Asset Report
Johan Castberg
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Johan Castberg is a large oil project located in the Barents Sea, 100 kilometres north of the Snøhvit gas fields. It consists of three separate discoveries, originally named Skrugard, Havis and Drivis. Six smaller discoveries on the Johan Castberg licence could be developed at a later stage. A PDO was initially expected to be submitted in mid-2014 based on a development concept including a semi-submersible platform and pipeline to a new-build terminal. However, in mid-2013, Equinor ...
Table of contents
- Summary
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Key Issues
- Peak production rates achieved
- First oilwas over two years behind schedule
- Cluster 1 project advances
- Upside through production performance and IOR/infill drilling
- Gas export solution delayed
- Other potential tie-ins in the area
- Recent exploration efforts have disappointed
- Electrification not considered in the initial development plan
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Emissions
- Key Development Metrics
- Cluster 1
- Development drilling (2020 - 2029)
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Capital Costs
- Cluster 1
- Decommissioning Costs
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Operating Costs
- Cluster 1
- Cash Flow
- Fiscal terms
- Global Economic Model (GEM) file
- Cash Flow
- Cash Flow (US$ million)
- Cash Flow (NKr million)
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
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Capital Costs 2017 to 2024 (NKr million)Capital Costs 2051 to 2057 (NKr million)Operating Costs 2025 to 2034 (NKr million)
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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 Revenue Distribution (Discounted at 10% from 01/01/2026)Remaining PV Price SensitivitiesCash Flow (Local Currency)
- 15 more item(s)...
What's included
This report contains:
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