Asset Report

Ivar Aasen Area

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This report includes analysis on the Ivar Aasen Area and Hanz fields. The Ivar Aasen development uses a single fixed platform where oil and gas are partially processed before transportation to Edvard Grieg. Hanz has been developed as a two well subsea tie-back to the Ivar Aasen platform. Oil is exported to the Sture terminal via the Grane Oil Pipeline. Gas and NGL's are exported to the UK terminal at St. Fergus, via the new-build pipeline tied into the SAGE transport system.

Table of contents

  • Summary
    • Hanz reserves downgrade after coming onstream on time but over budget
    • IOR 26 campaign initiated to slow production decline
    • Utsira High electrification project completed
    • Ivar Aasen selected as the tie-back host for Symra
    • Unitisation
    • Field unitisation
    • Historical exploration
    • Ivar Aasen area
    • Hanz
    • Ivar Aasen
    • Platform
    • Wells
    • Hanz
    • Electrification
    • Ivar Aasen
    • Hanz
    • Ivar Aasen
    • Hanz
    • Ivar Aasen
    • Transportation costs
    • Emissions taxes
    • Hanz
    • Transportation costs
    • Emission taxes
  • Cash Flow
  • NGL Price
  • Fiscal Terms
  • Global Economic Model (GEM) file
  • Cash Flow
  • 4 more item(s)...

Tables and charts

This report includes the following images and tables:

    Cash Flow (US$)PV Table (US$)Summary Table (US$)
    Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesCash Flow (Local Currency)PV Table (Local Currency)Summary Table (Local Currency)Cash Flow (US$)PV Table (US$)
  • 33 more item(s)...

What's included

This report contains:

  • Document

    Ivar Aasen Area

    PDF 3.52 MB

  • Document

    Ivar Aasen Area

    PDF 3.52 MB