Asset Report
Fenris Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Fenris Area (previously King Lear) includes the Fenris and Julius high pressure/high temperature (HP/HT) gas condensate fields. The fields are located in the Central North Sea, approximately 20 kilometres north of Ekofisk. The fields are being developed through a joint development solution with Valhall.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Fenris reaches FID in December 2022 and takes advantage of Norwegian temporary tax terms
- New Valhall platform will host Fenris Area
- Start-up pushed back to 2027 and project costs rise
- Reservoir conditions remain challenging
- Further infill drilling acts as upside
- Pilot well was drilled to verify absence of shallow gas
- Power from shore will limit field level emissions
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Key Development Metrics
- Drilling
- Infrastructure
-
Costs
- Capital costs
- Decommissioning costs
- Operating Costs
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index Map
- Fenris Area Map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Costs: Table 1
- Costs: Table 2
- 11 more item(s)...
What's included
This report contains:
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