Asset Report
Vigdis Area
Report summary
The Vigdis area is located between Snorre and Gullfaks in the northern North Sea and includes six separate oil structures. The fields have been developed in phases using subsea templates tied back to the Snorre Tension Leg Platform (TLP). The first phase involved the development of the main Vigdis structures (Vigdis Sentral and Vigdis Vest) and was brought onstream in 1997. Production is processed on the Snorre TLP, with the crude then being transported via a pipeline to Gullfaks A for storage and offloading. Most of the associated gas is injected into the Snorre reservoir.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Development drilling to continue to at least 2025
- Development of the nearby Lomre discovery has taken advantage of the temporary tax terms
- Vigdis IOR project was brought onstream in 2021
- Location maps
-
Participation
- Unitisation
- Historic licensing and corporate activity
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Development concept
- Ongoing development
- Historical development
- Infrastructure
-
Costs
- Capital costs
- Decommissioning
- Operating costs
- Sales contracts
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 29 images and tables including:
- Key facts: Table 1
- Index map
- Vigdis Area map
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production profile
- Participation: Table 1
- Costs: Table 1
- Costs: Table 2
- Vigdis Nordøst
- Lomre
- Vigdis Area
- Lomre
- Vigdis
- Lomre
- 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)
- Remaining Present Value Price Sensitivities
- Cash flow (NKr million)
- Economic analysis: Table 5
- Economic analysis: Table 6
What's included
This report contains:
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