Asset Report
Ekofisk Area II (PL018 excl. Embla)
Report summary
The giant Ekofisk field was the first development on the Norwegian Continental Shelf (NCS). One of the largest discoveries ever made, the development of licence PL018 incorporated the Ekofisk field itself, as well as the Cod, Vest Ekofisk, Edda, Eldfisk, Embla, Tor (unitised with PL006) and Albuskjell (unitised with PL011) fields. The fields are in the southwestern corner of the NCS.In 1994, plans were approved for the redevelopment and continued operation of the Ekofisk Area - the Ekofisk ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Eldfisk Nord development
- Ekofisk will act as a tie-in point for the nearby Tommeliten Alpha discovery
- Ekofisk Wind shelved due to high costs
- Near field exploration
- Location maps
-
Participation
- Unitisation
-
Geology
- Ekofisk
- Eldfisk
- Tor
- Well data
-
Exploration
- Ekofisk
- Eldfisk
- Tor
-
Reserves and resources
- Ekofisk
- Eldfisk
- Tor
-
Production
- Tor
-
Development
- Overview
-
Recent and future phases
- Tor redevelopment (Tor II IOR) (2019-20)
- Eldfisk Nord (2020-present)
-
Historical developments
- Initial development (1960s-1970s)
- Revised PDO (1980s-1990s)
- Water injection project (1999-2000)
- Ekofisk Growth Project (2003-08)
- Greater Ekofisk Area Development (2010-18)
- Eldfisk II redevelopment (2010-15)
- Ekofisk Sør (2011-13)
- Ekofisk South IOR (2017-18)
- Platforms
-
Infrastructure
- Liquids
- Gas
-
Costs
- Capital costs
-
Operating costs
- Oil/NGL
- Gas
-
Sales contracts
- Gas
- Fiscal and regulatory
-
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 32 images and tables including:
- Key facts: Table 1
- Index map
- Ekofisk Area map
- Well data: Table 1
- Well data: Table 2
- Participation: Table 1
- Geology: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production profile
- Development: Table 2
- Development: Table 3
- Infrastructure: Table 1
- Ekofisk Area (excluding Eldfisk Nord)
- Costs: Table 2
- Eldfisk Nord
- Decommissioning costs
- Costs: Table 5
- Cash Flow (US$ million) - Ekofisk Area II (PL018 excl. Embla)
- 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) - Ekofisk II (PL018 excl. Embla)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Drilling
- Costs: Table 6
What's included
This report contains:
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