Asset Report
Vigdis Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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
- Summary
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Key Issues
- Development drilling likely to continue to at 2028
- Decarbonisation – Plans to electrify Snorre scrapped
- Development of the nearby Lomre discovery has taken advantage of the temporary tax terms
- Vigdis IOR project was brought onstream in 2021
- Unitisation
- Historical exploration
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Emissions
- Recent developments
- Lomre discovery
- Development drilling
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Historical development
- Development concept
- Subsidence
- Vigdis Extension
- Vigdis Nordøst
- Well control systems and lifetime extension
- Other development issues
- Vigdis IOR Project
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Capital costs
- Vigdis and Vigdis Extension
- Vigdis Nordøst
- Lomre
- Decommissioning
- Operating costs
- Cash flow
- Fiscal terms
- Global Economic Model (GEM) file
- 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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Capital Costs 2051 to 2055 (NKr million)Operating Costs 2025 to 2034 (NKr million)Cash Flow (US$)
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PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining Present Value Price SensitivitiesCash Flow (Local Currency)PV Table (Local Currency)Summary Table (Local Currency)
- 11 more item(s)...
What's included
This report contains:
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