More Arctic Norwegian Shelf Resources Mapped

Press Release
Wednesday, February 27, 2013
Comparison of 2011/2012 Seismic Data

The Norwegian Petroleum Directorate’s (NPD’s) mapping of the southeastern Barents Sea and the area surrounding Jan Mayen shows 15% increase.

The increase will result in an approximate increase of 15 per cent in the estimates of undiscovered resources on the Norwegian shelf which corresponds to about 390 million standard cubic metres (Sm3) of oil equivalents (o.e.). The mapping of these petroleum resources is a step in the authorities’ process to open these areas for petroleum activity.

Southeastern Barents Sea
The mapped area in the southeastern Barents Sea along the Russian border constitutes about 44 000 square kilometres. The NPD’s calculations show that expected resources total approx. 300 million Sm3 o.e., with an uncertainty range of 55 – 565 million Sm3 o.e. This means that the most pessimistic estimates lie at the low end of the spectrum, but that the petroleum volumes present could be considerably greater. Most of the resources in this part of the Barents Sea are expected to be gas. About 15 per cent are expected to be oil.

Jan Mayen
During the same period, the Norwegian Petroleum Directorate mapped possible petroleum resources in the sea area surrounding Jan Mayen. Seismic and aeromagnetic data, as well as numerous source rock samples, have been acquired in recent years in parts of the 100 000-square-kilometre area which may be opened.

The uncertainty regarding the area’s petroleum potential is considerable, because we have less knowledge here than, for example, in the southeastern Barents Sea where exploration wells have been drilled in adjacent areas already opened for petroleum activity. The expected resources in the Jan Mayen area are estimated at 90 million Sm3 o.e. The estimates indicate that there could be considerable resources in the area.


Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Arctic Operations

Demands for Icebreaker Tours Spiral

Plans to terminate commercial tours to the North Pole on the nuclear-powered icebreakers of the Atomflot company in 2016 have surged the demand for these tours.

Arctic Ice 'Too Thick' for Shipping Route

Sea ice in the Arctic is still too thick for Northwest Passage commercial shipping route in spite of warming temperatures. This is according to new research from York University.

Italy's Eni Arrives Arctic as Shell Departs

As Shell retreats from the Arctic, the Italian oil giant Eni is making final preparations for its own oil exploration venture in the Norwegian Arctic, reports the Guardian.

Offshore Energy

Kruszewski Joins Braemar Engineering

Braemar Engineering, the specialist maritime engineering consultancy, today announced the appointment of Chis Kruszewski to the role of Senior Electrical Engineer in its Offshore,

RigNet Partners Inmarsat to Offer Fleet Xpress

RigNet, Inc., a global provider of remote managed offshore communications solutions, telecoms systems integration services and collaborative applications to the oil and gas industry,

Ulstein Systems Ordered for New Rock Installers

Ulstein Power & Control announced it has been contracted by Chinese shipbuilder AVIC Weihai Shipyard Co. Ltd. to deliver power and control for two subsea rock installation

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2872 sec (3 req/sec)