The Arctic Frontiers Oil & Gas

Activity Map To 2015

Media Information Sheet

Published by Infield Systems Limited

Distribution at

ATC 2011 & OTC 2011

www.infield.com

19/08/2010

Steve Adams | International Sales ManagerT: +44 (0) 20 7423 5000 | F:- +44 (0) 20 7423 5050 E: steve.adams@infield.com | Infield Systems Limited Suite 502, 1 Alie Street | London | E1 8DE | UK

The Arctic Frontier

Have we reached the end of easy oil?

With increasing global consumption and depleting reserves, oil companies are looking to frontier areas to meet future demand. The Arctic holds the world’s largest remaining untapped gas reserves and some of its largest undeveloped oil reserves. A significant proportion of these reserves lie offshore, in the Arctic’s shallow and biologically productive shelf seas. According to the oil industry, the Arctic is the “final frontier” for petroleum development.

The Arctic, however, holds new and unique challenges for oil companies and offshore service companies. The environment alone poses risks for safety, technologies and infrastructure, while the remoteness of the area will make getting Arctic reserves to market challenging.

The N62 degree region has long been viewed as a huge resource for oil and gas but the harsh unforgiving conditions and tricky economics have made it unappealing, but this viewpoint is now changing.

The world’s established regions of the Gulf of Mexico to the North Sea, Middle East, West Africa, Latin Americas, South East Asia and Australasia and more recently China and India, are full-filling our thirst for oil, but demand grows and traditional reserves are being expended. Attention is now turning to the Arctic Circle, which covers about 6 per cent of the earth’s total surface and is one of the last regions of any significant size to be explored for oil and gas.

More specifically, the focus now is upon offshore resources in the Arctic Circle, in continental shelves under less than 500m of water. Onshore areas in the region have already been explored, with some 40 billion barrels of oil, 1,136 trillion cubic feet of natural gas, and 8 billion barrels of natural gas liquids having been developed, primarily in the West Siberian Basin of Russia and on the North Slope of Alaska.

But the real dilemma is “Exactly how much untapped oil is there in the region?”

The area north of the Arctic Circle has an estimated 90 billion barrels of undiscovered, technically recoverable oil, 1,670 trillion cubic feet of technically recoverable natural gas, and 44 billion barrels of technically recoverable natural gas liquids in 25 geologically-defined areas thought to have potential for petroleum.

According to the latest 2009 USGS report, these resources account for about 22 per cent of the undiscovered, technically recoverable resources in the world. The Arctic accounts for about 13 per cent of undiscovered oil, 30 per cent of undiscovered natural gas, and 20 per cent of the undiscovered natural gas liquids in the world. About 84 per cent of these estimated resources are expected to occur offshore.

Exploration for petroleum has already resulted in the discovery of more than 400 oil and gas fields north of the Arctic Circle. The Arctic is a frontier region and oil and gas development will require the building of massive infrastructure.

Map Specifications and Content:

The base map will feature a complete regional overview, showing both the current operational status of the region, including operational oil and gas fields, fixed platforms, floating production systems and pipelines. The map also includes detailed map insets featuring the major producing areas with all up-coming oil and gas fields, fixed platforms, floating production systems and pipelines being planned or considered through to 2015.

Advertising:

Within the Map, advertising will be restricted to 11 100 mm x 100mm positions though there is scope for companies to “double up”. The map provides a unique marketing aide for leading operators, contractors and manufacturers to promote their services, facilities and major new project references to the global oil and gas industry. All advertisers will receive 100 folded maps for their own distribution.

● 100 mm x 100 mm position - GB(£) 2,500.00 / US($) 4,000.00

Distribution

The new activity map will be produced and published in time for free distribution at major oil and gas events throughout 2011 and 2012 as well as through the Infield Shop. Key events are;

● Arctic Technology Conference to be held in Houston in 2011● Offshore Technology Conference 2011 & 2012

Other events Infield will be attending in 2011 and 2012 include; Subsea Asia, Offshore Northern Seas, Subsea Aberdeen, Subsea Europe, Subsea Tie-Backs, Offshore Technology Conference, Offshore Europe, Arctic Conference, Oceanology International and the Offshore Mediterranean Conference.

Map technical specifications:

● Size 1370mm (W) by 875mm (H) ● Smooth quality coated paper ● A proposed print run of 3000 maps is planned

Base Map Image:

● Full colour land satellite image ● Coastlines, with Major Towns; Ports & Terminals ● Bathymetry (Water Depth) set to; 500m; 1000m; 1500m, 2000m, 3000m+ ● Licence & Concession Areas with Operator Status ● Shipping Lanes● Supply, Support & Research Bases● Areas of High Radiation / Nuclear Test Sites● Summer & Winter Maximum & Minimum Ice Flows● Helicopter Bases & Aircraft Landing Locations● Operational Oil & Gas Fields ● Operational Fixed Platforms ● Operational Floating Production & Storage Facilities ● Operational Offshore Pipelines ● Remote location Proposed Oil and Gas Fields with Field Names ● Remote location proposed Pipelines Start & End Points

Enlarged Inset Maps & Other Information:

● Alaska - Beaufort Sea, North Slope● Alaska - Cook Inlet● Norway - N62° ● Additional Regional Maps● Arctic Offshore Fleet List

Infield Key Metrics Inserts

Infield has a proven background in the supply of accurate and detailed market forecasts utilising the unique and proprietary OFFPEX Market Modelling & Forecast System. As used by many major operators, contractors, suppliers and financiers around the world and to produce Infield Systems’ ‘Global Perspectives’ range of market reports, OFFPEX is the only complete ‘bottom-up’ model of the offshore industry.

This map will contain detailed analysis from OFFPEX on the regions up-forecasts of expenditure (US$m) and activity covering:

● Regional Overview of environmental & Government legislations● Deep & Ultra-deepwater ● Subsea Equipment, Drilling & Completion● Fixed Platforms ● Floating Production ● Pipelines● Control Lines ● Specialist vessels (Vessel Days)

Other Wall Charts:

Infield produces a series of wall maps from their Offshore Energy Gateway Online Mapping & GIS System. Other titles in the series include:

● Gulf of Mexico Oil & Gas Infrastructure & Integrity Map● North Sea Oil & Gas Infrastructure & Integrity Map● Offshore North America Oil & Gas Activity Map● The Arctic Frontiers Oil & Gas Activity Map● Offshore Asia Pacific Oil & Gas Activity Map● Offshore Latin America Oil & Gas Activity Map● Offshore West Africa Oil & Gas Activity Map● Offshore North America Oil & Gas Activity Map

For more information about these maps and advertising opportunities please visit www.infield.com.