subject: Aarkstore Enterprise - Goliat Field, Norway, Commercial Asset Valuation And Forecast To 2027 [print this page] Aarkstore announce a new report "Goliat Field, Norway, Commercial Asset Valuation and Forecast to 2027 " through its vast collection of market research report.
Goliat Field, Norway, Commercial Asset Valuation and Forecast to 2027 - The Goliat field is located in Block 7122/7 and 7122/8 at Barents Sea in Norway. The field is around 50 kilometers southeast of the Snohvit field and is in the sub area Finnmark West in the southwestern part of Barents Sea, Norway. Goliat is an offshore crude oil and natural gas field which is at the sea depth of 360 meters to 420 meters. The total area of the field is estimated to be 1,010 square kilometer. The field is operated by Eni Norge AS, which is also its major equity partner with65% of equity interest. Eni Norge ASis a subsidiary of Italian based company Eni S.p.A. The company operates in the oil and gas, electricity generation and sale, petrochemicals, oilfield services construction and engineering industries.
The field is owned by two equity partners; one is Eni Norge AS and other is Statoil Petroleum AS. The Statoil Petroleum AS has 35% of equity interest in the field.
The Goliat field is currently in its development stage. The development project of the field started in the last quarter of 2009. The production from field is estimated to start by the last quarter of 2013.
The Goliat field is majorly a crude oil field with small quantity of natural gas and natural gas liquids. The crude oil in the field has an API gravity ranging between 31 to 34 API.
The Goliat field is likely to go on-stream in the last quarter of 2013. The field is estimated to produce 34 million barrels of crude oil a year by the second year of production (2014). After the second year, production will decline rapidly to around 10.5 million barrels of crude oil a year.
The life of the field is expected to be around 14-15 years with complete abandonment by 2027. The field is expected to generate $18 billion in revenues (undiscounted) during its life (starting 2013) and is expected to yield an IRR of approximately 10.1%.
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 countrys fiscal policies impact the cash flows and the present value of the asset
