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Posts Tagged ‘London’

Londontown

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To London

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Heathrow
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LabSea

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Canadian Assets Data Workflow



Human (white) and algorithmic (shaded) flow



As part of our discussion, I had asked whether we could draw an image of work flows that consisted of human judgement and calculative dimension. Specifically:

I sought to visualize relationships by reference to practical understandings and also through IT systems. Information-sifting, for example, is selective and depends on high levels of embodied understandings such as years of experience. By contrast, IT infrastructure such as DB Planning Systems employ a logic of conversion whereby the Arctic is converted into knowledge with the intention of creating value.

While in the first instance, assembly (in white) takes place by rendering embodied knowledge explicit, in the second, technical systems (in color) redistribute calculative capacities from humans to machines.


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trainingDay2Customer satisfaction in speed and logic of performance…



Faroe_Map

Faroe Island oil/gas developments



Greenland_Map

Greenland oil/gas developments





In response to the question: “How long should it take for a screen to upload after pressing the submit button?”

Answer: “Two to three minutes for the biggest queries or else the thought process identifies a problem with the software or computer [and for normal reports] it should be pretty instantaneously


Iceland_Map

Iceland oil/gas developments



Norway Map

Norway oil/gas developments





1/22: In the above quote, I underlined the last few words, “it should be pretty instantaneously,” to stress how quickly information of arctic energy developments can be accessed through the Evaluate Universe (see below posts for introductions to the Evaluate Energy universe).

The quote is from John Q., Senior Analyst responsible for managing financial research data for global oil and gas development. What strikes me in particular, is how incredibly speedy and easy it is to access this Norwegian continental shelf map produced by the Norwegian Petroleum Directorate. I can download the map in an instant. I have posted a screenshot of it directly below.

I first came across this map as a full length paper print out hanging on the wall in the office of a colleague at a Norwegian university. As I stood staring at the map, my colleague acknowledged the aesthetic wonder of the variety of information contained in one glance, and immediately afterward, mentioned that he could order an extra map for me. I responded with great admiration and desire, as if having the map itself would elevate my understanding of events in the country.

At Evaluate E. however, such maps are available at the click of a button.

The images above are all computer screenshots taken from the “Key E & P Assets” link [“E” stands for exploration and “P” for production] located on the “Country” page of the Evaluate website. If you look on the bottom left hand side of each screen shot, there is a “Blocks Map” and “View” link, which is the links the page to the resources directorate of each country under view.

Mappy

Catalogue as: Arctic Petroindustry Information at your fingertips


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insideEvaluate

Movement and Meaning: Inside the Emotional Room



1/21: In a previous post, I call attention to the images above by their depiction of Productive Calm. That is, analysts spend long days intensely concentrated on computer analysis of data gathering and managing financial reporting on oil/gas developments. The day begins at 9:30AM and ends at 5PM, but analysts are often in the office anytime between 8AM and 7PM. They take no longer than 45 minutes lunch break outside the office, and sometimes lunch at their desks. Apart from eye movements, blinking, and constant finger typing, there is not so much bodily movement throughout the day. Analysts will get up from theirs seats to walk across the room to a toilet located in the office, but tend to avoid the casual practice of standing up and stretching.

In this display of images, I discuss the threshold of problem-solving that leads to physical movement by engaging a fellow analyst in the room.

Verbal communication is not as frequent as I would have imagined given the analysts proximity to each other. Actual physical movement by one analyst moving to the station of another analyst is rare. The two occasions when I notice it taking place are (1) when an analyst will walk by each station inquiring if he or she can make a cup of tea; and (2) when a problem arises that cannot be solved over electronic communication between the analysts. To explain: all the analysts in this room are constantly chatting to each other over Skype (less so over email because of the lack of immediacy and frequently also, the subject heading is often ambiguous possibly suggesting a greater time requirement for response than the instantaneous and “emotional” reaction offered by Skype chat).

In fact, with one-half the analysts working abroad in Ahmedabad (“India team”)  and the other half located here on Fashion Street (“London team”), Skype also integrates both groups working on two sides of the world. Actually, with a Calgary (Alberta, Canada) office, the Evaluate Universe is never off-line for more than three hours per day. The Evaluate day begins at 4:30 AM Greenwich meantime (in Ahmedabad 9:30 AM India Standard Time) and ends 1:30AM Greenwich meantime (in Calgary 6:30PM Mountain Time).

image In the above image, John Q. is seen sitting on the left (under the orange arrow), while Hannah K. is seen sitting on the right (under the red arrow). This is the regular order of the E. Universe. It would be dramatic to move a chair over to another analysts station without justification. Nevertheless, in the image below, John is seen sitting next Hannah, in close proximity while talking.

Over lunch, John explained to me that a problem takes place that cannot be solved over Skype. So, physical movement of one analyst to another analyst’s station is linked to problem solving. But what kind of problem? Yesterday, when I noticed John having moved his chair over to Hannah’s, I moved my own chair to sit in on their discussion, looking over their shoulder to get a sense of what what all the hubbub was about.workingtogether

Hubbub

pointinglookingOn one level, there is a requirement of sitting next to Hannah, and using a hand movement to direct her attention to a particular place on the computer screen.


The location is quite specific, but in fact, it refers to one location from which the surrounding area can be discussed in reference to that location. The location is not the actual number he is point to directly, but in fact, the “column” of numbers, and its placement in relationship to other columns, suggesting a problem of hierarchy in taxonomy.
pointing


In particular, as in this image directly below, cropped from the above discussion, what is discussed is a relationship.
crop On the far left, a column of numbers lies under a heading titled “Crown lands” which refers to an abstract identification number for a land tract provided by the federal ministry of Natural Resources Canada . To the right is a column headed by “Township Range”, which identifies the actual geographical location of the tract. The column on the far right is “Stratigraphic Description” which refers to the name of the actual geological layer in that tract. Oil and gas deposits can be situated vertically crossing various geological layers, each with their own permissions on working interest. For example, the columns in the middle titled “Top zone” and “Bottom Zone” refer to a specific geological layer, and the columns to the left, titled “Include/Exclude” indicate whether a geological layer is part of a particular tract.

In this particular case, the taxonomy of township over crown land would increase the likelihood that the stratigraphic permissions would be spread across the sheet (on the computer screen) in a more legible manner. So in this particular case, the issue of physical movement is associated with creating aesthetic legibility through rearranging a taxonomic hierarchy in which geological location (township identity) more closely identified working interest rights than federally assigned identification.





writingnotesSo, in this case, after some discussion of both the situation and a plan to rearrange the appearance of data, Hannah takes notes on how to move forward.


notes


The completed list of tasks for rearranging this taxonomy is shown directly above. This complete list is then “reduced” to a smaller sentence and inputed into Hannah’s over all main list of activities to do on this project, as seen in this image below:mainlist

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Evaluate – London

On energy financial research (and its analysts)



evaluate 1
1/20: The image above is a newly created product by Evaluate E., an energy information firm on fashion street in the White Chapel section of downtown London, not too far from Liverpool underground station. The office space for the firm is located inside a refurbished factory space, where it continues in its tradition of serving as a kind of sweatshop of the twenty-first century, with knowledge workers focused on computer screens in their role as caretakers of a massive data base on oil and gas corporate performance.

The image below is the actual location of most daily activity, a space of productive calm where the people in the photo are now familiar to me by name and to some extent by certain observable attitudes toward labor and knowledge.Evaluate

I have been coming down to Evaluate E. daily, occupying that empty chair located in the above image on the left. It is not that simple what this firm does. I can tell you in a sentence that they apply accounting practices to energy corporate data, so that clients can measure the individual (or peer group) performance across the industry. When you actually look at the data (accessible through client login), however, it is really hard to understand how they compile it, how they assemble it, and how clients find value in it.
evaluate 2 First off, the analysts compile a lot of data, on topics ranging from Mergers and Acquisitions to the actual names of individual production licenses or wells in various basins globally. Take a look at the image above, for example, which is the same as the first image of this post, but taking place at a more “granular level”.

Granularity is a topic of great concern here in this office, and a lot of time is spent managing and producing ways so that clients can gain access to its particular forms. For example, again referring to the top image, you can see a lot of black splotches, almost appearing like a Roarschach test image. At a more granular level, the image directly above, we see the splotches in the form of little round targets.

Looking at the “legend” below, you can see that targets have particular shape to indicate what type of oil/gas well they might be. Gasevaluate 3 And in the above image, if you click on a target, a data box opens providing information on the UWI (unique well indicator) and other types of data, that you can click on that will bring you back to various parts of the data base for examining performance of the well, its operators, owners, periods of operation and the like.

As a final example in this series, directly below is the window that indicates the specific kinds of information on each well, and that you may click on to find out more details. You will notice, for example, a little graph design on the very left of each item. Pressing on that little sign delivers a new window in the form of a graph, seen directly below, which in this case indicates performance of a particular well.
wellsevaluate 5

Preciousity

Access to such an office requires a magic wand. While small by comparison to other items in the big city, it appears here below like a blunt instrument in the context of the delicacy with which my new colleagues focus their lives.
wand2
wand1

While out in the street, life goes on pretty much as usual.
building

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London: Barents O&G

[I plan to come back and re-work this blog- give me a few days, ed.]

opening


Oil and Gas Exploration in the Barents Sea, October 6-7, St. Ermin’s Hotel, Caxton Street, London, SW1H 0QW


entrance


October 7: Day Two
Chair’s Opening Remarks

Hans-Christen Rønnevik, Vice President Exploration, Lundin Norway AS
Lundin’s Story: How Do We Unfold Reality In A Mature Area? Lundin’s exploration activities based on 42 years of experience in the Barents sea; The Gohta oil discovery; The petroleum habitat of the Loppa High
water
Begins quite philosophically, about the role of knowledge. “Visions are achieved by action, not by thinking”. Fact and experience based operational knowledging (conceptual procedures). [I will have to return to post up some of Hans’s slides, which are made up of declarations which he states in a clear punctuated manner – mainly, modeling is not a method of thinking, but certainly a necessary skill] — continuously unfold reality as you interact with it – to explain broadband 3D for deterministic mapping as input to models. Gohta discovery in the Loppa high, 2013: recoverable resources 10-23 Sm3 oil/ 8-15 billion sm3 gas; 2014: Gohta 2 Environmental mapping in Barents Norway since 2007, working with NGU and FFI.

Key Note: Denis Francois, Geoscience Director, TOTAL E&P Norge AS and Dominique Roy, Western Europe New Ventures Manager¸ TOTAL E&P Norge AS: Weighing up economic implications of operating in the Barents Sea; Facing technological challenges – experiences from Novarg and Snøhvit; Managing operations in an unfavourable climate condition. Total/Fina/Elf – Yet to Find. West Barents 4.8 boe and East Barents NO 2 boe. Novarg – new venture stage: 2008 to license award 2009. Looking to set up an LNG ii train to Snøhvit.

Artem Rabey, Exploration Manager, LUKOIL Overseas North Shelf: Tectonic development, depositional environment and sedimentation; Analogies with Timan-Pechora basin; Hydrocarbon potential — two licenses in Norway.

Knut Gunnar Amaliksen, Senior Geophysical Advisor, Wintershall Norge: Predicting the good reservoir; The Importance of field work; Be brave and the rewards will come. Pre-Jurassic reservoirs. PL611 – Kvalross Analogue (Edgeøya, Svalbard).

Hot Topics discussion: Hans-Christian presents the problems — How do we form strategic alliances in rig sharing; should there be tax breaks in Barents Sea; Cost issue where 500 million barrels is appropriate development; Will Statoil’s step program build efficiency; Can the French take more Snøhvit gas to France; what about oil spill issues and environmental concerns; and local community impact on development in the region; Have we solved the problem of oil and gas, and can it be done without more exploration and what is the role of tax relief.

Cost issue: Terje Flaten, Statoil, takes the stage to present the issue — what kind of single oil pool accumulations can you have for commercial development given oil price scenarios and current cost regimes – I didn’t quite say 500 million barrels, could be distance to market, technics etc. e.g., Golath is 175 million barrels – Johan C. field, two accumulations, had they been in one single accumulation we would have been happier. Further into the Barents need to find +300 million barrels oil. Industry self inflicted upon itself a cost regime that 3 times larger than previously, and now the cost profile is [through the roof] – attempting to standardize at the High North – lower scale of cost, pushing back on prices for development because of differences in Barents versus North Sea (e.g., depth);

Gas strategy for transportation: ? from the back of the room — delivering gas to Western Europe is a political issue, that could create security in the region.

Environment: Stig-Morten Knutsentalking about lenses and in-situ burning for oil spills. Several issues that need to be working as an industry as an issue. Other speakers focus effort on well-blow out prevention instead of on spill. When you talk about oil spill, its about optics. Also safeguarding — evacuation, getting people in and out — waiting for initiative to expand base on Bear Island or does the industry invest into creating better preparedness.

Rig alliances – [what can be created among oil companies and a rig fleet on continuous activities and a coordinated rationalized plan] – The longest lead item to carry this out is the Rig – “have an adult conversation about our needs and then approach the rig owners”. Looking for a group rig share for the 23rd license. Tax relief — 78% investment return.

Ove Tobias Gudmestad, Professor of Marine Technology, University of Stavanger; Emergency Operations, Evacuation And Rescue In The Barents Sea; The physical environmental conditions in the Barents Sea; Emergency and evacuation operations in the cold arctic seas; The geography of the Barents Sea and rescue operations – Arctic versus cold climate region (Barents region). Referring to Barents 2020 map created by DNV with step wise development into Barents area.

Stein Sandven, Vice Director, Nansen Environmental and Remote Sensing Centre
Breaking the Ice: Managing Operations in Icy Environments; Understanding different structures of ice and how to incorporate this knowledge into operations; Predicting and detecting ice to optimise exploration operations; Identifying technology to ease operations in ice; Learning from past operations in remote, ice ridden regions: case study of other Arctic regions — How do we predict and how do we detect.





Buck
October 6: Day One
Chair’s Opening Remarks
Hans-Christen Rønnevik, Vice President Exploration, Lundin Norway AS

8:58AM – Just getting started here – a hush has taken over the group of about 50 industry players and now it looks like Anna Townsend, Program Manager, is going to get us started with a quick announcement, including a welcome to Dolphin Physical, a company sponsor, and a few Russian presentations were cancelled because of visa issues, and a few other persons who may or may not be coming, and now Hans-Christen.

“Welcome to a Norwegian conference, the same hotel where Philby delivered his secrets to Russian agents, and here we are years later and with the same situation with Russians not able to obtain visas”.

Tax relief giving a new life to the Norwegian Continental Shelf (NCS). More diversity and many more companies now involved in NCS development. Amended tax regime as on the UK shelf in the 1980s led to more players. Barents opening began in the 1960s with hypothesis looking for inverted Volgian highs.

Latest – Active concession policy and new players from 2002: Johan Castberg, Wisting and Gotha results of 3D seismic and the geologists belief in the possibilities. 33 companies are cooperating on 4 broadband 3D seismic surveys for 23rd round. The truth is not determined by majority voting. Renewed interred due to oil success and large structures available.


Opening Address: The Barents Sea, A New Era
Wenche Tjelta Johansen, Head of G&G, Norwegian Petroleum Directorate
Exploration history of the Barents Sea
Undiscovered resources yet to find
Requirements for the Norwegian Continental Shelf and Barents Sea
Updates on the 23rd licensing round

78 fields in production, 60 in North Sea, 17 NCS, 1 in Barents; 13 fields being developed. Prolonging production requires enhanced recovery, opening new areas. 480 wells drilled on NCS (12 drilled 2005, lowest ever, has increased because of high prices, last year second highest exploration wells ever).

Key inputs to assessment: number of possible prospects, size distribution, probability of success, hydrocarbon phase. Statistical methods: calculated stochastically (Monte Carlo simulation), results for individual plays are aggregated to give a total quantity, presented as a probability distribution.

Creaming curve Barents Sea, based on 90 wildcat wells, last three years considerable resource growth. Optimism is back in the Barents sea and explorations wells highest in the last two years.

Barents Sea South East: NPD data aquired spring and summer for most prospective areas.Barents Sea North 2012-2014. Licensing rounds held every second year. 23rd Licensing round – January – 160 blocs nominated, 140 in the Barents Sea. 61 proposed blocks on public hearing.

Goliath production this year. Only one producing in Barents, Snovit, gas bearing. Unit costs can be reduced through cross licenses.

Q & A: How do you include in your yet to find, recent good news and bad news.
Yet to find, is updated every 2 years.
What percentage of wells drilled in the Barents are based on hydrocarbon indicators?


Where Do Real Opportunities Lie? Investment Conditions In The Northern And Southern Barents Sea
Haakon Haaland, Executive Vice President Business Development & Exploration, E.ON E&P
Distinguishing the key players and possible future players in the Barents Sea
Understanding the status of developments in the Southern and Northern Barents Sea
Evaluating the most recent Barents Sea discoveries
Venturing into the former grey zone

Political/Commercial aspects of industry. Mix between state/private is key to what will happen in the Barents going forward. Before continuing a few facts about E.ON E&P. Current focus areas, UK, Norway, Russia, Algeria and Brazil. 14 production fields, 5 producing fields as operator, 60 exploration licenses, staff of 220 employees and 200 contractors.

Crossing the 62 median line (not so much the “Barents Area”) — was the industry ready. No secret that the Barents was Gas, not a big prospect, always looking for oil. A decisive energetic ministry combined with competent NPD – creating the right policy of exploration. Barents initiative during the 1990s, wanting something to happen, and taking decisive action to encourage exploration. In terms of a global scene, it is a well organized efficient development process (data organized and released timely, modestly costed). Goliat, Goliate-Kobbe, Johan Castberg – drilling boom.

Barent Players – Statoil still major player in Barents Sea exploration; Majors not active anymore: Exxon, Shell – Companies left the area: Mobil, Saga, Hydro; New important entrants: ENOI, Lundin, OMV Other newcomers: DF, DONG, Noreco, Repsol.

ENI, Statoil, Lundin, continues to have stamina. Barents: After more than 30 years still a frontier area. Not the North Sea, Key discoveries (Snohvit, Castberg, Havis, Goliat) conventional exploration models; Late Neogene uplift and erosion, huge area, limited data; South Barents south east total frontier zone.

Cost levels, lack of infrastructure, and too much bad news at the same time. Gas discoveries create dry spells in continued exploration. One clear risk/opportunity: Norway will reach production maturity in mid 2020s, need for new gas that will utilized this infrastructure, especially liquid gas. Connecting Barents with the Norwegian infrastructure system. Infrastructure key to value creation. In the past, private investors always had interest in constructing infrastructure, in the North sea, large anchor fields created an interest. Today, commercial entities not interested in investing 5-6% returns on pipelines to create the infrastructure required to move forward on Barents. One of the difficulties in Norway, is that politics is difficult to step out in front of projects, to be a front runner on investments, there is the debate on social distribution. Debate over whether the State and Ministry step up to create the infrastructure to unleash activity and value creation from Barents area. Another discussion on special incentives such as Snohvit, special production allowances.

Q&A How decisions can be made with several degrees of uncertainty: Priorities, driven by the ambition to replenish – but there are forces against (cash flow, investor sentiments — the most moving audience of all, because if you fail to deliver on the quarterly the CEO gets fired).

Unique cost drivers in Norway, nothing to be proud of, operating drilling more expensive than anywhere else, a need to get productivity up, no way it should take 50 percent more time to an engineering design for a semi than required. Mobilize as an industry.

To early to have the discussion about how to connect the Barents. Looking to have more exploration before any kind of determination can take place.


Keynote Session:
Will Commercial Success Follow Exploration Success In The Barents Sea?
Terje Flaten, 23R Project Manager, Statoil
Statoil’s approach to Barents Sea exploration from play validation to exploration focus
Barents Sea Southeast 3D seismic cooperation project
Development challenges and commercial hurdles

Will commercial success follow exploration success. Myths or Facts: Developing Barents Sea discoveries commercially requires — much bigger discoveries than anywhere elsewhere; massive development of new technologies; completely different methods for oi spill handling; new solutions for escape, evacuation and rescue, management of ice totally unique.

First oil production will be at Goliat. Exploration conventional seismic and mapping early discoveries. Periodic and underexplored

Steps to commercial success in the NCS/BS — (1) Big discoveries (high resolution seismic acquisition solution; triassic reservoir presence and quality): How big is big — 150-300 million barrels represents the threshold; key issues is how to build out hubs and field centers. (2)Political acceptance and license to operate: Trust, transparency (distance and temperature, people in extreme cold; robust oil spill contingency – barriers to recover spilled oil and barriers in the well to prevent oil spill) (3) new technology: Horizontal drilling in shallow reservoirs (time and cost, overburden stability, happening in Hoop, Bjarmeland, BSSE); handling of produced water (clean water discharge, everywhere); new sub-sea solutions (incremental development needed. Away from North Sea Standards where they are not needed) (4)industry cost level: Positive oil price development – however more expensive reserves erode returns. Cost per barrel increasing. Restoring the returns: Standard solutions adapted to sub-surface and surface conditions: drilling costs and efficiency, leaner facility concepts, replicated and standard packages, wider industry co-operation, reuse. Last decade – oil price tripled, development costs doubled.

Cooperation: BSSE 3D Group Shoot: Authority guidance;encouragement, attractive business model, equal and low costs (no volume disc out, fair price differentiation between EP and LP, room for different company strategies and prioritization); Involvement in decision making and survey design.


“Business Card Exchange”
“Take advantage of this networking opportunity to introduce yourself and exchange business cards with other conference delegates. Start with the people closest to you and then move around the room to learn more about other attendees and their companies and projects.”


The Role of Structural Geology In Success-Failure Analysis – Examples From the Barents Sea
David Jackson, Global Manager Multi-Client New Ventures, Dolphin Geophysical
Understanding the present day architecture of the petroleum system
How has the petroleum system developed through time
Understanding the role of key tectonic events in changing the petroleum system
The communication of geological understanding and rationale to non-geologists


Understanding the Barents Sea’s Unique Petroleum System: Source Rocks
Tommy Samuelsberg, Exploration Manager Barents Sea, North Energy
Understanding the unique petroleum system in the Barents Sea
Exploring which source rocks exist in the Barents Sea
Underlining the quality and nature of source rocks in the Barents Sea
Play models in the Barents Sea

Exploration history of South-Western Barents Sea; Play models in the Barents Sea (Permian, Triassic, Jurassic, Late Cretaceous/Paleocene); Petroleum systems. First discoveries 1981 (Alke South, askeladden); Albatross (1982) and Snøhvit (1984) – 8th rounds..


Networking lunch break


Ice, Erosion and Broken Plates: Unravelling the Tectonothermal Effects on the Barents Sea’s Petroleum System
Ebbe Hartz, Chief Geologist, Det Norske
Late Cenozoic uplift and erosion in Barents Sea’s petroleum models
The geodynamic challenges of deposition, uplift and erosion of the assumed overburden
The different petroleum models that result from reducing erosion estimates by considering the effect of glaciation and continental break-up. Hans introduces Ebbe as a ski champion – “I will speak without using the microphone, and will do so until they fix the computer [PPT – there was some issues with PPT earlier on during the day]…. using Heriksen and friends from Statoil’s Slides to make the presentation.

Ice probably caused significant compaction, thus erosion estimate stop high; Paleo heat suggest less erosion, and may partially have come from break up. Break up hear probably uplifted Svalbard, erosion enhanced this process; Thus, implementing ice loading highly effects petroleum models for the Barents Sea.


Unleashing the Untapped Potential: Reserve Estimates for the Barents Sea
David Poole, VP Exploration & Deputy CEO, Spike Exploration
How can we use resource estimates as a predictive tool in the Barents Sea?
What are the lessons learnt from more mature areas on the Norwegian Continental Shelf and how can these be applied in the Barents Sea?
Applying resource estimations to future strategies and ensuring return on investment, from a Spike perspective

“Back to strategy” – Focus on using historical data in mature basins as predictive tools in the Barents Sea; Analyses of historic exploration performance in UK and Norway used to highlight trends in exploration and yet to find for the different basins; Sources of information includes: exploration wells and NPD.

Early entrance action.

[ed. space of humor- geologist sparring with statistician]


Where Does The Technology Gap Begin In The Barents Sea?
Stig-Morten Knutsen, Head, Roald Amundsen Petroleum Research
Addressing the unknowns of the subsurface and the surface
Knowing how to detect and handle ice
Overcoming environmental and technological risk and uncertainty

What’s with the Barents Sea”
Circum-Arctic setting
Challenges
Data and subsurface

Technology: The application of scientific knowledge for practical purposes especially in industry. Five Norwegian Partners in Roald Amundsen: U Tromsø, U Stavanger, IRIS, Norut, Akvaplan-niva.

Proven plus probable discovered Arctic resources (2P) – Barents – A far north area without some of the extreme far north issues. Barents: as a step stone to the circum Arctic (offshore).

Subsea challenges – Temperature. Hydrates and flow assurance. Topside challenges (drilling rigs are more expensive due to winterization features).

Seismic affect on mammals in Greenland – Big discussion when you get to ice affected waters how marine mammals are affected by seismic acquisition AND who oil spill will be looked at; emergency evacuation.

Contemporary 3rd and 4th wave of Barents development having to do with knowledge and information. First wave, Snøvit; Second wave during the 1990s up to 2000 discovery of Goliath.

Referring to Nansen — sometimes the model is important, sometimes the data is important.


Roundtable Discussions
Moderated roundtable discussions to allow in depth discussion and debate around a variety of topics. Delegates will choose one roundtable and use this opportunity to ask questions and discuss the key exploration challenges of operating in the Barents Sea.
1. Exploring for gas and the lack of infrastructure in the Barents Sea. A catch 22?
Led By: David Poole, VP Exploration & Deputy CEO, Spike Exploration
2. What are the key technological obstacles the industry needs to overcome to make developments in the Barents Sea?
Led By: Stig-Morten Knutsen, Head, Roald Amundsen Petroleum Research
3. How does exploration in the Barents Sea differ to exploration in other regions?
Led By: Denis Francois, Director Geosciences, TOTAL

Closing Remarks from the Chair

Close of Conference Day One and Networking Drinks

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