Asset Report
Snohvit Area (LNG)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Snøhvit Area is an integrated upstream, pipeline and gas liquefaction development. It is the first LNG production facility in Europe and the first north of the Arctic Circle.The first phase of the project developed the Snøhvit and Albatross fields via subsea facilities. These are tied back to a 4.1 million tonnes per annum LNG plant at Melkøya, near Hammerfest, via a multi-phase pipeline. The second phase involves the development of the Askeladd field, which has ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
-
Unitisation
- Operatorship
-
Unitisation
-
Geology
- Snøhvit
- Askeladd
- Albatross
- Well data
-
Exploration
- Askeladd
- Albatross
-
Snøhvit
- Oil zone appraisal
- Exploration in the wider Snøhvit Area
-
Reserves and resources
- Snøhvit
-
Production
- Emissions
-
Development
- Upstream development
- Decarbonisation - electrification sanctioned in December 2022
- Onshore processing and liquefaction facilities
- Project delays
- Potential for expansion
- Infrastructure
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Costs
-
Capital costs
- Cost overruns
- Ongoing and future development phases
- Costs associated with Hammerfest outage
- Operating costs
-
Capital costs
- Sales contracts
-
Fiscal and regulatory
- Historical background
- Applied Snøhvit fiscal terms
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Economic assumptions
- Standalone valuation consequences
- Transportation and regasification cost
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 27 images and tables including:
- Key facts: Table 1
- Index map
- Snøhvit Area map
- Participation: Table 1
- Well data: Table 1
- Well data: Table 2
- Well data: Table 3
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production profile
- Infrastructure: Table 1
- Geology: Table 1
- Geology: Table 2
- Costs: Table 3
- 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)
- Cash flow (NKr million)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Costs: Table 1
- Costs: Table 2
What's included
This report contains:
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