Asset Report
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
-
Summary of commercial outlook
- Advantages:
- Challenges:
- Wells drilled
- Company activity
-
Prospective resources by play
- Jurassic shelf
- Late Cretaceous Deepwater
- Prospective resources costs and underlying development assumptions
- Prospect economics - Jurassic shelf
- Prospect economics - Late Cretaceous Deepwater
- Full cycle basin economics
- Oil and gas prices
- Licensing
- Fiscal terms
Tables and charts
This report includes 24 images and tables including:
- Exploration history map
- Drilling activity by well type
- Discoveries and success rates
- Top 10 discoveries
- Current acreage holders
- Unit value of potential discoveries
- Breakeven price of exploration
- Jurassic Shelf
- Unit value of potential discoveries
- Breakeven price of exploration
- Late Cretaceous Deepwater
- Brent and local oil price assumptions
- Henry Hub and local gas price assumptions
- Typical fiscal terms
- Exploration wells by play
- Key play characteristics
- Creaming curve
- Discoveries and success rates
- Creaming curve
- Discoveries and success rates
- Jurassic Shelf
- Late Cretaceous Deepwater
- Summary of discovery and development costs
What's included
This report contains:
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