OMV Norge, The Wisting development project in the Barents Sea

OMV (Norge) ASOMV (Norge) AS

Wisting DevelopmentINTSOK Networking Meeting, Ålesund September 2016

2 | OMV (Norge) AS, INTSOK - Arctic and Cold Climate Solutions, Ålesund 15 September 2016

ORIGINALY since 1955 it meant: ÖMV

Ö = Østerrike

M = Mineralolje

V = Forvaltning

Can be seen as a „Statoil“ i Østerrike

But the English Speaking world has a problem with Ø/Ö

So now it is OMV only (….and means nothing)

But maybe some Skijumping fans recognise our LOGO ?

OMV: Would you know us?


Franz Josef Land: Discovered August 1872

From North Cape ~ same distance as to Oslo


Start in Tromsö July1872 (with EllingCarlsen)

Ship frozen in ice atFranz Josef Land

3 dogsledge trips (840 km) to map & exploreislands

Abandoned ship after 2 years & draggedboats to open water

Back to Vardø via Novaja Semlja

HSE: 1 fatality due tosickness (TBC)

F. Nansen & Johansen in winter 1895/96 (Fram)

Early Explorers: Julius Payer & Carl WeyprechtØsterriksk-Ungarsk Ekspedisjon 1872-1874


Hanssen

Wisting

PL537 – License Overview

License ParticipantsOMV (Op), Idemitsu, Petoro and Statoil

PL 537 awarded Q2/2009 3D seismic shot in 2009 Prospect defined Q4/2010 2 wells in Q3/Q4 2013 1 well in Q2 2014 1 well in Q2 2015 1 well in Q1/Q2 2016


Wisting is a very shallow, unique accummulation

Low temperature & pressure

6 major segments

1)Wisting Central (2013)

2)Wisting Central West (2016)

3)Wisting Central South (2016)

4)Hanssen (2014)

5)Bjaaland (2015, residual oil)

6)Hassel (undrilled)

We have drilled enough segments

to progress towards development


PL 537 awarded May 2009 2009: New 3D in Summer

Q4/ 2010 Prospect ready

2011 Rig – no JV-majority

2013/Q3: Wisting Central

2013/Q4: Wisting Alternative

2014: Hanssen Drill & Test

2015: Bjaaland Well

2015/16 ff: Feasibility Studies

Appraisal Programme

2016: Horizontal well

2016: P-cable survey

2017: BOK (DG1)

2018: BOV (DG 2)

PL 537: Activities to date & OMV plans forward

From left Amundsen, Hanssen, Hassel and WistingAmundsen's expedition at the South Pole, December 1911 Photo by Olav Bjaaland.


First subsea ultra shallow reservoir extended reach well

First subsea horizontal appraisal well in Barents Sea

High build-rate enabled successfullhorizontal trajectory in the 12 ¼ section

Efficient horizontal drilling in a shallow reservoir

Managed to drill through several faults despite extensive losses

Well design changes implemented successfully based on information from offset wells, data gathering and modelling

Horizontal Well Concept and Achievements


Actual Well Trajectory on Pre-Drill X- Section


► Shallow reservoir – 250m below seabed

► Good quality sands

► Reservoir conditions

► Low Pressure - 70 bars

► Low Temperature - 17°C

► Current reference case includes:

► Water injection as drive mechanism

► Horizontal production wells

► Subsea multi-phase pumps

Reservoir Characteristics


Floating structure (FPSO ship shaped, cylindrical, semi or TLP + FSU)

400m water depth

Pressure boosting pumps located sub-sea/or down hole

Low pressure reservoir – 70barg

Produced gas is re-injected or used as fuel gas

Low GOR 30-50m3/m3 (export unlikely, need gas for turbines)

Oil export via tanker offloading

Currently no oil pipeline infrastructure

All produced water re-injected

Barents requirement

Facilities Concept (common for all cases)


Facilities CAPEX assumptions – Base case

110 000 bbl./day FPSO

5 production risers

5 water injection risers

1 gas injection riser

5 x 100%

Sub-sea multiphase

boosting pumps

Wet XMT

Direct electrical heating on all

flow-lines.

(hydrate mitigation

philosophy).

2 x100% fibre optic cables to

shore


Field layout – Base case


Field layout – Base case


Flow assurance

Wax (WAT 22oC, reservoir temperature 17°C, light ends)

Fluid testing, simulate behavior of fluids.

Hydrate (end of field life, higher pressures)

Direct electrical heating

Water injection specification – 4oC and 5 micron.

Power

Fuel gas deficient late life (gas linked to oil rate)

300km for power from shore

Design criteria for sub structure (weather, ice)

Challenges - Facilities


► Consolidate knowns (experience transfers, joint industry projects,

available data)

► Aim to establish draft high level design criteria for Wisting floater

► (joint facilities/HSSE work)

► MetOcean working group as

part of BaSEC

Sub-structure study work

OMV (Norge) ASOMV (Norge) AS

Documents

OMV Norge, The Wisting development project in the Barents Sea