Knowledge and Technologyin Exploration Rio Oil & Gas 2010 Jorge M. T. Camargo

Pushing the Limits of Technology

Statoil is a technology driven company

Committed to sharing of technology and mutual learning

Source: IPA benchmarking study; Statoil

Classification: Internal Status: Draft

Leverage technology in international markets

Shtokman – RussiaHarsh environment

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Shah Deniz II – AzerbaijanGas value chain

Peregrino – BrazilHeavy Oil

US Gulf of MexicoDeep water

Key Exploration Technologies

Exploration seismic imaging and interpretationThe best sub-surface image before drillingFast computers, advanced algorithms and specialised acquisitionIntegrating geological knowledge with seismic interpretation and processing

Petroleum system analysisGlobally developed source rocks

Electromagnetic explorationStatoil has a large data base on the NCSUtilize as an alternative data point and integrate with seismic

Carbonate explorationLarge parts of the worlds oil resources are within carbonate reservoirs

Lighter exploration drilling

Formation testing while tripping‘Badger’ – drilling without a rig

Unconventional gas explorationShale gas, gas hydrates, coal bed methane, tight gas

Classification: Internal Status: Draft

Interpretive Seismic Processing

Classification: Internal Status: Draft

Seismic Well Fusion

Classification: Internal Status: Draft

Classification: Internal Status: Draft

Maximize recovery by locating bypassed oilLead the use of 4D technologyIncrease recovery factors Reduce drilling costs

The future of drillingReduce cost with improved safetyFaster well constructionIncrease abilities in deepwater, complex and narrow/fractured areas

Reserves and Value Creation Technology

Electromagnetic explorationResistivity measurements as used in bore holes - applied to a larger scaleFrom idea to field tests and commercializationValue from using the technology exclusively or applying the knowledge?

Classification: Internal Status: Draft

Technology collaboration around the world- The Norwegian Model

Academia and Research Institutes Strategic Cooperation

Schlumberger, Baker Hughes, Halliburton, Odfjell Drilling, General Electric

Supplier MarketCluster of Norwegian high tech and world leading suppliers – The Norwegian Model

Industrial Development and VentureOil Companies

CNPC, Gazprom, Petrobras, Pemex, Saudi Aramco, Sonatrach, Chevron

Classification: Internal Status: Draft

Creative and effective work processes

Geological understanding and geophysical imaging

How to find oil and gas?

Seismic vessels and rigs

Technology and competence

Tools

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