Asset Report
Brage
Report summary
Brage is an oil and associated gas field located close to the Oseberg area in the Northern North Sea. The field has been developed with an integrated production, drilling and accommodation platform and utilises water injection and cyclical gas lift to aid recovery. The facilities will act as the host for the nearby Brasse field. Future investment on Brage could also include electrification through offshore wind. Oil production is transported to the Sture terminal via the Oseberg Transportation System. Some gas is used for gas lift operations and platform fuel usage, with the remainder sold and transported via the Statpipe and Norpipe systems.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
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Participation
- Licence unitisation
- Corporate activity
- Retained decommissioning liabilities
- Geology
- Well data
-
Exploration
- Historical activity
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Reserves and resources
- In place volumes
- Recovery factors
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Production
- Emissions
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Development
- Key development metrics
- Platform
- Drilling
- Secondary recovery
- Enhanced oil recovery potential
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Infrastructure
- Liquids
- Gas
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Costs
- Capital costs
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Operating Costs
- Transportation costs
- Emission taxes
- Sales contracts
- Fiscal and regulatory
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Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 27 images and tables including:
- Key facts: Table 1
- Index map
- Brage map
- Participation: Table 1
- Geology: Table 1
- Geology: Table 2
- Well data: Table 1
- Production: Table 1
- Production: Table 2
- Production profile
- Reserves and resources: Table 1
- Development: Table 1
- Costs: Table 1
- Costs: Table 2
- Decommissioning costs
- Cash Flow (US$ million)
- 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 Present Value Price Sensitivities
- Cash Flow (NKr million)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Costs: Table 4
What's included
This report contains:
