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
- Key facts
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Summary and key issues
- Summary
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Key issues
- Verdande Area qualifies for Norway's temporary fiscal terms
- Appraisal and unitisation reserve changes
- Exploration opportunities add upside potential
- Location maps
- Participation
- Geology
- Well data
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Exploration
- Future drilling
- Historical drilling
- Reserves and resources
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Production
- Emissions
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Development
- Key development metrics
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Infrastructure
- Oil
- Gas
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Costs
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Operating costs
- Transportation costs
- Emissions taxes
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Operating costs
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- Verdande and Alve Nord Ost map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Verdande Area production profile
- Infrastructure: Table 1
- Capital costs
- Decommissioning costs
- Cash flow (US$ million)
- 11 more item(s)...
What's included
This report contains:
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