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 was the first LNG production facility constructed in Europe and the first north of the Arctic Circle. The Snøhvit, Albatross and Askeladd gas fields have been developed with subsea infrastructure and are tied back directly to a 4.1 million tonnes per annum LNG plant at Melkøya, near Hammerfest.
Table of contents
- Summary
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Key Issues
- Snøhvit Future delays and cost overruns
- Electrification project draws political challenges
- Offshore compression project to help extend production beyond 2050
- Goliat gas export project sanctioned
- Hammerfest maintenance timing
- Infill drilling and improved recovery upside
- Unitisation
- Operatorship
- Snøhvit
- Askeladd
- Albatross
- Snøhvit CCUS
- Askeladd
- Albatross
- Snøhvit
- Exploration in the wider Snøhvit Area
- 9 more item(s)...
Tables and charts
This report includes the following images and tables:
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Field characteristicsField gas contentAskeladd wells
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Albatross wellsSnøhvit wellsReserves (2P) at 01/01/2026Production (2015-2024)Production profileOperating Costs 2024 to 2033 (NKr million)Cash Flow (US$)PV Table (US$)Summary Table (US$)
- 10 more item(s)...
What's included
This report contains:
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