Energy and environment – more from existing fields – prudent resource policySiri Espedal KindemSenior vice president Technology excellence

Oseberg – an impressive recovery story

• Gas injection• Infill drilling• Horizontal wells• Branched wells• Zone control• 4D seismic• Subsea tie-ins

TOGI 1991 First dedicate Ness well 1995

Horizontalbranched well 1995

Development of Oseberg area

Prolonged gas inj./ postponed max gas export

World class oil recovery rate

Average for Statoil's operated fields on NCSPDO: Plan for development and operations

Increased oil recovery is the largest field on the Norwegian continental shelf

7,5 billion

Energy efficiency

(Source: The International Association of Oil and Gas producers latest report based on 2010 data)

CO2 tonnes emission per 1000 tonnes production

Platform modifications

Subsea technology

Drilling and well

Recovery management

Statoil’s toolbox in the whole value chain

Ongoing EOR projects in Statoil

Implementation/PilotingProject developmentPartner operated

Canadian extra heavy oil fields

Dalia

Petrocedeño

Peregrino

Heidrun

IOR center Trondheim

SnorreGullfaks

Veslefrikk

Brage

Schiehallion Bressay

Mariner

World class oil recovery rate

Average for Statoil's operated fields on NCSPDO: Plan for development and operations

60%

Future ambition

Thank you

Get more out of ONS 2012Visit statoil.com/ons or m.statoil.com/ons

Energy and environment– more from existing fields – prudent resource policy

Siri Espedal KindemSenior vice president Technology excellencesies@statoil.com www.statoil.com

Crossing energy

frontiers