Centrica acquires asset package from Statoil in Norway's Heimdal Area
This report is currently unavailable
Report summary
Centrica has acquired part of Statoil's interests in the Norwegian Kvitebjørn, Heimdal and Valemon fields, its full interests in the Skirne-Byggve and Vale fields, plus five technical discoveries. All of the transferred assets are located in Centrica's existing core Heimdal area. The consideration is US$1,625 million, of which US$100 million is contingent on future production performance from Kvitebjørn. We value the assets at US$1,133 million (NPV10, discounted to 1 ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Kvitebjørn
- Heimdal
- Valemon
- Skirne & Byggve
- Vale
-
Technical assets
- Fulla
- Øst Frigg Gamma/Delta
- Rind/Lille Frøy
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Statoil
- Centrica
- Oil & gas pricing and assumptions
Tables and charts
This report includes 9 images and tables including:
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Wood Mackenzie NPV10 sensitivities - gross figures for Valemon and Kvitebjørn
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Centrica - capex and upstream cash flow
- Map
- Upstream assets: Table 2
What's included
This report contains:
Other reports you may be interested in
21 April 2017
Vilje
Vilje
The Vilje oil field is located to the north of Heimdal in the Northern North Sea.
$3,50001 February 2016
Vale
Vale
Vale is a small, high pressure, high temperature (HP/HT) gas/condensate field situated 15 kilometres to the northeast of Heimdal.
$2,30005 February 2018
Heimdal
Heimdal
Heimdal is now a processing hub for surrounding fields, following cessation of production from its reservoir in 2013. It has been ...
$2,300
