"SnOhvit, Norway, Commercial Asset Valuation and Forecast to 2037" Published

Aug. 31, 2010 - PRLog -- SnOhvit development is a combination of three fields- SnOhvit, Albatross and Askeladd. It is located in the Barents Sea at a distance of 140km north-west of Hammerfest sub-basin in northern Norway. It was discovered in 1981 by Statoil. The water depth of the field varies between 250 to 345m (meters).

Statoil has been the operator of SnOhvit since 2002 and holds a 33.53% equity stake. Other partners in the field are Total E&P Norge (18.4%), GDF SUEZ E&P Norge ASA (Gaz De France) (12%), Amerada Hess Norge (3.26%), RWE DEA Norge (2.81%), Petoro (30%).

The reservoir contains a very high quality condensate with low sulfur content. The average specific gravity of the condensate is 60.1deg API (American Petroleum Institute) and sulfur content is 0.019 mass%

SnOhvit produced 118.3 bcf of gas and 5.8 million barrels of condensate during 2009. The cumulative production to 2009 is 207.6 bcf of gas and 11.3 million barrels of condensate. Peak production from the field was 599.7 bcf of gas and 12.7 million barrels of condensate in 2015.

The field life of SnOhvit is expected to be around 30 years, with complete abandonment during 2037. The field is expected to generate $60.3 billion in revenues (undiscounted) during its remaining life (starting from January 1, 2010) and is expected to yield an IRR of around 7.18%.

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:
-  http://www.fastmr.com/prod/77815_snohvit_norway_commercia...

Partial Table of Contents:

1 Table of contents 2
1.1 List of Tables 4
1.2 List of Figures 4
2 Executive Summary 6
3 SnOhvit, Norway, Introduction 8
4 SnOhvit, Norway, Geology and Formation 10
5 SnOhvit, Norway, Equity Partners 12
6 SnOhvit, Norway, Gas and Liquid Reserves 12
7 SnOhvit, Norway, Key Fiscal Terms 13
7.1 Contract Type 13
7.2 Royalty 13
7.3 Fees 13
7.4 Special Petroleum Tax 13
7.5 Taxation 13
8 SnOhvit, Norway, Infrastructure 14
8.1 Upstream Infrastructure 14
8.1.1 Subsea System 14
8.1.2 Carbon Storage 14
8.2 Midstream Infrastructure 15
8.2.1 LNG Terminal 15
8.2.2 Transportation 16
9 SnOhvit, Norway, Development Plan, Investment and Expenditure 17
10 SnOhvit, Norway, Crude Oil and Natural Gas Production 20
11 SnOhvit, Norway, Economics 22
11.1 SnOhvit, Economic Assumptions 22
11.1.1 Forecast Commodity Prices 22
11.1.2 Inflation 22
11.1.3 Discount Rate and Representation of Cash Flows 22
11.1.4 Sensitivity 22
11.1.5 Access to the Economic Model 22
11.2 SnOhvit, Norway, Cash Flow Analysiss 23
11.3 SnOhvit, Norway, Remaining PV Sensitivity Analysis 24
11.3.1 Remaining NPV Sensitivity to Discount Rates 24
11.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 25
11.3.3 Remaining NPV Sensitivity to Income Tax and Production Rate 26
11.4 SnOhvit, Norway, Summary Cash Flows 27
11.5 SnOhvit, Norway, Front End Load Estimations 28
11.6 SnOhvit, Norway, Tax Liability 29
12 Appendix 30
12.1 Methodology 30
12.2 Coverage 30
12.3 Secondary Research 30
12.4 Primary Research 30
12.5 E&P Forecasts 31
12.6 Capital Costs 31
12.7 Exploration and Appraisal (E&A) Costs 31
12.8 Operating Costs 31
12.9 Expert Panel Validation 32
12.10 About GlobalData
12.11 Contact Us
12.12 Disclaimer

1.1 List of Tables

Table 1: SnOhvit, Norway, Key Valuation Metrics,  2010 7
Table 2: SnOhvit, Norway, Key Equity Partners,2010 7
Table 3: SnOhvit, Norway, Key Asset Data, 2010 8
Table 4: SnOhvit, Norway, Field Reserves, 2010 12
Table 5: SnOhvit, Norway, Exploration Wellbore(s), 2010 18
Table 6: SnOhvit, Norway, Development Wellbore(s), 2010 19
Table 7: SnOhvit, Norway, Historic Production and Forecast , 2007-2037 21

Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=7781...

About GlobalData

GlobalData is a leading provider of global business intelligence including market, competitor, product and customer information. It provides in-depth research, analysis, data and forecasts through a range of interactive online databases, reports and management briefings. GlobalData has a large team of experienced research and analysis, consulting, and marketing experts. It has a global presence, including key offices in the US, Europe and Asia. The group has over 50 years of experience of delivering market intelligence data and analysis and a highly experienced senior management team.  View more research from GlobalData at http://www.fastmr.com/catalog/publishers.aspx?pubid=1015

About Fast Market Research

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.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

# # #

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.