subject: Aarkstore Enterprise - Brage, Norway, Commercial Asset Valuation And Forecast To 2015 [print this page] Aarkstore announce a new report "Brage, Norway, Commercial Asset Valuation and Forecast to 2015" through its vast collection of market research report.
Brage, Norway, Commercial Asset Valuation and Forecast to 2015 - Brage Field is located in the northern North Sea in Norway. Brage is an oil field which lies approximately 13 kilometers to the east of Oseberg. The field reservoir is at an average depth of 140 meters below the seabed. The field is located in the block 31/4, extending into 31/7 and 30/6.
Statoil ASA is the operator of the field with 32.70% equity stake. The other equity partners of the field are Petoro A/S, Altinex ASA, Talisman Energy Inc., VNG Norge AS and Spring Energy Norway AS. Brage was discovered in 1980. The field was discovered in the well 31/4-3. The basic engineering activities began in 1990. The field came operational in 1993. Brage is expected to hold recoverable reserves of 56.6 million standard cubic meters of oil, 3.7 standard billion cubic meters of gas and 1.2 million tons of NGL as on December 2009.
Brage field produces crude oil and natural gas. The crude is of 33.70 degrees API and 0.37% of sulphur. The field produced about 10.55 million barrels of oil, 4,668.57 million cubic feet of gas and 6.764.58 barrels of equivalent of NGL in 2009.
The field life of Brage is expected to be around 23 years with complete estimated abandonment during 2014-2015. The field is expected to generate $4.09 billion in revenue (undiscounted) during 2010-2015 and is expected to yield an IRR of around 11.06%.
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
