Oil and Gas Exploration in the Arctic - Vast, Technically Recoverable Oil and Gas Resources Attract International Oil Companies to Increase Presence in the Region
NEW YORK, Nov. 29, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
http://www.reportlinker.com/p01047895/Oil-and-Gas-Exploration-in-the-Arctic---Vast-Technically-Recoverable-Oil-and-Gas-Resources-Attract-International-Oil-Companies-to-Increase-Presence-in-the-Region.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy
Oil and Gas Exploration in the Arctic - Vast, Technically Recoverable Oil and Gas Resources Attract International Oil Companies to Increase Presence in the Region
Summary
"Oil and Gas Exploration in the Arctic - Vast, Technically Recoverable Oil and Gas Resources Attract International Oil Companies to Increase Presence in the Region" is the latest report from GlobalData, the industry analysis specialist. The report highlights the oil and gas exploration potential of the Arctic region, providing details of key exploration areas, major companies exploring the Arctic and the drivers and challenges of oil and gas exploration in the Arctic region. The report discusses leasing and exploration activities in the US (Alaska), Greenland, Canada, Norway and Russia, detailing exploration and production operations of major international oil companies involved and key drivers and challenges for development in the environmentally sensitive region.
Scope
The report analyzes oil and gas exploration activities in the Arctic region. The scope of the report includes -
- The report provides an overview of the oil and gas resources in the Arctic.
- The report discusses the major issues and factors driving International Oil Companies (IOCs) to establish their presence in the Arctic.
- The report also provides updates relating to recent developments encouraging developments in the Arctic region.
- The report details the exploration activities carried out by Rosneft, ExxonMobil Corporation, Statoil, Cairn Energy Plc, Royal Dutch Shell and BP PLc.
- The report also discusses the possible environmental implications of oil and gas exploration in the Arctic.
Reasons to buy
The report will enhance your decision making capability. It will enable you to -
- Develop business strategies with the help of specific insights into the oil and gas exploration activities undertaken in the Arctic by major IOCs
- Identify key drivers and challenges for exploration activities in the Arctic region
- Plan your strategies based on knowledge of operations of major companies in the Arctic region
- Keep yourself informed of the key developments in this potentially game changing market
1 Table of Contents
1 Table of Contents 3
1.1 List of Tables 4
1.2 List of Figures 4
2 Introduction 5
2.1 Overview 5
2.2 GlobalData Report Guidance 6
3 Arctic Region Holds Vast Technically Recoverable Oil and Gas Resources 7
3.1 The Arctic Region Holds Substantial Undiscovered Oil and Natural Gas Resources 8
3.2 Major Sedimentary Basins in the Arctic Region 11
3.3 Oil and gas Exploration in the Arctic: Key Drivers and Challenges 13
3.3.1 Substantial Oil and Gas Reserves and Advanced Offshore Drilling Technologies to Enable International Oil Companies to Increase Exploration Activities in Arctic Region 13
3.3.2 Shrinking Ice Cover in the Arctic to Lead to Increased Exploration and Drilling Activities 13
3.3.3 Russian Government's New Tax Approach to Strengthen Incentives for Offshore Operations 14
3.3.4 Environmental Issues May Hamper Exploration Activities 14
3.3.5 Opposition from Environmental Groups Regarding Exploration in Arctic Region 15
3.3.6 Harsh Climatic Conditions in the Arctic Affect Infrastructure Development Activities 15
3.3.7 Territorial Disputes Affect Oil and Gas Development in Arctic 16
4 Rosneft Forges Alliances With International Companies to Explore Arctic Assets 17
4.1 Exploration Activities in the Arctic Region 17
4.1.1 Exploration Activities in the Kara Sea Blocks 18
4.1.2 Exploration Activities in the Pechora Sea 18
4.2 Rosneft Co-operates with IOCs to Explore and Develop Arctic Resources and Venture into Other International Projects Operated by IOCs 19
4.2.1 Rosneft and ExxonMobil Co-operate on Exploration and Production Activities in Kara Sea and Western Siberian Basin 19
4.2.2 Rosneft and Statoil 20
4.2.3 Rosneft and ENI 21
5 ExxonMobil has Strong Presence in the US, Canada, Greenland and Russian Arctic 22
5.1 Exploration Activities in the Arctic Region 22
5.1.1 Exploration in Alaska Arctic 22
5.1.2 Exploration in Canadian Arctic 23
5.1.3 Exploration in Offshore Russia 24
5.1.4 Exploration in Greenland: Orsivik and Puilasoq 25
5.2 Exxon and Rosneft Sign Agreement to Explore Arctic oil in Kara Sea 25
6 Statoil Takes Strategic Approach to Broadening its Presence in the Arctic 26
6.1 Exploration Activities in the Arctic Region 27
6.1.1 Exploration in Canadian Arctic 27
6.1.2 Exploration in Greenland 28
6.1.3 Exploration in North American Arctic (Alaska) 28
6.1.4 Exploration in Russian Arctic 28
6.2 Major Discoveries in the Arctic 29
6.2.1 Mizzen 29
6.2.2 Havis 29
6.2.3 Skrugard 30
6.3 Statoil Forms Joint Venture with Rosneft to Carry Out Exploration Activities in Barents Sea and Okhotsk Sea 30
6.4 Statoil Forges Partnership with Gazprom to Develop Shtokman Field 31
7 Cairn Energy Focuses on Greenland Arctic Region 32
7.1 Exploration Activities in the Arctic Region 33
7.1.1 Exploration in Greenland 33
7.2 Cairn Energy Sell Equity Stakes of Greenland Licenses to Statoil 34
8 Royal Dutch Shell Among the Leading Companies Focusing on Exploration in the Arctic Region 35
8.1 Exploration Activities in the Arctic Region 36
8.1.1 Exploration in Alaska 36
8.1.2 Exploration in Canadian Arctic 36
8.1.3 Exploration in Russian Arctic 36
8.1.4 Exploration in Greenland 38
8.2 Gazprom and Royal Dutch Shell Co-operate in the Development of Sakhalin Project 39
9 BP Plc has Strong Presence in the US and Russian Arctic Regions 40
9.1 Exploration Activities in the Arctic Region 40
9.1.1 Exploration and Production in Alaskan Arctic 40
9.1.2 Exploration in Russian Arctic 43
10 Appendix 44
10.1 Abbreviations 44
10.2 Market Definitions 45
10.3 Sources 45
10.4 Methodology 46
10.4.1 Coverage 46
10.4.2 Secondary Research 47
10.4.3 Primary Research 47
10.4.4 Expert Panel Validation 47
10.5 Contact Us 47
10.6 Disclaimer 48
List of Tables
Table 1: The Arctic Region, Conventional Oil and Natural Gas Resources (Mean Estimated Undiscovered Technically Recoverable) By Province, 2012 12
Table 2: The Arctic, BP Plc, Alaska Operations, Prudhoe Bay Satellite Fields, 2012 42
List of Figures
Figure 1: The Arctic Region, Location Map, 2012 7
Figure 2: The Arctic Sea, Probability of the Presence of at Least One Undiscovered Oil And/or Gas Field with Recoverable Resources Greater than 50 MMboe 8
Figure 3: The Arctic Sea, Distribution of Undiscovered Oil and Natural Gas Resources, 2012 9
Figure 4: The Arctic Sea, Undiscovered Gas, 2012 10
Figure 5: The Arctic Sea, Undiscovered Oil, 2012 10
Figure 6: The Arctic Sea, Major Sedimentary Basins, Location Map, 2012 11
Figure 7: The Arctic, Exclusive Economic Zone, 2012 16
Figure 8: The Arctic Region, Russia, Exploration Blocks with Rosneft, 2012 17
Figure 9: The Arctic Sea, Russia, Western Siberia Basin, Location Map, 2012 20
Figure 10: The Arctic Region, ExxonMobil Operations, 2012 22
Figure 11: The Arctic Region, Sakhalin-1 Project, 2012 24
Figure 12: The Arctic Region, Assets of Statoil, 2012 26
Figure 13: The Arctic Region, Statoil, Canadian Arctic Operations, 2012 27
Figure 14: The Arctic Region, Statoil, Leases in the Alaskan Arctic, 2012 28
Figure 15: The Arctic Region, Statoil, Skrugard Discovery Location Map, 2012 29
Figure 16: The Arctic Sea, Statoil, Shtokman Project, 2012 31
Figure 17: The Arctic Region, Cairn Energy, Arctic Operations, 2012 32
Figure 18: The Arctic Region, Cairn Energy, Exploration Blocks, 2012 33
Figure 19: The Arctic Region, Royal Dutch Shell, Arctic Operations, 2012 35
Figure 20: The Arctic Region, Royal Dutch Shell, Sakhalin II Project, 2012 37
Figure 21: The Arctic Region, Royal Dutch Shell, Ormen Lange Oil and Gas Production, 2012 38
Figure 22: The Arctic Region, Royal Dutch Shell, Ormen Lange Gas Filed and Langeled Pipeline, 2012 39
Figure 23: The Arctic Region, BP Plc, Assets in Alaska, 2012 40
Figure 24: The Arctic, BP Plc, Alaska Operations, Prudhoe Bay, 2012 41
Figure 25: The Arctic Region, BP Plc, Russian Arctic, 2012 43
To order this report:
Oil_and_Gas_energy Industry: Oil and Gas Exploration in the Arctic - Vast, Technically Recoverable Oil and Gas Resources Attract International Oil Companies to Increase Presence in the Region
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