Asset Report
Edvard Grieg Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Edvard Grieg oil field is 15 kilometres east of Johan Sverdrup in the Central North Sea. The field proved a new play concept in the area and further discoveries have been made nearby. A Plan for Development and Operation (PDO) was approved in June 2012. The field has been developed with a fixed platform and utilises a jack-up rig for drilling. Production started in late 2015 and the project was delivered on time and on budget.
Table of contents
- Summary
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Key Issues
- Reserves upgrades, Ivar Aasen decline and excess capacity
- Improved oil and gas recovery
- Utsira High electrification
- Near-field developments
- Historical licensing and corporate activity
- Historical activity
- In place volumes and recovery factors
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Emissions
- Initial development
- West Flank and Jorvik
- Tellus East
- Infill Drilling
- Electrification
- Capital costs
- Decommissioning costs
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Operating costs
- Transportation costs
- Emission taxes
- Cash Flow
- Fiscal terms
- Global Economic Model (GEM) file
- Cash Flow
- Cash Flow (US$ million)
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
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Reserves (2P) at 01/01/2026Production (2016-2025)Edvard Grieg Area production profile
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Capital Costs Pre-2019 to 2027 (NKr million)Capital Costs 2046 to 2049 (NKr million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price Sensitivities
- 12 more item(s)...
What's included
This report contains:
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