Asset Report
Bestla
Report summary
Brasse is an oil and associated gas field located close to the Oseberg field in the Northern North Sea. In August 2023, the project partners agreed to develop Brasse as a two-well subsea tie-back to the OKEA operated Brage platform, 13 kilometres to the north. DNO also transferred operatorship of licence PL740, and the project, to OKEA with the aim of maximizing cost synergies with Brage and delivering a lower cost development. A final investment decision is expected in early 2024, with production targeted for 2026.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Development concepts and FID delays
- Final project cost estimate rises
- Resource downgrade but potential area upside
- Floating wind proposed to electrify Brage host facilities
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
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Production
- Emissions
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Development
- Key Development Metrics
- Drilling
- Subsea
- Facilities
- Infrastructure
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Costs
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Operating costs
- Emission taxes
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Operating costs
- Fiscal and regulatory
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Economic assumptions
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
- Global Economic Model (GEM) File
- Economic analysis
Tables and charts
This report includes 23 images and tables including:
- Key facts: Table 1
- Index Map
- Bestla Map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production Profile
- Capital costs
- Decommissioning costs
- Cash flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Economic analysis: Table 4
- Economic analysis: Table 5
- Economic analysis: Table 6
- Costs: Table 3
What's included
This report contains:
