News | March 7, 2014

United Industry Behind Joint Seismic Acquisition

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The project for joint seismic acquisition in the southeastern Barents Sea has been joined by 16 new companies. A total of 33 companies are now part of this project, which will secure good data quality and low acquisition costs.

A joint acquisition of data will also limit any possible negative consequences for the fishing industry.

The recently opened southeastern Barents Sea is part of the 23rd licensing round on the Norwegian continental shelf in 2014. At the request of the Norwegian Ministry of Petroleum and Energy (OED), the Norwegian Oil and Gas Association launched an initiative for a joint project relating to acquiring 3D seismic data from blocks in this area. Statoil took on the operator role for the acquisition.

On 10 December last year, 17 companies joined the project as early participants. A further 16 companies followed suit after the OED on 14 February circulated a proposal regarding block announcements for public consultation.

A doubling of the number of companies in the project shows that the initiative enjoys solid industry support. It is a project that will further reduce costs while ensuring good quality data by utilising the companies’ concerted competencies.

In March the project will announce the awarding of contracts and present further plans for the acquisition.

List of companies participating in the project:

Early Participants:

  • AS Norske Shell
  • BP Norge AS
  • Chevron Norge AS
  • ConocoPhillips Skandinavia AS
  • Det norske oljeselskap ASA
  • Eni Norge AS
  • GDF SUEZ E&P Norge AS
  • Idemitsu Petroleum Norge AS
  • Lukoil Overseas North Shelf AS
  • Lundin Norway AS
  • PGNiG Upstream International AS
  • Repsol Exploration Norge AS
  • Spike Exploration Holding AS
  • Statoil Petroleum AS
  • Suncor Energy Norge AS
  • VNG Norge AS
  • Wintershall Norge ASA

New Participants:

  • Bayerngas Norge AS
  • BG Norge Exploration Limited NUF
  • Dong E&P Norge AS
  • Edison International SpA
  • Norway Branch
  • E.ON E&P Norge AS
  • Explora Petroleum AS
  • ExxonMobil Exploration
  • and Production Norway AS
  • Faroe Petroleum Norge AS
  • INPEX
  • Kuwait Foreign Petroleum
  • Exploration Company (KUFPEC)
  • Moeco Oil & Gas Norge AS
  • OMV (Norge) AS
  • RN Nordic Oil
  • RWE Dea Norge AS
  • Total E&P Norge AS
  • Tullow Oil Norge AS

SOURCE: Statoil

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