Asset Report
Ivar Aasen Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This report includes analysis on the Ivar Aasen Area and Hanz fields. The Ivar Aasen development uses a single fixed platform where oil and gas are partially processed before transportation to Edvard Grieg. Hanz has been developed as a two well subsea tie-back to the Ivar Aasen platform. Oil is exported to the Sture terminal via the Grane Oil Pipeline. Gas and NGL's are exported to the UK terminal at St. Fergus, via the new-build pipeline tied into the SAGE transport system.
Table of contents
- Summary
-
Key Issues
- Hanz reserves downgrade after coming onstream on time but over budget
- IOR 26 campaign initiated to slow production decline
- Utsira High electrification project completed
- Ivar Aasen selected as the tie-back host for Symra
- Unitisation
- Field unitisation
- Historical exploration
-
In place volumes and recovery factors
- Ivar Aasen area
- Hanz
-
Emissions
- Ivar Aasen
- Platform
- Wells
- Hanz
- Electrification
-
Capital costs
- Ivar Aasen
- Hanz
-
Decommissioning costs
- Ivar Aasen
- Hanz
-
Operating costs
- Ivar Aasen
- Transportation costs
- Emissions taxes
- Hanz
- Transportation costs
- Emission taxes
- Cash Flow
- NGL Price
- Fiscal Terms
- Global Economic Model (GEM) file
- Cash Flow
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
-
Cash Flow (US$)PV Table (US$)Summary Table (US$)
-
Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesCash Flow (Local Currency)PV Table (Local Currency)Summary Table (Local Currency)Cash Flow (US$)PV Table (US$)
- 33 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Symra
The Symra field was discovered in 2018, northeast of Ivar Aasen, in the Northern North Sea. Production is expected to start in Q4 2026.
$3,720
Asset Report
Karish Area Fields
The Karish Area Fields lie approximately 90 kilometres offshore Israel in ultra deepwater. The area comprises the Karish, Karish North ...
$3,720
Asset Report
Hawler Contract Area
The Hawler Contract Area, located 30 kilometres west of Erbil, contains four oil discoveries: Demir Dagh, Zey Gawra, Banan and Ain Al Safra.
$3,720
