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 CGG, ORG Geophysical, First 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.
|Session 1||The NCS as a petroleum province the next 50 years||Chairman: Halfdan Carstens||Geo Publishing|
|09:00||09:25||The future of oil and gas after Paris, and implications for the development on NCS||Eirik Wærness||Statoil ASA|
|09:25||09:50||A bold look into the future of the NCS||Nils-Henrik Bjurstrøm||Rystad Energy|
|09:50||10:20||Q&A||Is there any reason to continue exploration on the NCS? Questions from the audience|
|Session 2||Charge prediction and risking: what are the challenges?||Chairman: Jon Halvard Pedersen||Lundin|
|10:50||10:55||Introduction||Jon Halvard Pedersen||Lundin|
|10:55||11:20||Migration and fluid behaviour in general||Rolando di Primio||Lundin|
|11:20||11:35||Migration and risking||Øyvind Sylta||Migris|
|11:35||11:50||Multiple phases of hydrocarbon migration - a case study from Johan Castberg area||Olaf Thiessen||Statoil|
|11:50||12:05||To model or not to model oil migration – that is the question||Daniel Stoddart||Shell|
|12:05||12:30||Panel discussion||Linda Schulz |
Jon Halvard Pedersen
|Session 3||Recent Discoveries||Chairman: Mona Kjølseth||Lundin|
|13:30||13:50||North Sea 35/9-6 & 35/9-12: Ryggsteinsryggen Atlas & Titan||Stephan Rauer||DEA|
|13:50||14:10||North Sea 2/9-5S: Mandalshøyden Heimdalshø||Hege Lie||Det norske|
|Session 4||Injectities & Cores||Chairman: Kjell Berg||Det norske|
|14:40||15:00||From depositional to injected sands, from uneconomical to economical oil development of the Volund Field through high quality reservoir characterisation||Nicholas Satur, Sarah Alexandra Muehlboeck, Asgeir Bang||Det 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.”|
|15:00||15:10||Volund: PL150 24/9-5 & 24/9-7||Nicholas Satur||Det norske|
|15:10||15:20||Tellus: PL338 16/1-15||Ronald Sørlie||Lundin|
|15:20||15:30||Wisting Central: PL537 7324/8-1||Elin Olsen & Eirik Stueland||OMV|
|17:00||18:00||Session 5||Field trip: The cambro-silurian sedimentary rocks of the Oslo Rift||Guide: Morten Bergan||Bayerngas|
|Dinner speech||Sidsel Lindsø||M42 // GeoConsulting|
|22:00||-||DRINKS in the BAR|
|Session 6||Gullkronen lectures||Chairman: Nils-Henrik Bjurstrøm||Rystad Energy|
|09:00||09:30||Gullkronen lecture: Explorer of the year||Halvor Jahre||Lundin|
|09:30||10:00||Gullkronen lecture: Field operator of the year||Bjarte Padøy||Statoil|
|Session 7||Assessing the Exploration Toolbox||Chairman: Torodd Nordlie||DEA|
|10:00||10:20||Fortune favors the bold, but all that glitters is not gold – the G&G behind the Zumba prospect||Per Avseth, Richard Olstad & Reidar Müller||Tullow Oil|
|10:20||10:40||Wisting||Kjetil Krathus-Larsen||OMV Norge|
|Session 8||Reserves - before and after||Chairman: Vigdis Wiik Jacobsen||Enfram AS|
|11:10||11:30||An updated estimate of the undiscovered resources on the Norwegian Continental Shelf||Maren Bjørheim||NPD|
|11.30||11:50||Recent development of the exploration performance on the NCS||Jarand Rystad||Rystad Energy|
|11:50||12:10||From play to pay, risk mitigation with examples from the Barents Sea.||Stig Vassmyr||Det norske|
|Session 9||Near-field exploration||Chairman: Einar Sverdrup||Bayerngas Norge|
|13:10||13:30||North Sea: Learning while Drilling – changes in the geological understanding of the Ivar Aasen Field During the pre-drill campaign||Carsten Elfenben||Det norske|
|13:30||13:50||North Sea: The Gullfaks Shetland/Lista discovery||Martin Leonardi, Dag Aga, Ole-Andre Eikeberg||Statoil|
|13:50||14:10||Norwegian Sea: Aasta Hansteen - Snefrid/Roald Rygg/Gymir||Bjarte Myhren||Statoil|
|Session 10||Recent Discoveries||Chairman: Richard Olstad|
|14:40||15:00||The North Sea: 16/1-25S Rolvsnes: "A successful geophysical prediction of fractured porous basement reservoir – Rolvsnes oil discovery 2015, Utsira High"||Jan Erik Lie||Lundin|
|15:00||15:20||The North Sea: 33/2-2 Morkel: "A Triassic oil discovery on the Makrell Ridge"||Steve Thomas||Lundin|
|Session 11||Looking into the future||Chairman: Halfdan Carstens||Geo Publishing|
|15:20||15:40||A future for small discoveries||Roy Ruså||Petoro|
|END OF CONFERENCE|
See some impressions from the conference (click to see the full album):