Asset Report

Eirin

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Eirin is a gas and condensate field 8 kilometres northwest of Gina Krog in the Northern North Sea. The field was discovered in 1978 but was considered sub-commercial at the time. The plan of development was submitted in September 2023 and approved in January 2024. Production is expected to start in H2 2025. The field will be developed as two well subsea tie back to the Gina Krog platform.

Table of contents

  • Summary
    • Eirin development will extend the life of Gina Krog
    • Future proofed design for upside
    • Gina Krog will provide full electrification
    • Historical corporate activity and licensing
    • Future exploration
    • Historical exploration
    • Subsea
    • Wells
    • Modifications
    • Liquids
    • Gas
    • Decommissioning cost
  • Operating costs
  • Fiscal Terms
  • Cash Flow
  • Indicative Technical Valuations

Tables and charts

This report includes the following images and tables:

  • Operating Costs 2025 to 2034 (NKr million)
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2026
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2026)
  • Remaining PV Price Sensitivities
  • Cash Flow (Local Currency)
  • PV Table (Local Currency)
  • Summary Table (Local Currency)
  • 10 more item(s)...

What's included

This report contains:

  • Document

    Eirin

    XLS 821.50 KB

  • Document

    Eirin

    PDF 3.04 MB