Asset Report
Verdande Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Verdande Area is comprised of the Verdande (previously Cape Vulture) and Alve Nord Ost oil and gas discoveries. They are seven kilometres north of the Norne development in the Norwegian Sea. Verdande was discovered in 2017 in what is thought to be a new play in the Nordland Ridge area. Alve Nord Ost was discovered in 2020. The discoveries have been unitised across the PL128, P128D and PL127C licences.The plan of development and operation was submitted in December 2022. The two fields ...
Table of contents
- Summary
-
Key Issues
- Exploration opportunities add upside potential
- Future drilling
- Historical drilling
- Emissions
- Key development metrics
- Oil
- Gas
- Capital costs
- Decommissioning costs
-
Operating costs
- Transportation costs
- Emissions taxes
- Cash Flow
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
- Reserves (2P) at 01/01/2026
- Production (2025-2034)
- Verdande Area production profile
- Pipeline summary
- Capital Costs 2022 to 2025 (NKr million)
- Capital Costs 2036 to 2038 (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
- 9 more item(s)...
What's included
This report contains:
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