Asset Report
Valhall
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Valhall is a large oil field located in the southern North Sea, close to the Norwegian/Danish border. The field has undergone several phases of development since production started in 1982. There is still material resource upside. Facilities have been powered from shore since 2009. Oil from the field is transported via the Ekofisk facilities through Norpipe Oil pipeline to Teesside in the UK. Gas is transported directly to the Norpipe Gas pipeline and onwards to Emden in Germany.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- PWP reaches FID in December 2022 and takes advantage of Norway's temporary tax terms
- PWP project costs rise but Fenris will pick up most of the bill
- Infill drilling and existing facilities life extension
- Valhall will benefit from an opex share agreement with Fenris
- Valhall West Flank project onstream
- Potential reserve upside
- Potential third party revenue
- Decommissioning ongoing
- 1 more item(s)...
- Location maps
- Participation
- Geology
- Well data
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Exploration
- Future exploration
- Historical exploration
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Reserves and resources
- In-place volumes
- Reserves
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Production
- Emissions
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Development
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Platforms
- Main Field
- North and South Flank development
- Valhall Redevelopment project
- Power from shore
- Valhall West Flank
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Development drilling
- Secondary recovery
- Injection Platform
- Lower Hod
- Valhall West Flank Formation
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Ongoing developments
- Infill drilling
- PWP Project
- Permanent Seismic
- Decommissioning
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Platforms
- Infrastructure
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Costs
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Capital Costs
- Future/recent projects
- Decommissioning
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Operating costs
- Oil Tariffs
- LPG Tariffs
- Gas Tariffs
- Emissions taxes
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Capital Costs
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- Valhall map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Production: Table 1
- Production: Table 2
- Valhall production profile
- Infrastructure: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- 23 more item(s)...
What's included
This report contains:
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