Vilje, Norway, Commercial Asset Valuation and Forecast to 2014
http://www.reportsandreports.com/market-reports/vilje-norway-commercial-asset-valuation-and-forecast-to-2014/
GlobalData
Norway Market Research
Report SummaryVilje field is located in the northern part of North Sea in Norway. The field is located in the block 25/4 on the Norwegian Continental Shelf. It is to the north of Heimdal Field and at a total reservoir depth of 7,446 feet. The field was discovered in the year 2003 with a gross oil column of about 223 feet.
Statoil Petroleum AS is the operator of the field with 28.85% equity stake. The other equity partners of the field are Marathon Oil Corporation and Total S.A. The field came operational in 2008. The estimated total recoverable reserves of the field as on December 2009 are 52.20 million barrels of oil.
Vilje field produces crude oil and associated gas. The crude is of 36.90 °API with 0.15% of sulfur content. The field produced about 9.67 million barrels of crude oil and 2,636.44 MMcf of associated gas in 2009.
The field life of Vilje is expected to be around seven years with complete estimated abandonment during 2014. The field is expected to generate $3.23 billion in revenue (undiscounted) during 2010-2014 and is expected to yield an IRR of around 32.22%.
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.
- 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 country’s fiscal policies impact the cash flows and the present value of the asset