logged a big new gas find in Italy.

[Les mer ] Exploration

Aker anchors new accommodation unit

A new offshore accommodation unit under construction in China is to be fitted with a mooring system supplied from Norway.

[Les mer ] Contracts

Big gas at Bianchi 1

Austria's OMV has reported a major new gas find while drilling offshore Australia following on from its earlier Zola discovery.

[Les mer ] Exploration

New drilling near Johan Castberg

Swedish explorer Lundin Petroleum has kicked off a new exploration well in the Norwegian sector of the Barents Sea.

[Les mer ] Exploration

Irish data acquisition underway

Seismic data acquisition has kicked off on a newly allocated Irish Frontier Exploration Licence.

[Les mer ] Exploration

Profilerte stillingerAlle stillinger »
Profilerte selskapFra OffshoreX.no
ODFJELL RENTAL SERVICES AS Logo

ODFJELL RENTAL SERVICES AS

Odfjell Rental Services (ORS) is a major supplier of drilling tubulars and related accessories to the rental market. The company has contracts with major operators and rig contractors.

Se profil | offshorex.no
WellCem AS Logo

WellCem AS

WellCem is a Company providing Well Therapy solutions to the oil and gas industry. The Company has developed and patented a multi component resin based polymer with qualities far superior to cement. Head office in Tananger Norway Established operation and opened up office and warehouse in Saudi Arabia in 2011. APPLICATIONS Total Loss Circulation, Casing & Tubing leak repair, Plug for P&A

Se profil | offshorex.no
Exploration Options AS Logo

Exploration Options AS

Exploration Options provides consultancy and staff recruitment services to the upstream oil and gas industry. We source and deliver Professionals of the highest calibre, in Management, Advisory & Technical areas. Our Focus areas are: Exploration & Subsurface Evaluation, Portfolio Management and Resource Assessment.

Se profil | offshorex.no
AKER SOLUTIONS AS Logo

AKER SOLUTIONS AS

Aker Solutions ASA is a leading global oil services company that provides engineering and construction services, technologies, product solutions and field-life solutions for the oil and gas industry.

Se profil | offshorex.no
SCANMATIC AS Logo

SCANMATIC AS

Scanmatic is a technology company utilising cutting edge multidisciplinary engineering competence within sensor technology and data acquisition to design and supply tailor made instrumentation, monitoring & control and communications applications specialised for Oil & Gas as well as marine environment.

Se profil | offshorex.no
BSAFE SYSTEMS AS Logo

BSAFE SYSTEMS AS

Norges eneste premium forhandler av Lighthouse skilt og etikettsystemer samt distributør av Master Lock safety series - sikkerhetsutstyr til bruk under service og vedlikehold av maskiner og utstyr.

Se profil | offshorex.no
Tips oss
Kontakt oss
Offshore.no AS
Annonsere
Ansvarlige
Sjefsredaktør: Erlend Keilen
OPPHAVSRETT
Alt innhold er opphavsrettslig beskyttet.
Copyright Offshore.no AS