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

Offshore

EIVA Welcomes New Global Director

The Danish offshore survey solution specialist EIVA a/s has appointed a new global sales director, Jakob Møller Nielsen. He comes from a similar position at SPX Flow Technology,

ASRY in Maritime Deal with Relay

UK-based engineering firm signs service agreement to provide direct services to vessels in ASRY, expanding the list of the yard’s onsite specialist contractors.

Harnessing Offshore Wind Peaks in U.S.

For the US energy industry, 2014 will be remembered as the year when crude oil prices fell below 50$/bbl, resulting in significant realignments in the sector.

Arctic Operations

US Senators Want a Stop to Arctic Drilling

Eighteen U. S. senators have urged the Obama’s administration to halt Shell’s Arctic drilling plans saying that it is an unacceptable and irresponsible decision, says a report in Reuters.

Arctic Sea Ice Decline

Sea ice in the Arctic Ocean is at its lowest May level since records began in the 1980s, says Al Jazeera.    The lowest levels in the history of Arctic sea ice

Alaska, Washington to Build Arctic Icebreakers

Senator Lisa Murkowski, Alaska, and Senator Maria Cantwell, Washington, have introduced a bill that would authorize the Navy to build up six icebreakers for use by the U.

Offshore Energy

EIVA Welcomes New Global Director

The Danish offshore survey solution specialist EIVA a/s has appointed a new global sales director, Jakob Møller Nielsen. He comes from a similar position at SPX Flow Technology,

ASRY in Maritime Deal with Relay

UK-based engineering firm signs service agreement to provide direct services to vessels in ASRY, expanding the list of the yard’s onsite specialist contractors.

Harnessing Offshore Wind Peaks in U.S.

For the US energy industry, 2014 will be remembered as the year when crude oil prices fell below 50$/bbl, resulting in significant realignments in the sector.

Seismic Vessel Tech

Shanghai Shipyard Won Bid for Two Survey Vessels

Shanghai Shipyard has won bids to build two multipurpose survey vessels for two geological survey institutes. The shipyard is an affiliate of China State Shipbuilding Corporation (CSSC).

PGS ASA - First Mover Offshore Mexico

Petroleum Geo-Services ASA (PGS) commenced operations of a MultiClient 2D seismic program offshore Mexico on May 16th. The two 2D vessels Atlantic Explorer and

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Salvage Ship Electronics Ship Simulators Sonar Winch
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: 0.1403 sec (7 req/sec)