Statoil presents Oil Sands Report

The report presents environmental, health and safety performance at the Leismer Demonstration Project. The CO2 intensity was reduced by around 4% in 2014, compared to 2013. The average daily oil sands production was around 16,100 barrels per day in 2014. Statoil’s total oil and gas production in 2014 was above 1.9 million barrels of oil equivalent per day.

Statoil achieved a significant reduction in total recordable injury frequency (TRIF) rates in 2014. There were no serious health, safety and environment incidents and no lost-time injuries. In 2014, we reduced our freshwater intensity to produce a barrel of bitumen.

Statoil gained full ownership of the Leismer and Corner lease areas in 2014 after dividing assets with PTT Exploration and Production (PTTEP) of Thailand. In September, Statoil decided to postpone the previously planned Corner field development with a minimum of three years.

As a consequence of the postponement of Corner, Statoil will review the environmental improvement ambitions for 2020 and 2025. Initial ambitions were based on full-field development. The delay of Corner will reduce total emissions compared to the original plan. 

Statoil entered the oil sands in Canada through a step-wise approach, with a plan to test and implement new technologies to reduce the impact on the environment. These include solvent co-injection, multi-phase flow metres and flow control devices.
The 2014 report, which is the fifth annual Oil Sands Report, is audited by an independent third party.