subject: Oseberg Sor Field, Norway, Commercial Asset Valuation And Forecast To 2018 - Aarkstore Enterprise [print this page] Aarkstore announce a new report "Oseberg Sor Field, Norway, Commercial Asset Valuation and Forecast to 2018 " through its vast collection of market research report.
Oseberg Sor Field, Norway, Commercial Asset Valuation and Forecast to 2018 - Oseberg Sor is an offshore oil and gas field, located 13km south of Oseberg field in the North Sea. The accumulation lies in the block 30/6 and 30/9. The water depth in the region is approximately 100m. The field was discovered in 1984 and came on stream in September 2000 with initial production of around nine million barrels of oil.
Statoil is the operator of the field with 49.30% stake, followed by Petoro (33.60%), Total (10%), Exxon Mobil (4.70%), and Conoco Phillips (2.40%).
The field production comes from 16 production and 14 injection wells. There are three water-production wells as well. The Oseberg Platform includes a 125m steel jacket, accommodation, processing facilities and a high performance drilling module. The API gravity of the field range from 31.10 to 39.40 and the oil viscosity is 1.36 to 1.75 centipoise (cp).
The recoverable reserves are 370 million barrels of crude oil and 416.71 billion cubic feet of natural gas as of December 2009. The total estimated investment in the field is about $2.63 billion. The oil is transported by pipeline to the Oseberg Field Centre which is then further processed and transported through Oseberg Transport System (OTS) to the Sture terminal.
The field life of Oseberg Sor is expected to be around 19 years with complete abandonment during 2018. The field is expected to generate $8.5m in revenues (undiscounted) during its remaining life (starting January 1, 2010) and is expected to yield an IRR of around 21.36%.
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
