1 / 10

Mariner – a project in the making

On December 20, 2012, Statoil announced its significant investment decision for the Mariner project, marking the largest capital expenditure commitment on the UK Continental Shelf in over a decade. With over USD 7 billion earmarked (half to be spent between 2013-2017), Statoil aims to unlock substantial reserves of approximately 2 billion barrels of oil equivalent. The project is positioned for 30 years of production, targeting around 55,000 barrels per day during its peak. Mariner's development promises to create long-term jobs, boost local economies in Aberdeen, and provide technological advancements for future UK projects.

kass
Télécharger la présentation

Mariner – a project in the making

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mariner – a project in the making 20 December 2012

  2. Statoil makes investment decision on Mariner • Largest CAPEX commitment on the UKCS for over a decade • Gross investment of more than USD 7 billion (half to be spent between 2013-2017) • Statoil’s experience and technology will unlock large reserves • Approx. 2 billion boe in place (100%) • More than 250 mboereserves • Production for 30 years • Approx. 55,000 bbls/d over the plateau period 2017-2020

  3. Mariner is part of the corporate strategy World’s largest offshore operator and a key player in the North Sea Solid heavy-oil experience from Norway, Brazil, Canada and Venezuela – supported by a strong R&D focus First operator to present commercial development plan for Mariner

  4. Mariner – Overview

  5. Mariner field specifications • Reservoirs: • Maureen formation at 1,492m • Heimdalreservoir at 1,227m • Heavy oil • Oil with API gravities of 12.1° to 14.2°

  6. The field development concept Production, drilling and living quarters (PDQ) platform Floating storage unit (FSU) Jack-up drilling rig during first 4-5 years First oil: 2017 Projected oil reserves: more than 250 million barrels

  7. The field development concept – details

  8. Projected benefits for the UK Aberdeen • Significant tax revenues • Operations centre in Aberdeen • 700 long term jobs • Knowledge and technology transfer for future UK projects • Local contractors for support services, maintenance & modifications

  9. Strategic context of Mariner for Statoil A natural expansion of Statoil’s lead role in the North Sea basin First move into a major development field in the UK Developing competence and technology to unlock new heavy oil fields worldwide

  10. www.statoil.com

More Related