Asset Report

Utgard Norway

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Utgard is a gas and condensate field, straddling the UK and Norway boundary. Equinor operates the field, which is located to the west of the Sleipner fields in Norway, and to the east of the T-Block fields in the UK. A unitisation agreement between the Norwegian and UK partners was reached in 2016. The Norwegian share of total reserves is 62%. Production started in 2019.

Table of contents

  • Summary
    • New side-track drilling to slow natural decline
    • Sissel discovery could extend Utgard life
    • Unitisation
    • Historical exploration
    • Recent and future exploration
    • Drilling
    • Hub modifications
  • Capital costs
  • Decommissioning costs
    • Transportation costs
    • Emissions taxes
  • Cash flow
  • Oil Price
  • NGL price
  • Global Economic Model (GEM) file
  • Cash Flow
  • Cash flow (US$ million)
  • 1 more item(s)...

Tables and charts

This report includes the following images and tables:

    Capital Costs Pre-2017 to 2022 (NKr million)Capital Costs 2032 to 2038 (NKr million)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)
  • 11 more item(s)...

What's included

This report contains:

  • Document

    Utgard Norway

    PDF 2.92 MB

  • Document

    Utgard Norway

    PDF 2.91 MB