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 comprises several oil-bearing mound structures, whilst the Ringhorne area includes the 25/8-10S Ringhorne, 25/8-11 Ringhorne and Forseti fields, as well as several of the other Balder mounds. The fields are geologically complex and have been developed via a floating production, storage and offloading (FPSO) vessel, ...

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Balder X delay and cost overrun
      • Production and drilling challenges leads to reserve downgrade
      • Balder Phase V targeted for 2025
      • Balder FPSO to be removed by 2030
      • Development of near-field discoveries are being evaluated
      • Norma discovery opens new play
      • 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
    • Overview
      • Initial development (1995-2003)
      • Ringhorne Jurassic project (2003)
      • Ringhorne development drilling (2005-2016)
      • Ringhorne Phase III (2017-2022)
      • The Balder X Project (2019-present)
    • Oil
    • Gas
    • Capital Costs
      • Decommissioning
    • Operating 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
  • Main Balder & Ringhorne field and Ringhorne III
  • 21 more item(s)...

What's included

This report contains:

  • Document

    Balder & Ringhorne

    PDF 5.24 MB

  • Document

    Balder & Ringhorne

    XLS 1.16 MB