Asset Report

Norway Voring exploration basin

Get this report

$2,800

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

11 December 2019

Norway Voring exploration basin

Report summary

The Vøring Basin is situated on the Mid Norwegian Shelf at latitudes greater than 62° north. This predominantly gas-prone hydrocarbon province extends out from the shelf to waters deeper than 2,000 metres. Much of the exploration to date has focused on the Early to Middle Jurassic sandstone sequence in the shelf area of the basin, but in recent years attention has also turned to the exploration potential of the emerging Late Cretaceous deepwater play with over half of all exploration wells coming in the last 15 years.

Table of contents

  • Wells drilled
  • Basin success rates
  • Volumes discovered
  • Prospective resource potential
    • Creaming curve and key play data
    • Model field pool size distribution
    • Existing discoveries and modelled prospective pool size distribution
    • Prospective resources costs and underlying development assumptions
  • Licensing
  • Fiscal terms
  • Oil and gas prices
  • TYP economics
  • Outlook economics
    • Jurassic Shelf
    • Late Cretaceous Deepwater
    • Jurassic Shelf
    • Late Cretaceous Deepwater
    • Expected monetary value (EMV)
    • Play economics
  • Full cycle basin economics

Tables and charts

This report includes 46 images and tables including:

  • Drilling activity by well type
  • Cumulative exploration wells by play
  • Discoveries and success rates
  • Discoveries by licence year and drilling year
  • Basin creaming curve
  • Key basin data
  • Volumes discovered by year
  • Average discovery size and volume per well by year
  • Top discoveries (TYP period)
  • Cumulative discoveries by play
  • Cumulative volumes discovered by play
  • Forecast data by play (outlook)
  • Typical fiscal terms
  • Brent and local oil price assumptions
  • Henry Hub and local gas price assumptions
  • Value creation, spend and volume discovered
  • Returns by drilling year
  • Breakeven price versus prospect size
  • Value creation versus investment
  • Full-cycle economic analysis
  • Jurassic Shelf
  • Late Cretaceous Deepwater
  • Jurassic Shelf
  • Late Cretaceous Deepwater
  • Jurassic Shelf
  • Late Cretaceous Deepwater
  • Jurassic Shelf
  • Late Cretaceous Deepwater
  • Recent discovery costs
  • Summary of discovery and development costs
  • Exploration and appraisal spend
  • Exploration spend per well and average well depth
  • Value of potential discoveries
  • Unit value of potential discoveries
  • Value of potential discoveries
  • Unit value of potential discoveries
  • Breakeven price of exploration
  • Discount rate breakeven price sensitivities
  • Breakeven price of exploration
  • Discount rate breakeven price sensitivities
  • Jurassic Shelf
  • Late Cretaceous Deepwater
  • Jurassic Shelf
  • Late Cretaceous Deepwater

What's included

This report contains:

  • Document

    Norway Voring.zip

    ZIP 2.67 MB

  • Document

    Norway Voring exploration basin

    PDF 2.04 MB

  • Document

    Norway Voring exploration basin

    ZIP 4.56 MB

Trusted by leading organisations