PHASE 1 DEVELOPMENT – Lundin Petroleum

Lundin Petroleum · Mar 3, 2015 · 8 slides

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Slides

Johan Sverdrup Phase 1 Development February 2015 WF12033 p00 02.15
Johan Sverdrup Field Discovered by Lundin Petroleum in 2010 on PL501 Avaldsnes discovery Fifth largest oil discovery made on the NCS Drilled 22 appraisal wells + side tracks Spans three licences Lundin Norway AS 22.12% (based…
Johan Sverdrup Phase 1 Key Facts Phase 1 Gross Capital Investment : NOK 117 billion Includes: Platforms, wells, power supply from shore and export facilities Includes contingencies and market allowances for cost increases over and…
Johan Sverdrup Full Field Key Facts Full Field Gross Contingent Resources : 1.7-3.0 billion boe Plateau Production : 550-650,000 boepd 77 wells to be drilled WF12033 p04 02.15 Image depicts Phase I facilities 4
Johan Sverdrup Phase 1 Export Facilities Mongstad Krst Export Facilities Dedicated 274km 36 oil pipeline to the Mongstad oil terminal Dedicated 165km 18 gas pipeline to Krst gas terminal for processing and onward…
Johan Sverdrup Phase 1 Milestones Concept Selected PDO Approval - Phase I Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Production from Phase 2 2014 2015 2016 2017 2018 2019 expected 2022 PDO Submitted…
Johan Sverdrup Key Facts TOP 5 25% One of the biggest Peak production will First-phase development work Offshore emissions of climate oil discoveries be equivalent to 25% can provide some 51,000 gases will be reduced man-years…
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