Asset Report
Yggdrasil
Report summary
The Yggdrasil project, formerly North of Alvheim Krafla Askja (NOAKA), is located south of Oseberg in the Northern North Sea. The area includes 14 discoveries, some of which were discovered as early as 1976. Yggdrasil is split between the Hugin (North of Alvheim), Fulla and Munin (Krafla / Askja) licenses, each with different participation interests. As a result, the commercial negotiations have been complex. However, in June 2020 the partners announced that an agreement had been confirmed ...
Why buy this report?
The NOAKA project is the largest addition to our Norwegian project pipeline in five years. It is a complex development with 15 stranded oil and gas discoveries and five different partners. This report will help you navigate the diverse types of companies involved – Majors, a Norwegian independent, an integrated company and Private Equity - understand what the development concept looks like and why operators are on opposing sides, one preferring a newer, unproven method while the other wants to play it safe.
Who can benefit from this report?
- Companies looking for acquisition opportunities
- Companies with stranded resource in the North Sea can use the NOAKA project as a blueprint for new developments
- Supply chain – this is a massive project and holds great potential for the supply chain
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
- Decarbonisation - power from shore
- Infrastructure
-
Costs
-
Operating costs
- Emissions taxes
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Operating costs
- Sales contracts
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
-
Economic analysis
- Cash flow
Tables and charts
This report includes 28 images and tables including:
- Key facts: Table 1
- Index map
- Yggdrasil map
- Participation: Table 1
- Participation: Table 2
- Participation: Table 3
- Participation: Table 4
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Yggdrasil production profile
- Capital costs
- Decommissioning costs
- Drilling
- 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 01/01/2023
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2023)
- Remaining PV Price Sensitivities
- Cash flow (NKr million)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Costs: Table 3
What's included
This report contains:
