Asset Report
Ringhorne Øst
Report summary
The Ringhorne Øst oil field is located to the north of the Balder and Grane developments. The field moved rapidly from discovery in 2003, through to Plan for Development and Operation approval in 2005 and first production in 2006. The field started producing via three extended reach wells drilled from the Ringhorne platform. Production is transported from the Ringhorne platform to the Balder FPSO for processing and export.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Riser integrity issue impacts production
- Balder X project will boost Ringhorne Øst production and extend field life
- Ringhorne Phase III due onstream in 2024
- Further gas injection and nearby exploration potential offers upside
- Decarbonisation - power from shore/partial electrification is under consideration
- Accelerated capital allowance on near-term investment
- Location maps
-
Participation
-
Unitisation
- Historical Licensing and Corporate Activity
-
Unitisation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Initial development
- Ringhorne Phase III
- The Balder X Project
-
Infrastructure
- Oil
- Gas
-
Costs
- Operating Costs
- 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 25 images and tables including:
- Key facts: Table 1
- Index map
- Ringhorne Øst map
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Capital Costs
- Costs: Table 2
- Decommissioning costs
- Participation: Table 1
- Costs: Table 4
- 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 Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Cash Flow (NKr million)
- Economic analysis: Table 5
- Economic analysis: Table 6
What's included
This report contains:
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