"Alve, Norway, Commercial Asset Valuation and Forecast to 2021" Published

Aug. 24, 2010 - PRLog -- Alve is located about 16km (kilometers) southwest of Norne in the Norwegian Sea. Alve is a small gas and condensate field that covers an area of 77.44km2 (square kilometers). The Alve field was discovered in 1990 in the permit 6507/3 by StatoilHydro ASA. The discovery of the Alve field in 1990 led to the discovery of the Norne oil and gas field, which came on stream in 1997.

StatoilHydro ASA has been the operator of the Alve field since its discovery. StatoilHydro ASA owns the maximum equity stake (85%) in the field. DONG E&P Norge AS is the other partner of the field with an equity stake of 15%.

Production from Alve started in March 2009. Alve produced about 1,627 thousand barrels of crude oil and 32 billion cubic feet of gas during 2009. The expected maximum gas production from the field is around four million m3 (cubic meters) of gas per day.

The field life of Alve is expected to be around seven years with complete abandonment during 2015. The field is expected to generate $2.29 billion in revenues (undiscounted) during its remaining life (starting January 1, 2010) and is expected to yield an IRR of around 25.57%.

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 country's fiscal policies impact the cash flows and the present value of the asset

For more information or to purchase this report, go to:
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Partial Table of Contents:

1 Table of contents 2
1.1 List of Tables 4
1.2 List of Figures 4
2 Alve, Norway, Introduction 5
3 Alve, Norway, Geology and Formation 6
4 Alve, Norway, Equity Partners 7
5 Alve, Norway, Crude Oil, NGL and Gas Reserves 7
6 Alve, Norway, Key Fiscal Terms 7
6.1 Contract Type 7
6.2 Royalty 7
6.3 Fees 8
6.4 Special Petroleum Tax 8
6.5 Taxation 8
7 Alve, Norway, Infrastructure 9
7.1 Upstream Infrastructure 9
7.2 Midstream Infrastructure 9
7.2.1 Pipeline 9
8 Alve, Norway, Crude Oil, NGL and Gas Production 10
9 Alve, Norway, Field Economics 13
9.1 Alve, Norway, Economic Assumptions 13
9.1.1 Forecast Commodity Prices 13
9.1.2 Inflation 13
9.1.3 Discount Rate and Representation of Cash Flows 13
9.1.4 Sensitivity 13
9.1.5 Access to the Economic Model 13
9.2 Alve, Norway, Cash Flow Analysis 14
9.3 Alve, Norway, Remaining PV Sensitivity Analysis 16
9.3.1 Remaining NPV Sensitivity to Discount Rates 16
9.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 17
9.3.3 Remaining NPV Sensitivity to Income Tax and Production Rate 18
10 Alve, Norway, Summary Cash Flows 19
10.1 Alve, Norway, Front End Load Due To Fiscal Policy 20
10.2 Alve, Norway, Tax Liability 21
11 Appendix 22
11.1 Methodology 22
11.2 Coverage 22
11.3 Secondary Research 22
11.4 Primary Research 22
11.5 E&P Forecasts 23
11.6 Capital Costs 23
11.7 Exploration and Appraisal (E&A) Costs 23
11.8 Operating Costs 23
11.9 Expert Panel Validation 24
11.10 About GlobalData
11.11 Contact Us
11.12 Disclaimer

1.1 List of Tables

Table 1: Alve, Norway, Key Asset Data, 2010 5
Table 2: Alve, Norway, Field Reserves, January 2010 7
Table 3: Alve, Norway, Development Wellbore(s), 2010 10
Table 4: Alve, Norway, Exploration Wellbore(s), 2010 10
Table 5: Alve, Norway, Historic Production and Forecast Crude Oil, NGL & Gas Production, 2009-2021 11
Table 6: Alve, Norway, Commodity Price Assumptions, 2009-2021 13
Table 7: Alve, Norway, Project Analysis Metrics, 2010 15
Table 8: Alve, Norway, Remaining PV Sensitivity Analysis Over Discount Rate Change Vs. Commodity Price Change, in Million Dollars 16

Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=7776...

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.