The state organisation of petroleum operations

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Transcription:

The state organisation of petroleum operations Stortinget (parliament) Government Ministry of Finance Ministry of Petroleum and Energy Ministry of Labour and Government Administration Norwegian Petroleum Directorate Petroleum Safety Authority Norway

The organisation of the MPE Minister Political advisor State secretary Secretary general Information section E&P and market department Petroleum department Adm. budgets and accounting department Energy and water resources department

The E&P and market department and the Petroleum department Facts 24 E&P and market department Exploration section Oil section Gas section Petroleum department Industry section Environmental affairs section Section for state participation Petroleum law and legal affairs section Economics section

Licensing round Nomination Announcement Application Award Negotiation

Macroeconomic indicators for the petroleum sector Facts 24 5 4 Percent 3 2 1 1971 1976 1981 1986 1991 1996 21 Share of GDP Share of exports Share of investment Share of total revenues Source: Statistics Norway/Ministry of Finance

Net cash flow to the state from petroleum operations* Facts 24 NOK bn (24 value) 3 26 22 18 14 1 6 SDFI Statoil dividend CO2 tax Royalty and area fee Taxes State net cash flow 2-2 1973 1976 1979 1982 1985 1988 1991 1994 1997 2 23* *23 estimate Source: National account and state budget

Investment 1985-23 NOK bn (money of the day) 8 7 6 5 4 3 2 1 Fields On land Pipeline 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23* *estimate Source: Statistics Norway

Estimates for future investment infields and pipelines 24-213 Facts 24 8 7 NOK bn (24 value) 6 5 4 3 2 1 24 25 26 27 28 29 21 211 212 213 Fields in production or under development Pipelines/onshore Possible improved recovery measures Specific measures on producing fields Finds under evaluation Undiscovered resources Source: MPE/NPD

Status for petroleum resources and the uncertainty in the estimates Facts 24 Source: NPD

Total production 28 Mill scm oe 24 2 16 12 8 Oil/NGL/cond Gas 4 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 Source: MPE/NPD

Oil production (incl. NGL) 1981-23 25 4 2 Oil production in mill scm 3,5 3 Mill scm oe 15 1 Oil production in b/d 2,5 2 1,5 Mill boe/day 5 1,5 1981 1984 1987 199 1993 1996 1999 22 Source: MPE/NPD

Dry gas deliveries from the NCS 14 12 1 Mill scm oe 8 6 4 2 24 25 26 27 28 29 21 211 212 213 214 Commited volume Possible new sales Source: MPE/NPD

Production forecast for petroleum 24-214 Facts 24 35 3 25 Mill scm oe 2 15 1 5 24 25 26 27 28 29 21 211 212 213 214 Crude oil NGL Condensate Gas Source: MPE/NPD

Historical oil price development, 1972-23 Facts 24 8 Current 6 USD USD/bbl 4 2 1972 1974 1976 1978 198 1982 1984 1986 1988 199 1992 1994 1996 1998 2 22 Source: Platts

Production and net export of crude oil* 23 Net export Production Saudi Arabia 8,46 Saudi Arabia 9,88 Russia 5,83 Russia 8,46 Norway 3,1 USA 7,84 Iran 2,58 Iran 3,95 UAE 2,38 Mexico 3,79 Kuwait 2,3 China 3,42 Nigeria 2,1 Norway 3,26 Venezuela 1,98 Canada 2,98 Mexico 1,73 UAE 2,63 Algerie 1,6 Venezuela 2,53 5 1 mill b/d *incl NGL/condensate 2 4 6 8 1 12 mill b/d Source: Petroleum Economics Ltd

Sale of Norwegian crude oil 23* Total 164,7 mill scm oe USA 8,1 % Others 1,6 % Canada 6,9 % France 11,4 % Germany 9,4 % Netherlands 12,7 % Sweden 4,5 % UK 23,6 % Norway 12,9 % *to first recipient Source: NPD

Sale of NGL/condensate 23* Total 21.7 mill scm oe Others 14,4 % Belgium 6, % Denmark 7,4 % Finland 2,2 % USA 18, % France 2,7 % Netherlands 13,6 % Germany 3,3 % Sweden 7,3 % UK 5, % Spain,8 % Portugal,8 % * to first recipient Norway 18,4 % Source: NPD

Definition of natural gas Methane (C 1 ) Ethane (C 2 ) Propane (C 3 ) Butane (C 4 ) LPGs Natural gas Pentanes and heavier fractions,also referred to as: C5 + Naphta Condensate NGLs Source:MPE

Norwegian natural gas exports 23 Total 71.1 scm oe. UK 12,3 % Spain 3,4 % Poland,6 % Germany 34,2 % Netherlands 8,9 % France 18,8 % Czech.Rep 3,5 % Austria 1,1 % Italy 7,9 % Denmark,1 % Belgium 9,2 % Source: MPE

Awards per year Number of blocks/production licences 45 4 35 3 25 2 15 1 5 Number of blocks awarded Number of production licences Area awarded sq. km 8 7 6 5 4 3 2 1 Area awarded sq. km 1965 1968 1971 1974 1977 198 1983 1986 1989 1992 1995 1998 21 Source: NPD

Exploration wells completed per year after reclassification Facts 24 6 5 4 Wells 3 2 1 1966 1969 1972 1975 1978 1981 1984 1987 199 1993 1996 1999 22 Wildcats Appraisals Source: NPD

Emissions to the air Diffusive emissions Gas turbine exhaust Gas flaring Well testing Diesel fuel exhaust Gas venting

Discharges to the sea Seewage/household effluents Drains Drilling discharges Spill Produced water Cooling water Displacement water

Total employment in Norway s petroleum sector 1982-23 People employed 1 9 8 7 6 5 4 3 2 1 1982 1984 1986 1988 199 1992 1994 1996 1998 2 22 Total employment Women Foreigners Source: Directorate of Labour

Internettadresse - Internet address www.oed.dep.no www.mpe.dep.no