Asset Report

Cuvette

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Cuvette is an oil and gas field located in the Norwegian Northern North Sea, around 30 kilometres west of Gjøa adjacent to the Vega field. The field was discovered in 2024. The development concept will see two subsea wells drilled from the existing Vega subsea templates, reducing the need for new subsea infrastructure. We assume a final investment decision will be taken at the end of 2026 and expect production to start in 2028.

Table of contents

  • Summary
    • Optimised development will quicken delivery and reduce costs
    • Selection of Gjoa as host supports life extension
    • Capital costs
    • Decommissioning costs
    • Operating costs
    • Emissions taxes
    • Fiscal terms

Tables and charts

This report includes the following images and tables:

    Index MapCuvette mapParticipation
    Table: Well DataReserves (2P) at 01/01/2026Production (2028-2034)Production ProfileCapital Costs 2027 to 2028 (NKr million)Capital Costs 2035 to 2036 (NKr million)Operating Costs 2029 to 2034 (NKr million)Cash flow (US$ million)Cash flow PV (US$ million)
  • 7 more item(s)...

What's included

This report contains:

  • Document

    Cuvette

    XLS 714.00 KB

  • Document

    Cuvette

    PDF 2.86 MB