Thumbs up!

Confidence in the exploration community after RD 2016

“Thumbs up! Great conference!” – one of many positive comments at the end of this year’s NCS Exploration Conference on Recent Discoveries in Oslo.

This opinion not only expresses the enthusiasm of the delegates for the event. It also summarises the optimistic spirit that was shared and fostered by the 140+ delegates who enjoyed two days of exciting and inspiring talks at a fantastic venue.

The presenters in the ten sessions did a great job. All were highly motivated to share their experiences and knowledge. We got interesting insights into the processes and rationals behind recent discoveries as well as failures. In addition, quite a few talks gave an outlook on the expected development of exploration activity and success on the NCS.
And the attendees got the clear message that the future is a bright one. The speakers and attendees agreed that improvements are obviously necessary yet about to take place quite soon.

Eirik Wærnes from Statoil stated in his key note that based on the currently available information, it is clear that the demand for oil and gas will not decline any time soon. Jarand Rystad from Rystad Energy pointed out that according to Rystad’s analysis, the current low of oil price is caused by a typical oversupply and not by a structural change in the industry, which makes him optimistic that the oil price will recover to moderate levels soon. Maren Bjørnheim from NPD explained that the potential on the NCS and in particular in the Barents Sea is remarkable.

The conference was rounded up with quite a complementary program. During the entire conference, experts from CGGORG GeophysicalFirst GEO and Rystad Energy presented their technologies and products in an exhibition and discussed these intensively with the interested attendees.

After the presentations on day 1 of the conference, the participants were viewing exclusively complete cores from 3 different wells – Tellus, Volund and Wisting Central – and enjoyed the enthusiastic explanations by the experts Nicholas Satur from Det norske, Elin Olsen with Eirik Stueland from OMV and Ronald Sørlie from Lundin. 

The field trip under the guidance of Morten Bergan from Bayerngas to the Cambro-Silurian sedimentary rocks of the Oslo Rift took the participants to the shore right outside of the hotel where they enjoyed both interesting geology as well as best May weather.

The dinner allowed for interesting chats with new acquaintances due to a table raffle. In her dinner speech, Sidsel Lindsø challenged the innovation culture in the industry and encouraged the delegates to think outside the box.

PROGRAM

StartEndTitleSpeaker Company
07:3008:55Registration
08:5509:00WelcomeHalfdan CarstensGeoPublishing
Session 1The NCS as a petroleum province the next 50 yearsChairman: Halfdan CarstensGeo Publishing
09:0009:25The future of oil and gas after Paris, and implications for the development on NCSEirik WærnessStatoil ASA
09:2509:50A bold look into the future of the NCSNils-Henrik BjurstrømRystad Energy
09:5010:20Q&AIs there any reason to continue exploration on the NCS? Questions from the audience
10:2010:50COFFEE BREAK
Session 2Charge prediction and risking: what are the challenges?Chairman: Jon Halvard PedersenLundin
10:5010:55IntroductionJon Halvard PedersenLundin
10:5511:20Migration and fluid behaviour in generalRolando di PrimioLundin
11:2011:35Migration and riskingØyvind SyltaMigris
11:3511:50Multiple phases of hydrocarbon migration - a case study from Johan Castberg areaOlaf ThiessenStatoil
11:5012:05To model or not to model oil migration – that is the questionDaniel StoddartShell
12:0512:30Panel discussionLinda Schulz
Joachim Rinna
Jon Halvard Pedersen
Statoil
Det norske
Lundin
12:3013:30LUNCH
Session 3Recent DiscoveriesChairman: Mona KjølsethLundin
13:3013:50North Sea 35/9-6 & 35/9-12: Ryggsteinsryggen Atlas & TitanStephan RauerDEA
13:5014:10North Sea 2/9-5S: Mandalshøyden HeimdalshøHege LieDet norske
14:1014:40COFFEE BREAK
Session 4Injectities & CoresChairman: Kjell BergDet norske
14:4015:00From depositional to injected sands, from uneconomical to economical oil development of the Volund Field through high quality reservoir characterisationNicholas Satur, Sarah Alexandra Muehlboeck, Asgeir BangDet norske
“Cores from exploration wells represent some of the most valuable and expensive samples from the Norwegian Shelf and the program committee are working with several key operators to display key cores from key discoveries on the NCS.”
15:0015:10Volund: PL150 24/9-5 & 24/9-7Nicholas SaturDet norske
15:1015:20Tellus: PL338 16/1-15Ronald SørlieLundin
15:2015:30Wisting Central: PL537 7324/8-1Elin Olsen & Eirik StuelandOMV
15:3017:00Core viewing
17:0018:00Session 5Field trip: The cambro-silurian sedimentary rocks of the Oslo RiftGuide: Morten BerganBayerngas
19:0020:00APERITIF
20:0022:00DINNER
Dinner speechSidsel LindsøM42 // GeoConsulting
22:00-DRINKS in the BAR
Start EndTitleSpeaker Company
Session 6Gullkronen lecturesChairman: Nils-Henrik BjurstrømRystad Energy
09:0009:30Gullkronen lecture: Explorer of the yearHalvor JahreLundin
09:3010:00Gullkronen lecture: Field operator of the yearBjarte PadøyStatoil
Session 7Assessing the Exploration ToolboxChairman: Torodd NordlieDEA
10:0010:20Fortune favors the bold, but all that glitters is not gold – the G&G behind the Zumba prospectPer Avseth, Richard Olstad & Reidar MüllerTullow Oil
10:2010:40WistingKjetil Krathus-LarsenOMV Norge
10:4011:10COFFEE BREAK
Session 8Reserves - before and afterChairman: Vigdis Wiik JacobsenEnfram AS
11:1011:30An updated estimate of the undiscovered resources on the Norwegian Continental ShelfMaren BjørheimNPD
11.3011:50Recent development of the exploration performance on the NCSJarand RystadRystad Energy
11:5012:10From play to pay, risk mitigation with examples from the Barents Sea. Stig VassmyrDet norske
12:1013:10LUNCH
Session 9Near-field explorationChairman: Einar SverdrupBayerngas Norge
13:1013:30North Sea: Learning while Drilling – changes in the geological understanding of the Ivar Aasen Field During the pre-drill campaignCarsten ElfenbenDet norske
13:3013:50North Sea: The Gullfaks Shetland/Lista discoveryMartin Leonardi, Dag Aga, Ole-Andre EikebergStatoil
13:5014:10Norwegian Sea: Aasta Hansteen - Snefrid/Roald Rygg/GymirBjarte MyhrenStatoil
14:1014:40COFFEE BREAK
Session 10Recent DiscoveriesChairman: Richard Olstad
14:4015:00The North Sea: 16/1-25S Rolvsnes: "A successful geophysical prediction of fractured porous basement reservoir – Rolvsnes oil discovery 2015, Utsira High" Jan Erik LieLundin
15:0015:20The North Sea: 33/2-2 Morkel: "A Triassic oil discovery on the Makrell Ridge"Steve ThomasLundin
Session 11Looking into the futureChairman: Halfdan CarstensGeo Publishing
15:2015:40A future for small discoveriesRoy RusåPetoro
15:4015:45Closing remarksGeoPublishing
END OF CONFERENCE

See some impressions from the conference (click to see the full album):