subject: Harding, United Kingdom, Commercial Asset Valuation And Forecast To 2015 - Aarkstore Enterprise [print this page] Aarkstore announce a new report "Harding, United Kingdom, Commercial Asset Valuation and Forecast to 2015 " through its vast collection of market research report.
Harding, United Kingdom, Commercial Asset Valuation and Forecast to 2015 - Harding field lies in the United Kingdom Continental Shelf (UKCS) license block 9/23b part in the northern North Sea, around 320km north east of Aberdeen. The field was discovered in February 1987. The reservoir is at a depth of approximately 1,850m below the seabed at a water depth of 110m. The field development started in November 1993. The production started by 1996.
Harding Central and South were the two pools from which the field was initially developed. After that two more pools were developed, named Harding South East and Harding North. British Petroleum (BP) is the operator and the major partner with a 70% equity stake. The remaining 30% stake is held by Maersk Oil North Sea UK Ltd. Harding produces crude oil with a 20 API. The price of Harding, UK crude oil is at par with the Brent Blend. The Harding field produced 4.46 million barrels of crude oil and 27300 mmscf of gas during 2009.
The field contains recoverable reserves approximately 226.4 million barrels of oil and 282.5 (billion cubic feet) bcf of gas. The field life of Harding is expected to be around 20 years with production ending in 2015. The field is expected to generate $1.96 billion in revenues (undiscounted) during its remaining life (starting January 1, 2010) and is expected to yield an IRR of around 20.10%.
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
