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WHAT KIND OF CHALLENGES

WHAT KIND OF CHALLENGES. Mogens Zoll Hundahl . Esbjerg, 19 th August 2014. Agenda . Who am I? Why the concern ? What are the challenges ? What is needed ?. Who am I?. Name : Mogens Zoll Hundahl Age: 53 years Education : BSc Chemical Engineering; Esbjerg 1988

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WHAT KIND OF CHALLENGES

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  1. WHAT KIND OF CHALLENGES • Mogens Zoll Hundahl • Esbjerg, 19thAugust 2014

  2. Agenda • Who am I? • Why the concern? • Whatare the challenges? • What is needed?

  3. Who am I? • Name: Mogens Zoll Hundahl • Age: 53 years • Education: BSc Chemical Engineering; Esbjerg 1988 • Mogens.Hundahl@atkinsglobal.com

  4. Why the concern? • Threats • Financial • Reducedproduction • Ageing assets • Safety • ”Old” technology • Ageing assets • Environment • Increasedawareness • Ageing assets

  5. Whatare the challenges? • Reduced reservoir pressure • Reducedoil/gasproduction • Reducedlifetime of assets

  6. Whatare the challenges? • Increasedwaterproduction • Increasedcost of operation (OPEX) • Maintenance • Manning • Lifetimeextension

  7. Reducedproduction

  8. Reducedproduction

  9. Lifetime • Typical North Sea design • Designed 1980 • Design life25 years • Firstproduction 1982 • End of life 2007

  10. Oil price

  11. Liftingcost

  12. What is next? • Produce more of the oil in place • New technology • EOR

  13. Questions?

  14. Thank you for your attention Mogens.Hundahl@Atkinsglobal.com

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