Asset Report
Ormen Lange
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Ormen Lange is the second largest gas field in Norway after Troll. It is located in the southern part of the Norwegian Sea, 130 kilometres northwest from the onshore plant at Nyhamna. The field has been developed in phases via subsea infrastructure which is tied back to the Nyhamna onshore plant. Production started in 2007. Onshore and offshore compression has been installed to boost recovery rates from the field.
Table of contents
- Summary
-
Key Issues
- Ormen Lange Phase 3 (OLP3) onstream
- Nyhamna maintenance
- Further upside needed to maintain both export pipelines
- Exploration potential
- Ormen Lange emission intensity is one of the lowest in the world
- Unitisation
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Corporate Activity
- Historical exploration
- Emissions
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Main field development
- Drilling and subsea development
- Connection to onshore facilities
- Onshore facilities
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Compression
- Onshore compression - Phase 2
- Offshore compression - Phase 3
- Operation
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Development history
- Field development timescales
- Technical challenges in concept selection and development
- Historical development scenarios
- Capital costs
- Decommissioning costs
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Operating costs
- Transition terms
- Temporary tax terms
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
- Field characteristics
- Capital Costs Pre-2016 to 2024 (NKr million)
- Capital Costs 2049 to 2053 (NKr million)
- Operating Costs 2025 to 2034 (NKr million)
- Cash Flow (US$)
- PV Table (US$)
- Summary Table (US$)
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2026
- Remaining Present Value Price Sensitivities
- 9 more item(s)...
What's included
This report contains:
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