Arctic economics: will a Norwegian Southeast Barents discovery be commercial?

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Report summary

There is huge anticipation for the Southeast Barents acreage being offered up as part of the Norwegian 23rd Licensing Round. The round which closes at the end of 2015 gives a chance for companies to access the formerly disputed zone bordering Russia. But what can we expect in terms of volumes and value from the Southeast Barents? We have modelled separate scenarios for oil and gas/condensate discoveries at low/mid/high reserves cases.

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