subject: Pierce Field, United Kingdom, Commercial Asset Valuation And Forecast To 2011 - Aarkstore Enterprise [print this page] Aarkstore announce a new report "Pierce Field, United Kingdom, Commercial Asset Valuation and Forecast to 2011 " through its vast collection of market research report.
Pierce Field, United Kingdom, Commercial Asset Valuation and Forecast to 2011 - Pierce field lies in the blocks 23/22a and 23/27, 280km east of Aberdeen. The field basically comprises two regions Pierce North (formerly Medan) and Pierce South (formerly Pierce). Shell EP Offshore Ventures Limited is the operator of the field.
Pierce Field has a major equity partner Shell EP Offshore Ventures Limited with a 49.73% equity stake. The other equity partners are Enterprise Oil Limited, Nippon Oil Exploration & Production UK Limited and Summit Petroleum Limited.
Pierce field produces conventional crude oil and natural gas. The field produces the crude oil of Brent Blend quality with 38 API and sulfur content of 0.05% (by mass).
Pierce Field started production in 1999 and has produced around 14.26 million barrels of oil and 99.31 billion cubic feet of gas in the last three years. The current production (2010) of the field is estimated to be approximately 3.47 million barrels of oil and 28.49 billion cubic feet of gas.
The production life of the Pierce Field is expected to be around 12-13 years with complete abandonment during 2011. The field is expected to generate $825.88m in revenue (undiscounted) during its remaining life (starting January 1, 2010) and is expected to yield an IRR of around 23.72%.
Scope
- The report provides detailed information on oil and gas production, infrastructure, reserves, geology, operator and equity partners and the latest fiscal terms applicable to the asset and provides its fair value (Remaining Net Present Value) based on remaining reserves, forecast production, capital and operational costs, fiscal regime and commodity prices.
- The report also provides additional valuation parameters like Internal Rate of Return (IRR), Profitability Index (PI), Pay Back (discounted and undiscounted), Entitlement Production (EP) and Working Interest (WI) to enhance your decision making process.
- This report provides detailed sensitivity analysis of the remaining NPV with changes in the commodity prices, discount rate, production and key fiscal terms.
- Detailed cash flows over the life of the asset are included in the report. These cash flows cover a wide range of calculations related to various payments to the government/licensing authority.
- Interactive Excel models can be used to derive custom valuations, sensitivities and cash flows based on the specific inputs by the user in the model. These custom inputs vary from production data, cost information, price information and fiscal terms information.
Reasons to buy
- Make well informed investment decisions based on detailed operational analysis and cash flow forecasts
- Estimate the fair value of your future investment under different economic and fiscal conditions
- Value a prospective investment target through a comprehensive analysis using focused forecasting and valuation methodologies.
- Supporting interactive excel model will enhance your decision making capability in a more rapid and time sensitive manner
- Evaluate how the changes in the countrys fiscal policies impact the cash flows and the present value of the asset
