Asset Report

Skarv Satellites

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Skarv Satellites is a collection of oil and gas fields in the Voring Basin and Mid Norway. It consists of the Alve Nord, Idun Nord, Ørn and Shrek fields. These discoveries are being developed in tandem as subsea tie-backs to the Skarv FPSO. The three developments (Alve Nord, Idun Nord and Ørn) were sanctioned in December 2022 and are expected to be brought onstream in Q3 2027. Production will be processed on the Skarv FPSO. Oil from the fields will be offshore loaded and exported by shuttle tankers. Rich gas will be transported via a pipeline to the Åsgard Transportation System (ÅTS) and onwards to the Kårstø terminal.

Table of contents

  • Summary
    • Skarv and Skarv Satellites production beyond 2036
    • Alve Nord
    • Idun Nord
    • Ørn
    • Skarv Satellites decommissioning
  • Operating costs
  • Cash flow
  • Fiscal terms
  • Global Economic Model (GEM) file
  • Cash Flow
  • Global Economic Model (GEM) file
  • Global Economic Model (GEM) file
  • Global Economic Model (GEM) file

Tables and charts

This report includes the following images and tables:

  • Operating Costs 2027 to 2036 (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 PV Price Sensitivities
  • Cash Flow (Local Currency)
  • PV Table (Local Currency)
  • Summary Table (Local Currency)
  • Remaining PV Price Sensitivities (Local Currency)
  • 35 more item(s)...

What's included

This report contains:

  • Document

    Skarv Satellites

    XLS 1.67 MB

  • Document

    Skarv Satellites

    PDF 3.84 MB