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Commercial is key<br />
Previously<br />
produced<br />
Easily<br />
accessible<br />
conventional<br />
Hard-to-access<br />
conventional<br />
Unconventional<br />
Oil<br />
Gas<br />
Production cost<br />
$US/bbl (2008)<br />
Production cost<br />
$US/MBtu (2008)<br />
Transport cost<br />
$US/MBtu (2008)<br />
120<br />
Arctic<br />
15<br />
Arctic<br />
Deepwater<br />
15<br />
Current<br />
oil price<br />
100<br />
80<br />
Deepwater /<br />
ultra deepwater<br />
Oil<br />
shales<br />
Gas<br />
to<br />
liqui<br />
ds<br />
Coal to<br />
liquids<br />
10<br />
10<br />
60<br />
40<br />
20<br />
Already<br />
produce<br />
d<br />
MENA<br />
Other<br />
conv.<br />
oil<br />
EO<br />
R<br />
Heavy<br />
oil,<br />
bitumen<br />
5<br />
Produced<br />
Conventional<br />
Tigh<br />
t<br />
Shale<br />
CBM<br />
Sour<br />
1000km<br />
Total LNG<br />
5<br />
Current<br />
gas<br />
price<br />
0<br />
0 1000 2000 3000 4000 5000 6000 7000 8000 9000<br />
0<br />
0 100 200 300 400 500 600 700 800 900 Pipeline<br />
0<br />
Resources (billion barrels)<br />
Resources (trillion cubic feet)<br />
LNG<br />
Note: EOR = Enhanced oil recovery; MENA = Middle East and North Africa; Gas-to-liquids and coal-to-liquids overlap to indicate the<br />
range of uncertainty surrounding these resources<br />
Source: World Energy Outlook 2008, World Energy Outlook 2009<br />
ONS 2010 - Stavanger, Norway Slide 3<br />
© 2010 <strong>Aker</strong> <strong>Solutions</strong> part of <strong>Aker</strong>
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