subject: Gja, Norway, Commercial Asset Valuation And Forecast To 2025 - Aarkstore Enterprise [print this page] Aarkstore announce a new report "Gja, Norway, Commercial Asset Valuation and Forecast to 2025 " through its vast collection of market research report.
Gja, Norway, Commercial Asset Valuation and Forecast to 2025 - Gja is an oil and gas field located in blocks 35/9 and 36/7 in the Sogn area of Norwegian part of the North Sea. The field was discovered in1989 by Norsk Hydro. Gja is currently the largest field development project on the North Seas Norwegian Continental Shelf.
Gja will be operated by two companies at different stages. StatoilHydro ASA is the operator of the field during the development phase, serving as the operator from 1989 to the third-quarter of 2010. Gaz de France Norge will assume operatorship at production start up. StatoilHydro ASA holds 20% stake in the field. Other equity partners of the field are Petoro A/S (30%), Gaz De France (30%), Royal Dutch Shell Plc (12%) and RWE Dea AG (8%).
The field reservoir contains light crude oil. Gja was discovered by discovery wellbore no. 35/9-1R. Gja has total estimated reserves of 138 million barrels of oil and NGL and 1,222.26 billion cubic feet of gas. With the development of Gja, a new part of the North Sea is being opened for oil and gas production.
Gas production from Gja is expected to start at approximately 4.8 million cubic meters per day in 2010, with peak production of 10 million cubic meters per day occurring between 2014 and 2016. Total production of 82.68 million barrels liquid is estimated to be produced until about 2025. The peak production for liquid is estimated to be achieved between 2011 and 2013 and the peak production is estimated at 11.60 million barrels.
The Gja field is being developed with a semi-submersible production platform and five sub-sea templates for processing and export. The Gja platform in the North Sea will be the first floating platform to get its electricity from the mainland instead of from on site gas turbines. A subsea cable running from the Mongstad power plant north of Bergen will supply electricity to the facility. Field development plans for Gja include the satellite fields development of the Vega and Vega South fields.
The field life of Gja is expected to be around 15 years with complete abandonment during 2025. The field is expected to generate $17.44 billion in revenues (undiscounted) during its remaining life (starting January 1, 2010) and is expected to yield an IRR of around 9.6%.
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
