Asset Report
Gjøa Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Gjøa Area consists of three oil and gas fields 60 kilometres north of the Troll Øst field in the Northern North Sea. A plan for development and operation (PDO) was approved in 2007. Production from Gjøa began in 2010. The fields were developed with subsea wells drilled at five four-slot templates and tied back to a semi-submersible production platform. The facility has been partially electrified with power from shore since start-up.
Table of contents
- Summary
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Key Issues
- Gjøa production to stabilise due to LPP
- Future tiebacks will extend Gjøa's life and lower its share of operating costs
- Unitisation
- Historical licensing and corporate activity
- Recent exploration
- Historical exploration
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Emissions
- Initial development
- Gjøa P1 project
- Gjoa LPP project
- Contract awards
- Oil
- Gas
- Capital costs
- Decommissioning costs
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Operating costs
- Field costs
- Transportation costs
- Emission taxes
- Fiscal terms
- Global Economic Model (GEM) file
- 4 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)Production profile
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Pipeline summaryCapital Costs Pre-2021 to 2025 (NKr million)Capital Costs 2036 to Post-2040 (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 01/01/2026
- 12 more item(s)...
What's included
This report contains:
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