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Follow on Google News | New Market Report: Gullfaks, Norway, Commercial Asset Valuation and Forecast to 2015New Energy market report from GlobalData: "Gullfaks, Norway, Commercial Asset Valuation and Forecast to 2015"
Statoil acts as the operator of the field with a 70% equity share. The field produces Gullfaks Blend crude oil which is light (37.5deg API) and low sulphur content (0.22% mass) North Sea crude oil. The field was developed from three platforms Gullfaks A, B and C with integrated processing, drilling and accommodation facilities. The Gullfaks Satellites Project consists of the Gullfaks SOr, Rimfaks, Gullveig, Gimle, Gulltopp and Skinfaks fields. The estimated recoverable reserves as of December 31, 2009 are 2.27 billion barrels of oil and 821.5 (billion cubic feet) Bcf of gas. The field life of Gullfaks is expected to be around 30 years with complete abandonment during 2015. The field is expected to generate $7.88 billion in revenues (undiscounted) 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) * 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/ Partial Table of Contents: 1 Table of contents 2 1.1 List of Tables 4 1.2 List of Figures 4 2 Gullfaks, Norway, Introduction 5 3 Gullfaks, Norway, Geology and Formations 7 4 Gullfaks, Norway, Equity Details 8 5 Gullfaks, Norway, Crude Oil Reserves 8 6 Gullfaks, Norway, Fiscal System 9 6.1 Contract Type 9 6.2 State Participation 9 6.3 Royalty 9 6.4 Fees 9 6.5 Special Petroleum Tax 9 6.6 Taxation 9 7 Gullfaks, Norway, Infrastructure 10 7.1 Platform 10 7.1.1 Gullfaks A platform 10 7.1.2 Gullfaks B platform 10 7.1.3 Gullfaks C platform 11 7.2 Pipeline 11 7.3 Tankers 11 7.4 Wells 11 8 Gullfaks, Norway, Development Plan 15 8.1 Capital and Operating costs 15 8.2 Phases of Development 15 8.3 Plans for Development 15 9 Gullfaks, Norway, Crude Oil Production 16 9.1 Full Crude Oil and Gas Production Forecasting for the Field Life from 1986 to 2015 17 10 Gullfaks, Norway, Economics 18 10.1 Gullfaks, Norway, Economic Assumptions 18 10.1.1 Forecast Commodity Prices 18 10.1.2 Inflation 18 10.1.3 Discount Rate and Representation of Cash Flows 18 10.1.4 Sensitivity 18 10.1.5 Access to the Economic Model 18 10.2 Gullfaks, Norway, Cash Flow Analysis 19 10.3 Gullfaks, Norway, Remaining PV Sensitivity Analysis 20 10.3.1 Remaining NPV Sensitivity to Discount Rates 20 10.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 21 10.3.3 Remaining NPV Sensitivity to Income Tax and Production Rate 22 11 Gullfaks, Norway, Summary Cash Flows 23 11.1 Gullfaks, Norway, Front End Load Estimations 24 11.2 Gullfaks, Norway, Tax Liability 26 12 Appendix 27 12.1 Methodology 27 12.2 Coverage 27 12.3 Secondary Research 27 12.4 Primary Research 27 12.5 E&P Forecasts 28 12.6 Capital Costs 28 12.7 Exploration and Appraisal (E&A) Costs 28 12.8 Operating Costs 28 12.9 Expert Panel Validation 29 12.10 About GlobalData 12.11 Contact Us 12.12 Disclaimer 1.1 List of Tables Table 1: Gullfaks, Norway, Key Asset Data, 2010 5 Table 2: Gullfaks, Norway, Reserves Classification, 2010 8 Table 3: Gullfaks, Norway, Exploration Wells, 2010 11 Table 4: Gullfaks, Norway, Development Wells, 2010 12 Table 5: Gullfaks, Norway, Crude Oil and Gas Production, 1986-2015 17 Full Table of Contents is available at: -- http://www.fastmr.com/ 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/ 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. End
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