Asset Report

Balder & Ringhorne

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The Balder and Ringhorne oil fields are in the southern part of the Viking Graben, between the Heimdal field to the north and the Sleipner fields to the south. The Balder field is comprised of several oil-bearing mound structures. The Ringhorne area includes the 25/8-10S Ringhorne, 25/8-11 Ringhorne and Forseti fields. Balder has been developed using a floating production, storage and offloading (FPSO) vessel. A fixed platform with pre-processing, drilling and accommodation facilities was ...

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Balder X delay and cost overrun
      • Balder Phase V, VI and future upside
      • Balder FPU to be removed by 2030
      • Development of near-field discoveries are being evaluated
      • Future exploration upside
      • Decarbonisation - power from shore/partial electrification is under consideration
  • Location maps
    • Unitisation
      • Historical licensing and corporate activity
  • Geology
  • Well data
    • Future activity
    • Recent exploration drilling
    • Historical exploration drilling (1967-2010)
  • Reserves and resources
    • Emissions
    • Initial development (1995-2003)
    • Ringhorne Jurassic project (2003)
    • Ringhorne development drilling (2005-2016)
    • Ringhorne Phase III (2017-2022)
    • The Balder X Project (2019-present)
    • Balder Phase V (2024)
    • Balder Phase VI (2025)
    • Oil
    • Gas
    • Capital Costs
      • Decommissioning
    • Operating costs
      • Transportation costs
      • Emissions taxes
    • Tariff receipts
  • 4 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Index map
  • Balder & Ringhorne map
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Balder & Ringhorne production profile
  • Participation: Table 1
  • Development: Table 1
  • 22 more item(s)...

What's included

This report contains:

  • Document

    Balder & Ringhorne

    PDF 5.23 MB

  • Document

    Balder & Ringhorne

    XLS 1.21 MB