Asset Report

Kjottkake

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Kjottkake is an oil and gas field located in the Norwegian Northern North Sea, around 50 kilometres south west of Gjøa. The field was discovered in 2025 and has been identified for a fast track development. The development concept will likely be a subsea tieback to the Gjoa platform via the Nova subsea infrastructure. Three wells will be drilled on the field from a 4-slot template. We assume a final investment decision will be taken in early 2027 and expect production to start in 2028.

Table of contents

  • Summary
    • Operator switch to fast-track development
    • Selection of Gjoa as host supports life extension and accelerates development
    • Norwegian costs remain high but nearby discoveries could utilise planned infrastructure
  • Future exploration
  • Historical exploration
    • Decommissioning costs
    • Operating costs
    • Cash Flow

Tables and charts

This report includes the following images and tables:

    Reserves (2P) at 01/01/2026Production (2028-2035)Production profile
    Table: Pipeline SummaryCapital Costs 2026 to 2028 (NKr million)Index mapIndex MapParticipationTable: Well DataCapital Costs 2036 to 2037 (NKr million)Operating Costs 2028 to 2035 (NKr million)Cash flow (US$ million)
  • 8 more item(s)...

What's included

This report contains:

  • Document

    Kjottkake

    PDF 2.85 MB

  • Document

    Kjottkake

    PDF 2.85 MB