Asset Report
Solveig Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Solveig Area is made up of four segments (A, B, C and D) containing two main reservoir intervals the Outer Wedge and Synrift. They are in the Utsira High area of the Norwegian North Sea, approximately 15 kilometres south of the Edvard Grieg field. The operator submitted the Phase 1 Plan for Development and Operation (PDO) in March 2019. It covered the development of the Outer Wedge reservoir in segments B and C and a test of the Synrift reservoir in the B segment. The first phase ...
Table of contents
- Summary
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Key Issues
- Phase 2 starts production on time and within budget
- Higher facility capacity will increase production potential
- Future exploration upside
- Reservoir quality risk
- Decarbonisation - electrification
- Historical licensing and corporate activity
- Future
- Historical exploration
- In place volumes and recovery factors
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Emissions
- Phase 1
- Phase 2
- Facilities
- Liquids
- Gas
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Capital costs
- Solveig Phase I
- Solveig Phase II
- Decommissioning costs
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Operating costs
- Transportation costs
- Emission taxes
- Cash flow
- Cash Flow
- Cash flow (US$ million)
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
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Reserves (2P) at 01/01/2026Production (2016-2025)Production profile
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Pipeline summaryCapital Costs 2046 to 2047 (NKr million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price Sensitivities
- 12 more item(s)...
What's included
This report contains:
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