News & Media releases
Shell takes over operatorship of major European gas field
29/11/2007
On 1 December 2007 A/S Norske Shell (Shell) will assume responsibility for operations on the recently opened Ormen Lange gas field off the coast of Norway.
Until the handover Norsk Hydro led the Ormen Lange development while Shell was responsible for well delivery, subsurface and operations readiness. As field operator, Shell will manage the second phase of the field development, where additional subsea templates will be installed, more gas wells drilled and a concept for field compression developed.
Shell was awarded the operatorship of Ormen Lange by the Norwegian Ministry of Petroleum and Energy in December 1999.
The gas field was officially opened on 6 October 2007. Production will increase gradually, reaching a peak of 70 million standard cubic metres per day - enough to meet as much as 20% of Britain’s gas needs. Deliveries will probably continue for some 40 years.
David Loughman, Managing Director of Norske Shell, said: “Ormen Lange demonstrates that upstream growth opportunities continue in Europe. Shell’s strategic focus on technology, integration and scale contributed to the successful start-up ahead of schedule and on budget and shows we are delivering on our strategy of more upstream.”
Ormen Lange was developed with sea-floor installations at depths of between 850 and 1,100 metres, combined with an onshore plant at Nyhamna in Aukra local authority in Norway, for processing and exporting the gas. Following processing onshore, gas is transported 1,200 kilometres through the world’s longest subsea pipeline to Easington on the east coast of Britain.
Ormen Lange facts
Partners: | A/S Norske Shell: 17.04 per cent StatoilHydro ASA: 28.91 per cent Petoro AS: 36.48 per cent Dong E&P Norge AS: 10.34 per cent ExxonMobil Exploration & Production Norway AS: 7.23 per cent |
|---|---|
| Operator for the operational phase: | A/S Norske Shell |
| Operator for the development phase: | Norsk Hydro Produksjon AS |
| Location: | Blocks 6305/4, 5, 7 and 8, 120 kilometres north-west of the Møre coast, mid-Norway. |
| Production: | Gas and condensate |
| Reservoir: | The reservoir covers an area roughly 40 kilometres long and eight to 10 kilometres wide, around 2,700-2,900 metres below the surface of the sea. |
| Sea depth: | 850 to 1,100 metres |
Note to editors:
More information and high-resolution photographs of the Ormen Lange development can be found online at: www.shell.no/ormenlange
Contact information:
If you have any queries relating to Shell press releases please contact:
Group Media Relations
Tel: +44 (0)20 7934 3505
Email: media-relations@shell.com
Disclaimer statement
This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘probably’’, ‘‘project’’, ‘‘will’’, ‘‘seek’’, ‘‘target’’, ‘‘risks’’, ‘‘goals’’, ‘‘should’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this Report, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, project delay or advancement, approvals and cost estimates; and (m) changes in trading conditions. All forward-looking statements contained in this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of this presentation, May 4, 2006. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this document.
The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this presentation, such as “oil in place" that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575 and disclosure in our Forms 6-K file No, 1-32575, available on the SEC website www.sec.gov - opens in new window. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.

GLOBAL