Title: GullfaksVillage2010
1GullfaksVillage2010
- Gullfaks Sør Omega Project
- Some cost data and economic assumptions
2Gullfaks Omega - suggested cost data
- Subsea development
- One four slot template with all pipelines 1 500
MNOK - Two four slot template with all pipelines 2 500
MNOK ( 1 000 MNOK/template) - Fixed platform
- Wellhead platform with 15 slots 4 000 MNOK
- Jacket with 20 slot drilling unit 7 000 MNOK
- Drilling
- Semi-submercible 400 MNOK/well
- Jack-up 300 MNOK/well
- Own drilling rig 150 MNOK/well
- For all three altenatives Drill four wells pr
year
3Gullfaks Omega suggested cost data
- Omega operations cost
- Operations sub-sea 100 NOK/bbl oe
- Operations jack-up 80 NOK/bbl oe
- Operations jacket 50 NOK/bbl oe
- Gullfaks operations cost
- Operations 10 NOK/bbl oe
- Transportation 1 NOK/bbl oe
- Plugging and abandonment
- Sub-sea 200 MNOK
- Jack-up 300 MNOK
- Jacket 400 MNOK
4Suggested economic assumptions and sensitivities
- Economics assumptions
- Oil price 400 NOK/bbl increasing 3 p.a.
- Gas price 200 NOK/bbl oe increasing 3 p.a
- Inflation 1
- Discount factor 5
- Run before tax economics
- Value and Net Present Value
- Internal Rate of Return (IRR, )
- Sensitivities
- Oil and gas prices increasing 5 p. a./decreasing
2 p. a. - Production /- 30
- Investments /- 40
5Block 34/10 Oil field development in Norwegian -
a history about courage.
6GullfaksVillage2010 Bergen 3/3 2010Program
- 1100 Welcome to Statoil in
Bergen Petter Eltvik - 1130 Tapas lunch
Outside Auditorium - 1200 Experts in Team in Statoil Gullfaks
Ole Jørgen
Birkenes - 1215 Some cost data and economic
assumptions Petter Eltvik - 1230 Review of part A reports and part B
assignments in individual groups - Group 1 LU007 Petter
Eltvik/ Karl Sigurd Årland - Group 2 LU004 Johan Eck-Olsen/Petter
Eltvik - Groups 34 L1004 Knut Muller/Ole Jørgen
Birkenes - Group 5 L1003 Eli
Gule/Petter Eltvik - Group 6
L1001 Esther Matland/Leif-Kristian Tveiterå - 1330 1500 Review of Gullfaks Sør
Statfjord in Cave Gunnar Halvorsen - Groups 34 kl 1330, Groups 56 kl 1400
and Groups 12 kl 1430 - 1500 Review of the day/Summary
Auditoriet - 1600 Departure for Dolly Dimples,
Kokstad
7GullfaksVillage 2010 Overview over Statoil
contacts
- Group 1 Environmental Challenges by adding
Chemicals to the WI
Contact in Statoil Petter Eltvik
petel_at_statoil.com. (also Karl Sigurd Årland) - Group 2 Drilling through depleted Brent Gr.
Contact in Statoil Johan Eck-Olsen
jeo_at_statoil.com - Group 3 Improved oil recovery with Smart wells.
Contact in Statoil Knut Muller
knmu_at_statoil.com - Group 4 Improved oil recovery with Smart wells
Contact in Statoil
Ole Jørgen Birkenes olbi_at_statoil.com
- Group 5 Improved oil recovery with WI
Contact in Statoil Eli Gule egul_at_statoil.com
- Group 6 Geological and Geophysical uncertainties
Contact in Statoil Esther Matland
estm_at_statoil.com (also Kristian Tveiterå)
8Thank you
Gullfaks Sør Omega Project suggested cost and
economic assumptions
Petter Eltvik Project Manager GO
Project petel_at_statoil.com, tel 47 91 82 09
39 www.statoil.com