2 - What to report
2.1 Reporting Objects
There are three primary categories of Reporting Objects: Field, Discovery and TUF. These categories are used to structure and classify petroleum resource data in the reporting process. The table below provides formal definitions for each category.
Table 2-1 Definition of main categories
Category | Description |
Field |
One or more petroleum deposits, which together are comprised by an approved plan for development and operation (PDO) or for which exemption from the PDO requirement has been granted.
|
Discovery |
One petroleum deposit, or several petroleum deposits collectively, which have been discovered in the same wellbore and in which testing, sampling or logging has established the probability of the existence of mobile petroleum (includes both commercial and technical discovery). |
TUF |
Transportation and Utilization Facilities includes pipelines, terminals and onshore facilities. |
2.2 Projects in Objects
Each Reporting Object (field, discovery and TUF) contains one or several projects. A project in the Norwegian Offshore Directorate’s resource classification system (see section 3 below) refers to an initiative aimed at developing and producing petroleum resources. Projects are categorized based on their maturity and the level of knowledge about the petroleum volumes involved.
All recoverable petroleum volumes must be assigned to a project. A project represents the connection between a petroleum volume and the decision process, including budget allocation. A project will have a specific level of maturity regarding a decision to whether to proceed (i.e., to invest money). An additional project in a field or a mature discovery can represent development of one or more new deposits, or it can represent a specific measure to optimise production on a field.
Projects also apply to TUF. An additional project can for example be a new pipeline or a new compressor. Each project should be placed in a resource class based on its maturity.
For mutually exclusive projects (targeting the same volume), only the most probable project should be reported.
Updated: 8/30/2024