Asset Report
Norne Area
Report summary
The Norne Area consists of the Norne and Skuld fields. Norne is a large oil and gas field located on the Dønna Terrace in Mid Norway. The field has been developed with seven subsea templates tied back to a monohull, floating production, storage and offloading (FPSO) vessel. The first oil phase was brought onstream in 1997 as a fast-track development, with associated gas being re-injected. The Norne FPSO is used as the host processing facility for the nearby Urd, Alve and Marulk ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Licence extension awarded to 2036 in line with the Norne life extension project
- Production is in decline but new infill targets could stem decline
- Andvare and Verdande are expected to be tied into the Norne facilities
- Norne hub emissions
- Location maps
-
Participation
-
Unitisation
- Historical licensing and corporate activity
-
Unitisation
-
Geology
- Norne
- Skuld
- Well data
-
Exploration
- Norne
- Skuld
- Recent exploration
- Future exploration
-
Reserves and resources
- In place volumes
- Recovery factors
-
Production
- Norne
- Norne hub emissions
-
Development
- Key development metrics
- Norne
- Skuld
- Historical development information
- Other satellite fields
-
Infrastructure
- Oil
- Gas
-
Costs
- Capital costs - Norne
- Capital costs - Skuld
- Operating costs - Norne
- Operating costs - Skuld
- Sales contracts
- 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 46 images and tables including:
- Key facts: Table 1
- Index map
- Norne map
- Well data: Table 1
- Infrastructure: Table 1
- Participation: Table 1
- Participation: Table 2
- Geology: Table 1
- Geology: Table 2
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Norne production profile
- Skuld
- Production: Table 4
- Skuld production profile
- Development: Table 1
- Costs: Table 1
- Costs: Table 2
- Decommissioning costs - Norne
- Costs: Table 4
- Costs: Table 5
- Decommissioning costs - Skuld
- Costs: Table 7
- Costs: Table 8
- Norne cash flow (US$ million)
- 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 Present Value Price Sensitivities
- Norne cash flow (NKr million)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Skuld cash flow (US$ million)
- Economic analysis: Table 8
- Economic analysis: Table 9
- 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 PV Price Sensitivities
- Skuld cash flow (NKr million)
- Economic analysis: Table 11
- Economic analysis: Table 12
What's included
This report contains:
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