Equinor ASA · OSL:EQNR
Equinor ASA — Statoil — Jefferies Conference (Houston) 2013
11 slides from Equinor ASA's conference presentation, Nov 12, 2013
Slide 1: North American Growth
North American Growth Jason Nye, Senior Vice President, US Offshore
Slide 2: Forward looking statements
Forward looking statements This presentation contains certain forward-looking statements that involve risks and These forward-looking statements reflect current views about future events and are, by their uncertainties. In some cases, we use words such as "ambition", "continue", "could", "estimate",
Slide 3: Executing the strategy
Executing the strategy Production above 2.5 million boe/d in 2020
Slide 4: On track for production growth
On track for production growth Sanctioned Non-sanctioned START-UP 2011-2012 START-UP 2013-2016 START-UP 2017-2020 First growth wave Second growth wave Growth to accelerate towards 2020 underpinned by ramp-ups and start-ups ~400 ~900 ~1000 mboe/d installed capacity* mboe/d installed capacity* mboe/d
Slide 5: A growing presence in North America
A growing presence in North America The North American portfolio consists of Arctic Exploration Leases six key businesses 1. Deepwater Gulf of Mexico Anchorage Canadian Oil Sands 2. East Coast Canada Calgary East Coast Canada 3. The US Onshore Resource Plays Bakken Williston St. John’s Marcellus Bak
Slide 6: A significant operator onshore
A significant operator onshore Assets Delivering Growing Profitably Marcellus ~600,000 net acres HSE focus Liquids ramp-up Statoil operatorship Apply technology Eagle Ford ~70,000 net acres Concentrated liquids drilling Operator in core positions Transition to operator concluded Building value chain
Slide 7: Value uplift through mid- and downstream initiatives
Value uplift through mid- and downstream initiatives Midstream adds value Capturing value in the US gas market Differences in prices between • Expand gathering • Building water regional markets and Henry Hub* systems systems [USD/MMBtu] • Evacuation options • Marketing & trading - Rail Dominion Sout
Slide 8: A strong position in the Gulf of Mexico
A strong position in the Gulf of Mexico United States Spiderman Zia 18.3% 35% Stampede 20% 2017-2020 Tahiti 25% Heidelberg 12% 2016 Vito 30% 2017-2020 Caesar Tonga 23.55% Julia 50% 2016 Big Foot 27.5% 2014 Definition phase Jack 25% 2014 Execution phase St. Malo 21.5% 2014 Production 8 8
Slide 9: Statoil's technology toolbox
Statoil’s technology toolbox Platform modifications • Low pressure production • Debottlenecking Subsea technology • Compression • Boosting Drilling and well • Advanced wells • Interventions • Standardised well solutions Recovery management • Conventional and advanced recovery methods • Geophysical r
Slide 10: A leading exploration company
A leading exploration company Statoil office Exploration Presence Exploration Assets Chukchi Sea Beaufort Sea Anchorage Calgary St. John’s Williston Grand Banks Stamford Washington DC Austin Houston Gulf of Mexico Mexico City 10
Slide 11: Summary
Summary • Executing the strategy • Large footprint, right areas • Creating value across value chain • Technology to unlock value • Exploration success 11