Statoils response to the industry efficiency challenge Jannicke Nilsson SVP STEP London 3 June 2015
Statoils response in a world of constant change Escalating cost reducing Volatile and Climate and low carbon Maintain safe and profitability unpredictable income society efficient operation 2
STEP projects improving our efficiency End-to-end well delivery Enabling OMM* excellence Standard well design, Reduced modifications portfolio equipment and procedures Maintenance step-change Drilling execution excellence Production…
Efficiency improvements on track target increased Realised USD 0.6 bn in efficiency improvements in 2014 30 percent step-up 1) All number references in USD bn 2) Norwegian continental shelf field cost = installation subsea and…
Significantly reduced modification cost Modification1) cost down 24% as a result of Stricter prioritisation Leaner scope Gullfaks high voltage project Increased productivity whilst maintaining technical condition 1)…
Trend shift for NCS field cost 1) Low unit production cost 2) NCS field cost improvements 1) Norwegian continental shelf field cost = installation subsea and topside operation and maintenance, logistics, catering, administration, HSE…
Loading...
