<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0" xmlns:media="http://search.yahoo.com/mrss/" xmlns:georss="http://www.georss.org/georss">
  <channel>
    <image>
      <title>ReleaseWire</title>
      <url>http://media.releasewire.com/photos/show/?id=68004&amp;size=small</url>
      <link>http://www.releasewire.com/</link>
    </image>
    <title>rEPORTSANDrEPORTS - Latest Press Releases on ReleaseWire</title>
    <link>http://www.releasewire.com/company/reportsandreports-16649.htm</link>
    <description/>
    <language>en-us</language>
    <link xmlns="http://www.w3.org/2005/Atom" href="http://sbwire.superfeedr.com/" rel="hub"/>
    <link xmlns="http://www.w3.org/2005/Atom" href="http://feeds.releasewire.com/rss/full/company/16649" rel="self"/>
    <item>
      <title>Ringhorne Øst, Norway, Commercial Asset Valuation and Forecast to 2022 Now Available at ReportsandReports</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Dallas, TX -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 09/14/2010 --   ReportsandReports announce it will carry Ringhorne Ost, Norway, Commercial Asset Valuation and Forecast to 2022 Market Research Report in its Store.<br />
 	<br />
Browse complete Report on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/ringhorne-%C3%B8st-norway-commercial-asset-valuation-and-forecast-to/" href="http://www.reportsandreports.com/market-reports/ringhorne-%C3%B8st-norway-commercial-asset-valuation-and-forecast-to/">http://www.reportsandreports.com/market-reports/ringhorne-%C3%B8st-norway-commercial-asset-valuation-and-forecast-to/</a><br />
<br />
Ringhorne is an offshore oil and gas field located nine miles north of Balder in the northern part of the North Sea. Ringhorne platform is divided into east and west zones. Ringhorne Ost (East) is located 180km west of Karmoy. Ringhorne Ost geographically lies in the block-25/8 with a sea depth of 130m. The total area of the reserve is 54.23 sq km. The reservoir lies at the depth of approximately 1,940m. The production license numbers for the producing field 25/8 are 027 and 169.<br />
<br />
Ringhorne Ost field was discovered in August 2003. The field started its production in March 2006. ExxonMobil is the operator and has 100% ownership in the Ringhorne fields, except for Ringhorne Ost where ExxonMobil Exploration &amp; Production Norway AS&apos;s equity is 77.40%. The other Ringhorne Ost equity partners are Statoil Petroleum AS and Petoro AS. The crude oil produced from the field is of 38°API and the sulfur content is less than 0.001%. Ringhorne platform has ideally zero emissions with a flare system ignited on demand which avoids carbon dioxide emissions.<br />
<br />
Ringhorne field produced an average of 88,300 barrels of oil per day and 28 million cubic feet of natural gas per day in 2008. It produced 10.08 million barrels of oil and 1,518.77 MMcf of gas in 2009. The remaining recoverable reserves are 74 million barrels of oil and 10,263 MMcf of gas as on December 2009.v The field life of Ringhorne Ost is expected to be around 17 years with complete abandonment during 2022. The field is expected to generate $3.15 billion in revenues (undiscounted) during its remaining life (starting January 1, 2010) and is expected to yield an IRR of around 55.66%.<br />
<br />
Scope<br />
• 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.<br />
<br />
• 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.<br />
<br />
• This report provides detailed sensitivity analysis of the remaining NPV with changes in the commodity prices, discount rate, production and key fiscal terms.<br />
<br />
• 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.<br />
<br />
• 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.<br />
Reasons to buy<br />
<br />
• Make well informed investment decisions based on detailed operational analysis and cash flow forecasts<br />
<br />
• Estimate the fair value of your future investment under different economic and fiscal conditions<br />
<br />
• Value a prospective investment target through a comprehensive analysis using focused forecasting and valuation methodologies. <br />
<br />
• Supporting interactive excel model will enhance your decision making capability in a more rapid and time sensitive manner <br />
<br />
• Evaluate how the changes in the country&apos;s fiscal policies impact the cash flows and the present value of the asset<br />
Table of Contents 2<br />
<br />
1.1 List of Tables 4<br />
1.2 List of Figures 4<br />
<br />
2 Ringhorne Ost, Norway, Introduction 5<br />
<br />
3 Ringhorne Ost, Norway, Geology and Formations 6<br />
<br />
4 Ringhorne Ost, Norway, Equity Partners 7<br />
<br />
5 Ringhorne Ost, Norway, Crude Oil and Natural Gas Reserves 8<br />
<br />
6 Ringhorne Ost, Norway, Applicable Fiscal Regime 8<br />
6.1 Key Fiscal Terms 8<br />
6.1.1 Royalty 8<br />
6.1.2 Fees 8<br />
6.1.3 Special Petroleum Tax 8<br />
6.1.4 Taxation 8<br />
6.1.5 Carbon Dioxide Tax 8<br />
<br />
7 Ringhorne Ost, Norway, Infrastructure 9<br />
7.1 Upstream Infrastructure 9<br />
7.2 Midstream Infrastructure 9<br />
<br />
8 Ringhorne Ost, Norway, Field Development Plan 10<br />
<br />
9 Ringhorne Ost, Norway, Natural Gas and Crude Oil Production 11<br />
<br />
10 Ringhorne Ost, Norway, Field Economics 13<br />
10.1 Ringhorne Ost, Economic Assumptions 13<br />
10.1.1 Forecast Commodity Prices 13<br />
10.1.2 Inflation 13<br />
10.1.3 Discount Rate and Representation of Cash Flows 13<br />
10.1.4 Sensitivity 13<br />
10.1.5 Access to the Economic Model 13<br />
10.2 Ringhorne Ost, Norway, Cash Flow Analysis 14<br />
10.3 Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis 15<br />
10.3.1 Remaining NPV Sensitivity to Discount Rates 15<br />
10.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 16<br />
10.3.3 Remaining NPV Sensitivity to Income Tax and Production Rate 17<br />
<br />
11 Ringhorne Ost, Norway, Summary Cash Flows 18<br />
11.1 Ringhorne Ost, Norway, Front End Load Due To Fiscal Policy 19<br />
11.2 Ringhorne Ost, Norway, Tax Liability 20<br />
<br />
12 Appendix 21<br />
12.1 Methodology 21<br />
12.2 Coverage 21<br />
12.3 Secondary Research 21<br />
12.4 Primary Research 21<br />
12.5 E&amp;P Forecasts 22<br />
12.6 Capital Costs 22<br />
12.7 Exploration and Appraisal (E&amp;A) Costs 22<br />
12.8 Operating Costs 22<br />
12.9 Expert Panel Validation 23<br />
12.10 About GlobalData<br />
12.11 Contact Us<br />
12.12 Disclaimer<br />
<br />
1.1 List of Tables<br />
<br />
Table 1: Ringhorne Ost, Norway, Key Asset Data, 2010 5<br />
Table 2: Ringhorne Ost, Norway, Field Reserves, January 2010 8<br />
Table 3: Ringhorne Ost, Norway, Historic and Forecast Production, 2006-2022 12<br />
Table 4: Ringhorne Ost, Norway, Commodity Price Assumptions, 2010-2022 13<br />
Table 5: Ringhorne Ost, Norway, Commodity Price Assumptions, 2010-2022 13<br />
Table 6: Ringhorne Ost, Norway, Project Analysis Metrics, 2010 14<br />
Table 7: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change, Million Dollars 15<br />
Table 8: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Commodity Price Change Vs. Production Change, Million Dollars 16<br />
Table 9: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Production rates Change Vs. Changes in Special Petroleum Tax Rates, Million Dollars 17<br />
Table 10: Ringhorne Ost, Norway, Asset Summary Cash Flows, Thousand USD, 2004-2022 18<br />
Table 11: Ringhorne Ost, Norway, Front End Load, Thousand USD, 2004-2022 19<br />
Table 12: Ringhorne Ost, Norway, Tax Liability Estimations, Thousand USD, 2004-2022 20<br />
<br />
1.2 List of Figures<br />
<br />
Figure 1: Ringhorne Ost, Norway, Location Map 6<br />
Figure 2: Ringhorne Ost, Norway, Illustrative Diagram of Geology and Formation 7<br />
Figure 3: Ringhorne Ost, Norway, Current Equity Details, 2010 7<br />
Figure 4: Ringhorne, Norway, Ringhorne Platform 9<br />
Figure 5: Ringhorne Ost, Norway Midstream Pipeline flow 10<br />
Figure 6: Ringhorne Ost, Norway, Field Development 10<br />
Figure 7: Ringhorne Ost, Norway, Historic Production and Forecast, 2006-2022 11<br />
Figure 8: Ringhorne Ost, Norway, Gross Revenue Versus Tax Cash Flow Analysis 14<br />
Figure 9: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change 15<br />
Figure 10: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Commodity Price Change Vs. Production Change 16<br />
Figure 11: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Production Rate Change Vs. Changes in Special Petroleum Tax Rate, Million Dollars 17<br />
<br />
Figure 1: Ringhorne Ost, Norway, Location Map 6<br />
Figure 2: Ringhorne Ost, Norway, Illustrative Diagram of Geology and Formation 7<br />
Figure 3: Ringhorne Ost, Norway, Current Equity Details, 2010 7<br />
Figure 4: Ringhorne, Norway, Ringhorne Platform 9<br />
Figure 5: Ringhorne Ost, Norway Midstream Pipeline flow 10<br />
Figure 6: Ringhorne Ost, Norway, Field Development 10<br />
Figure 7: Ringhorne Ost, Norway, Historic Production and Forecast, 2006-2022 11<br />
Figure 8: Ringhorne Ost, Norway, Gross Revenue Versus Tax Cash Flow Analysis 14<br />
Figure 9: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change 15<br />
Figure 10: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Commodity Price Change Vs. Production Change 16<br />
Figure 11: Ringhorne Ost, Norway, Remaining PV Sensitivity Analysis Over Production Rate Change Vs. Changes in Special Petroleum Tax Rate, Million Dollars 17<br />
Browse all Energy and Power Market Research Reports on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-research/energy-and-power-supplies/" href="http://www.reportsandreports.com/market-research/energy-and-power-supplies/">http://www.reportsandreports.com/market-research/energy-and-power-supplies/</a><br />
Browse all GlobalData Market Research Reports on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/Publishers/globaldata/" href="http://www.reportsandreports.com/Publishers/globaldata/">http://www.reportsandreports.com/Publishers/globaldata/</a><br />
<br />
Browse all Latest Report on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/LatestReport.aspx" href="http://www.reportsandreports.com/LatestReport.aspx">http://www.reportsandreports.com/LatestReport.aspx</a><br />
 <br />
Related Reports:<br />
Statfjord Field, Norway, Commercial Asset Valuation and Forecast to 2022<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/" href="http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/">http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/</a><br />
<br />
Sleipner Ost Field, Norway, Commercial Asset Valuation and Forecast to 2015<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/sleipner-%C3%B8st-field-norway-commercial-asset-valuation-and-foreca/" href="http://www.reportsandreports.com/market-reports/sleipner-%C3%B8st-field-norway-commercial-asset-valuation-and-foreca/">http://www.reportsandreports.com/market-reports/sleipner-%C3%B8st-field-norway-commercial-asset-valuation-and-foreca/</a><br />
<br />
Callanish, United Kingdom, Commercial Asset Valuation and Forecast to 2022<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/callanish-united-kingdom-commercial-asset-valuation-and-forecas/" href="http://www.reportsandreports.com/market-reports/callanish-united-kingdom-commercial-asset-valuation-and-forecas/">http://www.reportsandreports.com/market-reports/callanish-united-kingdom-commercial-asset-valuation-and-forecas/</a><br />
<br />
About ReportsandReports<br />
ReportsandReports  is comprising of an online library of 20,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. <br />
Our client list boasts of almost all well-known publishers of such reports across the globe. We, as a third party reseller of market research reports employ number of marketing tools such as press releases, email-marketing and effective search engine optimization technique to drive revenues for our clients. <br />
<br />
Contact:<br />
Ms. Sunita<br />
7557 Rambler road,<br />
Suite 727, Dallas, TX 75231<br />
Tel: +1-888-989-8004<br />
Website: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsnreports.wordpress.com/" href="http://reportsnreports.wordpress.com/">http://reportsnreports.wordpress.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsandreports.blogspot.com/" href="http://reportsandreports.blogspot.com/">http://reportsandreports.blogspot.com/</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>ReportsandReports<br />ReportsandReports<br />Telephone: 888-989-8004<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/56394">Click to Email ReportsandReports</a><br />Web: <a rel="nofollow" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=56394&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 14 Sep 2010 10:00:00 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=974" medium="image"/>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Montara Development Project, Australia, Commercial Asset Valuation and Forecast to 2022 Now Available at ReportsandReports</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Dallas, TX -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 09/14/2010 --   ReportsandReports announce it will carry Montara Development Project, Australia, Commercial Asset Valuation and Forecast to 2022 Market Research Report in its Store.<br />
 	<br />
Browse complete Report on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/" href="http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/">http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/</a><br />
<br />
The Montara development project is located in the southern Timor Sea under the purview of the Australia&apos;s Northern Territory. It is situated approximately 650km west of Darwin in the Vulcan Sub-Basin region of Bonaparte Basin. It comprises four different oil fields at Montara, Skua, and Swift and Swallow oil fields. Montara oil field lies in the license area AC/L7 where as Skua, Swift and Swallow oil field lies in the license area AC/L8. The Skua oil field is located 23km north west of the Montara oil field whereas the Swift and the Swallow oil field is located at 17km north west of Montara oil field.<br />
<br />
The Montara development project is 100% owned by PTTEP Australasia Pty Ltd (PTTEP AA), a subsidiary of PTT Exploration and Production Public Limited Company (PTTEP), Thailand. Coogee Resources Limited started the first phase of development of the project in 2008 but subsequently, it was acquired by PTTEP AA in February 2009. PTTEP AA has been developing the infrastructure of this oil-based asset since then.<br />
<br />
The Montara development project constitutes the Montara oil and gas field and three other subsea development fields which have reservoirs of crude oil as commercial and saleable products. The gas produced from the project will be used for injecting into the reservoir to maintain pressure. The crude oil quality varies across the oil fields in terms of sulfur content and specific gravity of oil measured in American Petroleum Institute (API) values. The oil is light, low sulfur crude oil having a specific gravity ranging from 35.5° to 45.5°.<br />
<br />
The Montara development project is estimated to have 37 million barrels of proved plus probable (2P) reserves of crude oil during its expected life of 12 years. The project is developed under two phases with a peak production capacity of 35,000 barrels per day (bpd) and there will be ten production wells and one gas injection well drilled during the two phases.<br />
<br />
The project life of Montara development project is expected to be around 12 years with complete abandonment during 2022. The field is expected to generate $3.2 billion in revenues (undiscounted) during its entire life and is expected to yield an IRR of around 18.7%.<br />
<br />
Scope<br />
•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.<br />
<br />
• 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.<br />
<br />
• This report provides detailed sensitivity analysis of the remaining NPV with changes in the commodity prices, discount rate, production and key fiscal terms.<br />
<br />
• 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.<br />
<br />
• 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.<br />
Reasons to buy<br />
<br />
• Make well informed investment decisions based on detailed operational analysis and cash flow forecasts<br />
<br />
• Estimate the fair value of your future investment under different economic and fiscal conditions<br />
<br />
• Value a prospective investment target through a comprehensive analysis using focused forecasting and valuation methodologies.<br />
<br />
• Supporting interactive excel model will enhance your decision making capability in a more rapid and time sensitive manner<br />
<br />
• Evaluate how the changes in the country&apos;s fiscal policies impact the cash flows and the present value of the asset<br />
Table of contents <br />
<br />
1.1 List of Tables 4<br />
1.2 List of Figures 4<br />
<br />
2 Montara Development Project, Australia, Introduction 5<br />
<br />
3 Montara Development Project, Australia, Geology and Formation 6<br />
<br />
4 Montara Development Project, Australia, Equity Partners 9<br />
<br />
5 Montara Development Project, Australia, Crude Oil Reserves 9<br />
<br />
6 Montara Development Project, Australia, Key Fiscal Terms 11<br />
6.1 Governing Law 11<br />
6.2 Royalty 11<br />
6.3 Fees 11<br />
6.4 Petroleum Resource Rent Tax 11<br />
6.5 Taxation 11<br />
6.6 Deductions and Depreciation 11<br />
6.7 Withholding Tax 12<br />
6.8 Ring Fence 12<br />
<br />
7 Montara Development Project, Australia, Infrastructure 13<br />
7.1 Infrastructure Facilities 13<br />
7.1.1 Production and Drilling Facilities 13<br />
7.1.2 FPSO Montara Venture 13<br />
7.1.3 Subsea System 14<br />
<br />
8 Montara Development Project, Australia, Development Plan, Investment and Expenditure 15<br />
8.1 Development Phase One (2008-2011) 15<br />
8.2 Development Phase Two (2011-2012) 16<br />
9 Montara Development Project Australia, Light Sweet Crude Oil Production 17<br />
<br />
10 Montara Development Project, Australia, Field Economics 18<br />
10.1 Montara Development Project, Economic Assumptions 18<br />
10.1.1 Forecast Commodity Prices 18<br />
10.1.2 Inflation 18<br />
10.1.3 Discount Rate and Representation of Cash Flows 18<br />
10.1.4 Sensitivity 18<br />
10.1.5 Access to the Economic Model 18<br />
10.2 Montara Development Project, Cash Flow Analysis 19<br />
10.3 Montara Development Project, Australia, Remaining PV Sensitivity Analysis 20<br />
10.3.1 Remaining NPV Sensitivity to Discount Rates 20<br />
10.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 21<br />
10.3.3 Remaining NPV Sensitivity to Income Tax and Production Rate 22<br />
<br />
11 Montara Development Project, Australia, Summary Cash Flows 23<br />
11.1 Montara Development Project, Australia, Front End Load Due To Fiscal Policy 23<br />
11.2 Montara Development Project, Australia, Tax Liability 24<br />
<br />
12 Appendix 25<br />
12.1 Methodology 25<br />
12.2 Coverage 25<br />
12.3 Secondary Research 25<br />
12.4 Primary Research 25<br />
12.5 E&amp;P Forecasts 26<br />
12.6 Capital Costs 26<br />
12.7 Exploration and Appraisal (E&amp;A) Costs 26<br />
12.8 Operating Costs 26<br />
12.9 Expert Panel Validation 27<br />
12.10 About GlobalData<br />
12.11 Contact Us<br />
12.12 Disclaimer<br />
<br />
1.1 List of Tables<br />
<br />
Table 1: Montara Development Project, Australia, Key Asset Data, 2010 5<br />
Table 2: Montara Development Project, Australia, Chronology of Events, 2010 9<br />
Table 3: Montara Development Project, Australia, Field Reserves, 2010 10<br />
Table 4: Montara Development Project, Australia, Forecast Production, Thousand Barrels, 2011-2022 17<br />
Table 5: Montara Development Project Australia, Commodity Price Assumptions, 2011-2022 18<br />
Table 6: Montara Development Project Australia, Australia, Project Analysis Metrics, 2010 19<br />
Table 7: Montara Development Project, Australia, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change, Million Dollars, 2010 20<br />
Table 8: Montara Development Project, Australia, Remaining PV Sensitivity Analysis over Commodity Price Change Vs Production Rate, Million Dollars, 2010 21<br />
Table 9: Montara Development Project, Australia, Remaining NPV Sensitivity Analysis at 10% Discount Rate over Income Tax Change Vs Production Rate, Million Dollars , 2010 22<br />
Table 10: Montara Development Project Australia Ltd, Australia, Asset Summary Cash Flows, Thousand USD, 2008-2022 23<br />
Table 11: Montara Development Project, Australia, Front End Load, Thousand USD, 2008-2022 23<br />
Table 12: Montara Development Project, Australia, Tax Liability Estimations, Thousands USD, 2008-2022 24<br />
<br />
1.2 List of Figures<br />
<br />
Figure 1: Montara Development Project, Australia, Location Map, 2010 6<br />
Figure 2: Montara Development Project, Australia, Illustrative Diagram of Geology and Formations , 2010 7<br />
Figure 3: Montara Development Project, Australia, Illustrative Diagram of Stratigraphy of the Vulcan Sub-Basin 8<br />
Figure 4: Montara Development Project, Australia, Applicable Fees, 2010 11<br />
Figure 5: Montara Development Project, Australia, Infrastructure Map, 2010 13<br />
Figure 6: Montara Development Project, Australia, Field Development Plan , 2010 15<br />
Figure 7: Montara Development Project Australia, Australia, Production Forecast, 2011-2022 17<br />
Figure 8: Montara Development Project, Australia, Gross Revenue Versus Post Tax Cash Flows , Million Dollars, 2008-2022 19<br />
Figure 9: Montara Development Project, Australia, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change, Million Dollars, 2010 20<br />
Figure 10: Montara Development Project, Australia, Remaining PV Sensitivity Analysis over Change in Production Vs. Commodity Price Change, Million Dollars , 2010 21<br />
Figure 11: Montara Development Project, Australia, Remaining PV Sensitivity Analysis Over Income Tax Change Vs. Production Rate, Million Dollars, 2010 22<br />
Browse all Energy and Power Market Research Reports on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-research/energy-and-power-supplies/" href="http://www.reportsandreports.com/market-research/energy-and-power-supplies/">http://www.reportsandreports.com/market-research/energy-and-power-supplies/</a><br />
Browse all GlobalData Market Research Reports on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/Publishers/globaldata/" href="http://www.reportsandreports.com/Publishers/globaldata/">http://www.reportsandreports.com/Publishers/globaldata/</a><br />
<br />
Browse all Latest Report on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/LatestReport.aspx" href="http://www.reportsandreports.com/LatestReport.aspx">http://www.reportsandreports.com/LatestReport.aspx</a><br />
 <br />
Related Reports:<br />
Callanish, United Kingdom, Commercial Asset Valuation and Forecast to 2022<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/callanish-united-kingdom-commercial-asset-valuation-and-forecas/" href="http://www.reportsandreports.com/market-reports/callanish-united-kingdom-commercial-asset-valuation-and-forecas/">http://www.reportsandreports.com/market-reports/callanish-united-kingdom-commercial-asset-valuation-and-forecas/</a><br />
<br />
Ringhorne Ost, Norway, Commercial Asset Valuation and Forecast to 2022<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/ringhorne-%C3%B8st-norway-commercial-asset-valuation-and-forecast-to/" href="http://www.reportsandreports.com/market-reports/ringhorne-%C3%B8st-norway-commercial-asset-valuation-and-forecast-to/">http://www.reportsandreports.com/market-reports/ringhorne-%C3%B8st-norway-commercial-asset-valuation-and-forecast-to/</a><br />
<br />
Statfjord Field, Norway, Commercial Asset Valuation and Forecast to 2022<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/" href="http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/">http://www.reportsandreports.com/market-reports/statfjord-field-norway-commercial-asset-valuation-and-forecast-/</a><br />
<br />
About ReportsandReports<br />
ReportsandReports  is comprising of an online library of 20,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. <br />
Our client list boasts of almost all well-known publishers of such reports across the globe. We, as a third party reseller of market research reports employ number of marketing tools such as press releases, email-marketing and effective search engine optimization technique to drive revenues for our clients. <br />
<br />
Contact:<br />
Ms. Sunita<br />
7557 Rambler road,<br />
Suite 727, Dallas, TX 75231<br />
Tel: +1-888-989-8004<br />
Website: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsnreports.wordpress.com/" href="http://reportsnreports.wordpress.com/">http://reportsnreports.wordpress.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsandreports.blogspot.com/" href="http://reportsandreports.blogspot.com/">http://reportsandreports.blogspot.com/</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>ReportsandReports<br />ReportsandReports<br />Telephone: 888-989-8004<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/56364">Click to Email ReportsandReports</a><br />Web: <a rel="nofollow" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=56364&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 14 Sep 2010 09:30:00 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=974" medium="image"/>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Minerva, Australia, Commercial Asset Valuation and Forecast to 2014 Now Available at ReportsandReports</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Dallas, TX -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 09/14/2010 --   ReportsandReports announce it will carry Minerva, Australia, Commercial Asset Valuation and Forecast to 2014 Market Research Report in its Store.<br />
 	<br />
Browse complete Report on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/minerva-australia-commercial-asset-valuation-and-forecast-to-2014/" href="http://www.reportsandreports.com/market-reports/minerva-australia-commercial-asset-valuation-and-forecast-to-2014/">http://www.reportsandreports.com/market-reports/minerva-australia-commercial-asset-valuation-and-forecast-to-2014/</a><br />
<br />
The Minerva field is located in the Otway basin in Victoria. The field is situated in the VIC/L22 permit and is approximately 10 km away from Port Campbell. It is at the water depth of 60m. The field was discovered in 1993.<br />
<br />
Minerva field is jointly owned by BHP Billiton Petroleum Pvt. Ltd and Santos Ltd. BHP Billiton is the operator of the field with 90% interest.<br />
<br />
Minerva is mainly a natural gas field, but it also has small quantities of condensate. BHP Billiton estimated that the field has proved and probable reserves of the 301 bcf and 1.24 million barrels of condensate.<br />
<br />
It has produced 150.54 billion cubic feet of natural gas and 476.37 thousand barrels of condensate till 2009. According to the operator the estimated field life is till 2014.<br />
<br />
The peak production was in the year 2005 with around 38.37 billion cubic feet of natural gas and 124.39 thousand barrels of condensate.<br />
<br />
Minerva field is expected to produce $491.29 million (undiscounted) during its remaining life (starting January 1, 2010) and it is expected to yield an internal rate of return of 31.70%<br />
Scope<br />
<br />
• 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.<br />
<br />
• 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.<br />
<br />
• This report provides detailed sensitivity analysis of the remaining NPV with changes in the commodity prices, discount rate, production and key fiscal terms.<br />
<br />
• 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.<br />
<br />
• 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.<br />
<br />
• Reasons to buy<br />
<br />
• Make well informed investment decisions based on detailed operational analysis and cash flow forecasts<br />
<br />
• Estimate the fair value of your future investment under different economic and fiscal conditions<br />
<br />
• Value a prospective investment target through a comprehensive analysis using focused forecasting and valuation methodologies. <br />
<br />
• Supporting interactive excel model will enhance your decision making capability in a more rapid and time sensitive manner <br />
<br />
• Evaluate how the changes in the country&apos;s fiscal policies impact the cash flows and the present value of the asset<br />
Table of Contents 2<br />
<br />
1.1 List of Tables 3<br />
1.2 List of Figures 3<br />
<br />
2 Minerva, Australia, Introduction 4<br />
<br />
3 Minerva, Australia, Geology and Formations 6<br />
<br />
4 Minerva, Australia, Equity Partners 7<br />
<br />
5 Minerva, Australia, Crude Oil Reserves 8<br />
<br />
6 Minerva, Australia, Key Fiscal Terms 8<br />
6.1 Royalty 8<br />
6.2 Fees 8<br />
6.3 Taxation 8<br />
6.4 Petroleum Resource Rent Tax (PRT) 8<br />
6.5 Deductions and Depreciation 9<br />
6.6 Withholding Tax 9<br />
6.7 Ring Fence 9<br />
<br />
7 Minerva, Australia, Infrastructure 10<br />
7.1 Upstream Infrastructure 10<br />
7.2 Midstream Infrastructure 10<br />
<br />
8 Minerva, Australia, Development Plan 11<br />
<br />
9 Minerva, Australia, Crude Oil Production 12<br />
<br />
10 Minerva, Australia, Field Economics 15<br />
10.1 Minerva, Economic Assumptions 15<br />
10.1.1 Forecast Commodity Prices 15<br />
10.1.2 Inflation 15<br />
10.1.3 Discount Rate and Representation of Cash Flows 15<br />
10.1.4 Sensitivity 15<br />
10.1.5 Access to the Economic Model 15<br />
10.2 Minerva, Australia, Cash Flow Analysis 16<br />
10.3 Minerva, Australia, Remaining PV Sensitivity Analysis 17<br />
10.3.1 Remaining NPV Sensitivity to Discount Rates 17<br />
10.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 18<br />
10.3.3 Remaining NPV Sensitivity to Petroleum Revenue Tax and Production Rate 19<br />
<br />
11 Minerva, Australia, Summary Cash Flows 20<br />
11.1 Minerva, Australia, Front End Load Due To Fiscal Policy 21<br />
11.2 Minerva, Australia, Tax Liability 22<br />
<br />
12 Appendix 23<br />
12.1 Methodology 23<br />
12.2 Coverage 23<br />
12.3 Secondary Research 23<br />
12.4 Primary Research 23<br />
12.5 E&amp;PForecasts 24<br />
12.6 CapitalCosts 24<br />
12.7 Exploration and Appraisal (E&amp;A) Costs 24<br />
12.8 Operating Costs 24<br />
12.9 Expert Panel Validation 25<br />
12.10 About GlobalData<br />
12.11 Contact Us<br />
12.12 Disclaimer<br />
<br />
1.1 List of Tables<br />
<br />
Table 1: Minerva, Australia, Key Asset Data, 2010 4<br />
Table 2: Minerva, Australia, Field Reserves, January 2010 9<br />
Table 3: Minerva, Australia, Oil Historic and Forecast Production, Thousand Barrels, 1975-2025 15<br />
Table 4: Minerva, Australia, Commodity Price Assumptions, 2010-2025 17<br />
Table 5: Minerva, Australia, Project Analysis Metrics, 2010 18<br />
Table 6: Minerva, Australia, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change, in Million Dollars 19<br />
Table 7: Minerva, Australia, Remaining PV Sensitivity Analysis over Commodity Price Change Vs Production Rate, in Million Dollars 20<br />
Table 8: Minerva, Australia, Remaining PV Sensitivity Analysis at 10% Discount Rate over Petroleum Revene Tax Change Vs Production Rate, in Million Dollars 21<br />
Table 9: Minerva, Australia, Asset Summary Cash Flows, Thousand USD, 1971-2025 22<br />
Table 10: Minerva, Australia, Front End Load, Thousand USD, 1975-2025 23<br />
Table 11: Minerva, Australia, Tax Liability Estimations, Thousands USD,1975-2025 24<br />
<br />
1.2 List of Figures<br />
<br />
Figure 1: Minerva, Australia, Location Map 5<br />
Figure 2: Minerva, Australia, Geology Formations 7<br />
Figure 3: Minerva, Australia, Equity Details 8<br />
Figure 4: Minerva, Australia, Infrastructure Block Diagram 12<br />
Figure 5: Minerva, Australia, Historic Production and Forecast, 1975-2025 14<br />
Figure 6: Minerva, Australia, Gross Revenue Versus Tax Cash Flow Analysis, 1975-2025 18<br />
Figure 7: Minerva, Australia, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change, in Million Dollars 19<br />
Figure 8: Minerva, Australia, Remaining PV Sensitivity Analysis over Change in Production Vs. Commodity Price Change, in Million Dollars 20<br />
Figure 9: Minerva, Australia, Remaining PV Sensitivity Analysis Over Income Tax Change Vs. Production Rate, in Million Dollars 21<br />
Browse all Energy and Power Market Research Reports on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-research/energy-and-power-supplies/" href="http://www.reportsandreports.com/market-research/energy-and-power-supplies/">http://www.reportsandreports.com/market-research/energy-and-power-supplies/</a><br />
Browse all GlobalData Market Research Reports on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/Publishers/globaldata/" href="http://www.reportsandreports.com/Publishers/globaldata/">http://www.reportsandreports.com/Publishers/globaldata/</a><br />
<br />
Browse all Latest Report on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/LatestReport.aspx" href="http://www.reportsandreports.com/LatestReport.aspx">http://www.reportsandreports.com/LatestReport.aspx</a><br />
 <br />
Related Reports:<br />
Casino Field, Australia, Commercial Asset Valuation and Forecast to 2017<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/casino-field-australia-commercial-asset-valuation-and-forecast-/" href="http://www.reportsandreports.com/market-reports/casino-field-australia-commercial-asset-valuation-and-forecast-/">http://www.reportsandreports.com/market-reports/casino-field-australia-commercial-asset-valuation-and-forecast-/</a><br />
<br />
Montara Development Project, Australia, Commercial Asset Valuation and Forecast to 2022<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/montara-development-project-australia-commercial-asset-valuatio/" href="http://www.reportsandreports.com/market-reports/montara-development-project-australia-commercial-asset-valuatio/">http://www.reportsandreports.com/market-reports/montara-development-project-australia-commercial-asset-valuatio/</a><br />
<br />
Wanaea Field, Western Australia, Commercial Asset Valuation and Forecast to 2020<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/wanaea-field-western-australia-commercial-asset-valuation-and-f/" href="http://www.reportsandreports.com/market-reports/wanaea-field-western-australia-commercial-asset-valuation-and-f/">http://www.reportsandreports.com/market-reports/wanaea-field-western-australia-commercial-asset-valuation-and-f/</a><br />
<br />
About ReportsandReports<br />
ReportsandReports  is comprising of an online library of 20,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. <br />
<br />
Our client list boasts of almost all well-known publishers of such reports across the globe. We, as a third party reseller of market research reports employ number of marketing tools such as press releases, email-marketing and effective search engine optimization technique to drive revenues for our clients. <br />
<br />
Contact:<br />
Ms. Sunita<br />
7557 Rambler road,<br />
Suite 727, Dallas, TX 75231<br />
Tel: +1-888-989-8004<br />
Website: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsnreports.wordpress.com/" href="http://reportsnreports.wordpress.com/">http://reportsnreports.wordpress.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsandreports.blogspot.com/" href="http://reportsandreports.blogspot.com/">http://reportsandreports.blogspot.com/</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>ReportsandReports<br />ReportsandReports<br />Telephone: 888-989-8004<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/56363">Click to Email ReportsandReports</a><br />Web: <a rel="nofollow" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=56363&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 14 Sep 2010 09:00:00 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=974" medium="image"/>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Mikkel, Norway, Commercial Asset Valuation and Forecast to 2017 Now Available at ReportsandReports</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Dallas, TX -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 09/14/2010 --   ReportsandReports announce it will carry Mikkel, Norway, Commercial Asset Valuation and Forecast to 2017 Market Research Report in its Store.<br />
 <br />
Browse complete Report on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/mikkel-norway-commercial-asset-valuation-and-forecast-to-2017/" href="http://www.reportsandreports.com/market-reports/mikkel-norway-commercial-asset-valuation-and-forecast-to-2017/">http://www.reportsandreports.com/market-reports/mikkel-norway-commercial-asset-valuation-and-forecast-to-2017/</a><br />
<br />
Mikkel is an offshore gas field located in Halten Bank East in the Norwegian Sea at a distance of 35km south of Asgard&apos;s Midgard deposit. It is a deepwater field at a water depth of 220m. The reserves lie at depth of 2,200m.<br />
<br />
The field was discovered in 1987 and came on stream in October, 2003. The field has recoverable reserves of 777 Bcf of gas and 43 million barrels of condensate. The field is expected to have a life of 14 years and will produce till 2017.<br />
<br />
Statoil is the operator of the field with 43.97% interest. The other equity partners include ExxonMobil E &amp; P Norway, ENI Norge, and Total E &amp; P Norge.<br />
<br />
The field is developed through a subsea production facility which is tied back to Midgard seabed installations. It produced approximately 63 Bcf of gas and 3.24 million barrels of condensate in 2009. The remaining reserves as on January 1, 2010 are 402 Bcf of gas and 16 million barrels of condensate. The condensate has density of 48.9 degree API and 0.12% sulfur content. It is sold as Asgard Blend and is benchmarked to Brent Blend.<br />
<br />
The field is expected to have an Asset IRR of 46.85%.<br />
Scope<br />
<br />
• 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.<br />
<br />
• 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.<br />
<br />
• This report provides detailed sensitivity analysis of the remaining NPV with changes in the commodity prices, discount rate, production and key fiscal terms.<br />
<br />
• 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.<br />
<br />
• 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.<br />
Reasons to buy<br />
<br />
• Make well informed investment decisions based on detailed operational analysis and cash flow forecasts<br />
<br />
• Estimate the fair value of your future investment under different economic and fiscal conditions<br />
<br />
• Value a prospective investment target through a comprehensive analysis using focused forecasting and valuation methodologies.<br />
<br />
• Supporting interactive excel model will enhance your decision making capability in a more rapid and time sensitive manner<br />
<br />
• Evaluate how the changes in the country&apos;s fiscal policies impact the cash flows and the present value of the asset<br />
<br />
Table of Contents <br />
<br />
1.1 List of Tables 4<br />
1.2 List of Figures 4<br />
<br />
2 Mikkel, Norway, Introduction 5<br />
<br />
3 Mikkel, Norway, Geology and Formation 6<br />
<br />
4 Mikkel, Norway, Equity Partners 6<br />
<br />
5 Mikkel, Norway, Natural Gas and Condensate Reserves 8<br />
<br />
6 Mikkel, Norway, Key Fiscal Terms 8<br />
6.1 Royalty 8<br />
6.2 Fees 8<br />
6.3 Special Petroleum Tax 8<br />
6.4 Taxation 8<br />
6.5 Carbon Dioxide Tax 9<br />
6.6 Deductions and Depreciation 9<br />
<br />
7 Mikkel, Norway, Infrastructure 9<br />
7.1 Upstream Infrastructure 10<br />
7.2 Midstream Infrastructure 11<br />
<br />
8 Mikkel, Norway, Development Plan 12<br />
<br />
9 Mikkel, Norway, Natural Gas and Condensate Production 12<br />
<br />
10 Mikkel, Norway, Field Economics 14<br />
10.1 Mikkel, Economic Assumptions 14<br />
10.1.1 Forecast Commodity Prices 14<br />
10.1.2 Inflation 15<br />
10.1.3 Discount Rate and Representation of Cash Flows 15<br />
10.1.4 Sensitivity 15<br />
10.1.5 Access to the Economic Model 15<br />
10.2 Mikkel, Cash Flow Analysis 15<br />
10.3 Mikkel, Norway, Remaining PV Sensitivity Analysis 17<br />
10.3.1 Remaining NPV Sensitivity to Discount Rates 17<br />
10.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 18<br />
10.3.3 Remaining NPV Sensitivity to Petroleum Revenue Tax and Production Rate 19<br />
<br />
11 Mikkel, Norway, Summary Cash Flows 20<br />
11.1 Mikkel, Norway, Front End Load Due To Fiscal Policy 21<br />
11.2 Mikkel, Norway, Tax Liability 22<br />
<br />
12 Appendix 23<br />
12.1 Methodology 23<br />
12.2 Coverage 23<br />
12.3 Secondary Research 23<br />
12.4 Primary Research 23<br />
12.5 E&amp;P Forecasts 24<br />
12.6 Capital Costs 24<br />
12.7 Exploration and Appraisal (E&amp;A) Costs 24<br />
12.8 Operating Costs 25<br />
12.9 Expert Panel Validation 25<br />
12.10 About GlobalData<br />
12.11 Contact Us<br />
12.12 Disclaimer<br />
<br />
1.1 List of Tables<br />
<br />
Table 1: Mikkel, Norway, Key Asset Data, 2010 5<br />
Table 2: Mikkel, Norway, Field Reserves, January 2010 8<br />
Table 3: Mikkel, Norway, Development  Wellbores (WB) 11<br />
Table 4: Mikkel, Norway, Exploration Wellbores (WB) 12<br />
Table 5: Mikkel, Norway, Historic and Forecast Production, 2003-2017 14<br />
Table 6: Mikkel, Norway, Commodity Price Assumptions, 2010-2013 15<br />
Table 7: Mikkel, Norway, Project Analysis Metrics, 2010 16<br />
Table 8: Mikkel, Norway, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change,  in Million Dollars 17<br />
Table 9: Mikkel, Norway, Remaining PV Sensitivity Analysis over Commodity Price Change Vs Production Rate, in Million Dollars 18<br />
Table 10: Mikkel, Norway, Remaining PV Sensitivity Analysis at 10% Discount Rate over SPT Change Vs Production Rate, in Million Dollars 19<br />
Table 11: Mikkel, Norway, Asset Summary Cash Flows, Thousand Dollars, 2001-2017 20<br />
Table 12: Mikkel, Norway, Front End Load, Thousand Dollars,  2003-2017 21<br />
Table 13: Mikkel, Norway, Tax Liability Estimations, Thousands Dollars, 2003-2017 22<br />
<br />
1.2 List of Figures<br />
<br />
Figure 1: Mikkel, Norway, Location Map 6<br />
Figure 2: Mikkel, Norway, Current Equity Details, 2010 7<br />
Figure 3: Mikkel, Norway, Subsea Infrastructure 9<br />
Figure 4: Mikkel, Norway, Semisubmersible Rig- Transocean Searcher 10<br />
Figure 5: Mikkel, Norway, Natural Gas, Historic Production and Forecast, 2003-2017 12<br />
Figure 6: Mikkel, Norway, Condensate, Historic Production and Forecast, 2003-2017 13<br />
Figure 7: Mikkel, Norway, Gross Revenue Versus Tax Cash Flow Analysis, 2003-2017 15<br />
Figure 8: Mikkel, Norway, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change,  in Million Dollars 17<br />
Figure 9: Mikkel, Norway, Remaining PV Sensitivity Analysis over Change in Production Vs. Commodity Price Change, in Million Dollars 18<br />
Figure 10: Mikkel, Norway, Remaining PV Sensitivity Analysis at 10 % discount rate over SPT rate Change Vs. Production  Rate, in Million Dollars 19<br />
Browse all Energy and Power Market Research Reports on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-research/energy-and-power-supplies/" href="http://www.reportsandreports.com/market-research/energy-and-power-supplies/">http://www.reportsandreports.com/market-research/energy-and-power-supplies/</a><br />
Browse all GlobalData Market Research Reports on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/Publishers/globaldata/" href="http://www.reportsandreports.com/Publishers/globaldata/">http://www.reportsandreports.com/Publishers/globaldata/</a><br />
<br />
Browse all Latest Report on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/LatestReport.aspx" href="http://www.reportsandreports.com/LatestReport.aspx">http://www.reportsandreports.com/LatestReport.aspx</a><br />
 <br />
Related Reports:<br />
Fram, Norway, Commercial Asset Valuation and Forecast to 2017<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/fram-norway-commercial-asset-valuation-and-forecast-to-2017/" href="http://www.reportsandreports.com/market-reports/fram-norway-commercial-asset-valuation-and-forecast-to-2017/">http://www.reportsandreports.com/market-reports/fram-norway-commercial-asset-valuation-and-forecast-to-2017/</a><br />
<br />
Amal Oil Field (Redevelopment), Libya, Commercial Asset Valuation and Forecast to<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/amal-oil-field-redevelopment-libya-commercial-asset-valuation/" href="http://www.reportsandreports.com/market-reports/amal-oil-field-redevelopment-libya-commercial-asset-valuation/">http://www.reportsandreports.com/market-reports/amal-oil-field-redevelopment-libya-commercial-asset-valuation/</a><br />
<br />
Casino Field, Australia, Commercial Asset Valuation and Forecast to 2017<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/casino-field-australia-commercial-asset-valuation-and-forecast-/" href="http://www.reportsandreports.com/market-reports/casino-field-australia-commercial-asset-valuation-and-forecast-/">http://www.reportsandreports.com/market-reports/casino-field-australia-commercial-asset-valuation-and-forecast-/</a><br />
<br />
About ReportsandReports<br />
ReportsandReports is comprising of an online library of 20,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. <br />
Our client list boasts of almost all well-known publishers of such reports across the globe. We, as a third party reseller of market research reports employ number of marketing tools such as press releases, email-marketing and effective search engine optimization technique to drive revenues for our clients. <br />
<br />
Contact:<br />
Ms. Sunita<br />
7557 Rambler road,<br />
Suite 727, Dallas, TX 75231<br />
Tel: +1-888-989-8004<br />
Website: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsnreports.wordpress.com/" href="http://reportsnreports.wordpress.com/">http://reportsnreports.wordpress.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsandreports.blogspot.com/" href="http://reportsandreports.blogspot.com/">http://reportsandreports.blogspot.com/</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>ReportsandReports<br />ReportsandReports<br />Telephone: 888-989-8004<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/56362">Click to Email ReportsandReports</a><br />Web: <a rel="nofollow" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=56362&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 14 Sep 2010 08:33:13 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=974" medium="image"/>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Sigyn Field, Norway, Commercial Asset Valuation and Forecast to 2016 Now Available at ReportsandReports</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Dallas, TX -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 09/13/2010 --   ReportsandReports announce it will carry Sigyn Field, Norway, Commercial Asset Valuation and Forecast to 2016 Market Research Report in its Store.<br />
 	<br />
Browse complete Report on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/sigyn-field-norway-commercial-asset-valuation-and-forecast-to-2/" href="http://www.reportsandreports.com/market-reports/sigyn-field-norway-commercial-asset-valuation-and-forecast-to-2/">http://www.reportsandreports.com/market-reports/sigyn-field-norway-commercial-asset-valuation-and-forecast-to-2/</a><br />
The Sigyn field is located in the Sleipner area in the block 16/7 in the middle of the Norwegian North Sea. The field is located 12km south-east of the Sleipner East. The sea depth is around 70m. The original area of the Sigyn field was around 543.17 sq km in 1982, while the current area is around 40 sq km. Currently, it possesses the area of about 39.94 sq km. The field comprises the Sigyn Vest which contains natural gas and condensate and Sigyn Ost which contains light oil. ExxonMobil Exploration and Production Norway AS is the operator of the field.<br />
<br />
ExxonMobil Exploration and Production Norway AS holds 40.00% equity stake in the field. The other equity partner in the field is Statoil Petroleum AS.<br />
The Sigyn field produces natural gas, NGL and condensate. The field produces the light condensate of Brent Blend quality with 55.8o API and sulfur content of 0.02% (by mass).<br />
Sigyn field started production in 2003 and has produced around 58.81 billion cubic feet of natural gas, 7.25 million barrels of NGL and 9.92 million barrels of condensate in the last three years. The current production (2010) of the field is estimated to be approximately 12.71 billion cubic feet of natural gas and 1.14 million barrels of NGL.<br />
The production life of the Sigyn field is expected to be around 13-14 years with complete abandonment during 2016. The field is expected to generate $917.77m in revenue (undiscounted) during its remaining life (starting January 1, 2010) and is expected to yield an IRR of around 22.83%.<br />
<br />
Scope<br />
• 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.<br />
• 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.<br />
• This report provides detailed sensitivity analysis of the remaining NPV with changes in the commodity prices, discount rate, production and key fiscal terms.<br />
• 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.<br />
• 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.<br />
<br />
Reasons to buy<br />
• Make well informed investment decisions based on detailed operational analysis and cash flow forecasts<br />
• Estimate the fair value of your future investment under different economic and fiscal conditions<br />
• Value a prospective investment target through a comprehensive analysis using focused forecasting and valuation methodologies. <br />
• Supporting interactive excel model will enhance your decision making capability in a more rapid and time sensitive manner <br />
• Evaluate how the changes in the country&apos;s fiscal policies impact the cash flows and the present value of the asset<br />
Table of contents 2<br />
<br />
1.1 List of Tables 3<br />
1.2 List of Figures 4<br />
<br />
2 Sigyn Field, Norway, Introduction 5<br />
<br />
3 Sigyn Field, Norway, Geology and Formation 6<br />
<br />
4 Sigyn Field, Norway, Equity Partners 7<br />
<br />
5 Sigyn Field, Norway, Natural Gas, NGL and Condensate Reserves 8<br />
<br />
6 Sigyn Field, Norway, Key Fiscal System 8<br />
6.1 Key Fiscal Terms 8<br />
6.1.1 Contract Type 8<br />
6.1.2 Royalty 8<br />
6.1.3 Bonuses 8<br />
6.1.4 Rentals 8<br />
6.1.5 Fees 9<br />
6.1.6 Taxation 9<br />
6.1.7 Petroleum Revenue Tax (PRT) 9<br />
6.1.8 Deductions 9<br />
6.1.9 Capital Allowance 9<br />
6.1.10 Ring Fence 9<br />
<br />
7 Sigyn Field, Norway, Infrastructure 10<br />
7.1 Upstream Infrastructure 10<br />
7.1.1 Wells 10<br />
7.2 Midstream Infrastructure 10<br />
7.2.1 Flowlines 10<br />
<br />
8 Sigyn Field, Norway, Development Plan, Investment and Expenditure 12<br />
8.1 Phase One (1982-1983) 12<br />
8.2 Phase Two (1997-1998) 12<br />
8.3 Phase Three (2001-2002) 12<br />
8.4 Phase Four (2002-2003) 12<br />
<br />
9 Sigyn Field, Norway, Natural Gas Production, NGL Production and Condensate Production 12<br />
<br />
10 Sigyn Field, Norway, Field Economics 16<br />
10.1 Sigyn Field, Norway, Economic Assumptions 16<br />
10.1.1 Forecast Commodity Prices 16<br />
10.1.2 Inflation 16<br />
10.1.3 Discount Rate and Representation of Cash Flows 16<br />
10.1.4 Sensitivity 16<br />
10.1.5 Access to the Economic Model 16<br />
10.2 Sigyn Field, Norway, Cash Flow Analysis 16<br />
10.3 Sigyn Field, Norway, Remaining PV Sensitivity Analysis 17<br />
10.3.1 Remaining NPV Sensitivity to Discount Rates 17<br />
10.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 18<br />
10.3.3 Remaining NPV Sensitivity to Income Tax and Production Rate 19<br />
<br />
11 Sigyn Field, Norway, Summary Cash Flows 20<br />
11.1 Sigyn Field, Norway, Front End Load Due To Fiscal Policy 22<br />
11.2 Sigyn Field, Norway, Tax Liability 23<br />
<br />
12 Appendix 25<br />
12.1 Methodology 25<br />
12.2 Coverage 25<br />
12.3 Secondary Research 25<br />
12.4 Primary Research 25<br />
12.5 E&amp;P Forecasts 26<br />
12.6 Capital Costs 26<br />
12.7 Exploration and Appraisal (E&amp;A) Costs 26<br />
12.8 Operating Costs 26<br />
12.9 Expert Panel Validation 27<br />
12.10 About GlobalData<br />
12.11 Contact Us<br />
12.12 Disclaimer<br />
<br />
1.1 List of Tables<br />
<br />
Table 1: Sigyn Field, Norway, Key Asset Data, 2010 5<br />
Table 2: Sigyn Field, Norway, Natural Gas Production, 2003-2014 11<br />
Table 3: Sigyn Field, Norway, NGL Production, 2003-2016 12<br />
Table 4: Sigyn Field, Norway, Condensate Production, 2003-2009 14<br />
Table 5: Sigyn Field, Norway, Commodity Price Assumptions, 2010-2016 14<br />
Table 6: Sigyn Field, Norway, Project Analysis Metrics, 2010 15<br />
Table 7: Sigyn Field, Norway, Remaining PV Sensitivity Analysis over Discount Rate Vs. Commodity Price Change, in Million Dollars 16<br />
Table 8: Sigyn Field, Norway, Remaining PV Sensitivity Analysis over Commodity Price Change Vs Production Rate, in Million Dollars 17<br />
Table 9: Sigyn Field, Norway, Remaining PV Sensitivity Analysis at 10% Discount Rate over Income Tax Change Vs Production Rate, in Million Dollars 18<br />
Table 10: Sigyn Field, Norway, Asset Summary Cash Flows, Thousand USD, 2001-2016 19<br />
Table 11: Sigyn Field, Norway, Front End Load, Thousand USD, 2001-2016 20<br />
Table 12: Sigyn Field, Norway, Tax Liability Estimations, Thousand USD, 2001-2016 21<br />
<br />
1.2 List of Figures<br />
<br />
Figure 1: Sigyn Field, Norway, Location Map 6<br />
Figure 2: Sigyn Field, Norway, Illustrative Diagram of Geology and Formation 7<br />
Figure 3: Sigyn Field, Norway, Current Equity Details, 2010 7<br />
Figure 4: Sigyn Field, Norway, Illustrative Diagram of Sleipner A housing the reception facilities 10<br />
Figure 5: Sigyn Field, Norway, Infrastructure Diagram 11<br />
Figure 6: Sigyn Field, Norway, Historic Natural Gas Production and Forecast, 2003-2014 12<br />
Figure 7: Sigyn Field, Norway, Historic NGL Production and Forecast, 2003-2016 14<br />
Figure 8: Sigyn Field, Norway, Historic Condensate Production and Forecast, 2003-2009 15<br />
Figure 9: Sigyn Field, Norway, Gross Revenue Versus Post Tax Cash Flow Analysis, 2001-2016 16<br />
Figure 10: Sigyn Field, Norway, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change 18<br />
Figure 11: Sigyn Field, Norway, Remaining PV Sensitivity Analysis over Change in Production Vs. Commodity Price Change, in Million Dollars 18<br />
Figure 12: Sigyn Field, Norway, Remaining PV Sensitivity Analysis Over Income Tax Change Vs. Production Rate, in Million Dollars 19<br />
Browse all Energy and Power Market Research Reports on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-research/energy-and-power-supplies/" href="http://www.reportsandreports.com/market-research/energy-and-power-supplies/">http://www.reportsandreports.com/market-research/energy-and-power-supplies/</a><br />
Browse all GlobalData Market Research Reports on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/Publishers/globaldata/" href="http://www.reportsandreports.com/Publishers/globaldata/">http://www.reportsandreports.com/Publishers/globaldata/</a><br />
<br />
Browse all Latest Report on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/LatestReport.aspx" href="http://www.reportsandreports.com/LatestReport.aspx">http://www.reportsandreports.com/LatestReport.aspx</a><br />
 <br />
Related Reports:<br />
Njord Field, Norway, Commercial Asset Valuation and Forecast to 2016<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/njord-field-norway-commercial-asset-valuation-and-forecast-to-2/" href="http://www.reportsandreports.com/market-reports/njord-field-norway-commercial-asset-valuation-and-forecast-to-2/">http://www.reportsandreports.com/market-reports/njord-field-norway-commercial-asset-valuation-and-forecast-to-2/</a><br />
<br />
Captain field, United Kingdom, Commercial Asset Valuation and Forecast to 2016<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/captain-field-united-kingdom-commercial-asset-valuation-and-for/" href="http://www.reportsandreports.com/market-reports/captain-field-united-kingdom-commercial-asset-valuation-and-for/">http://www.reportsandreports.com/market-reports/captain-field-united-kingdom-commercial-asset-valuation-and-for/</a><br />
<br />
Waha Oil Field (Redevelopment), Libya, Commercial Asset Valuation and Forecast to 2016<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/waha-oil-field-redevelopment-libya-commercial-asset-valuation/" href="http://www.reportsandreports.com/market-reports/waha-oil-field-redevelopment-libya-commercial-asset-valuation/">http://www.reportsandreports.com/market-reports/waha-oil-field-redevelopment-libya-commercial-asset-valuation/</a><br />
<br />
About Us:<br />
ReportsandReports  is comprising of an online library of 20,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. <br />
Our client list boasts of almost all well-known publishers of such reports across the globe. We, as a third party reseller of market research reports employ number of marketing tools such as press releases, email-marketing and effective search engine optimization technique to drive revenues for our clients. <br />
<br />
Contact:<br />
Ms. Sunita<br />
7557 Rambler road,<br />
Suite 727, Dallas, TX 75231<br />
Tel: +1-888-989-8004<br />
Website: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsnreports.wordpress.com/" href="http://reportsnreports.wordpress.com/">http://reportsnreports.wordpress.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsandreports.blogspot.com/" href="http://reportsandreports.blogspot.com/">http://reportsandreports.blogspot.com/</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Ms.Sunita<br />rEPORTSANDrEPORTS<br />Telephone: 888-989-8004<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/56392">Click to Email Ms.Sunita</a><br />Web: <a rel="nofollow" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=56392&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 13 Sep 2010 08:00:00 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=974" medium="image"/>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Schiehallion Field, United Kingdom, Commercial Asset Valuation and Forecast to 2017 Now Available at ReportsandReports</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Dallas, TX -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 09/13/2010 --   ReportsandReports announce it will carry Schiehallion field, United Kingdom, Commercial Asset Valuation and Forecast to 2017  Market Research Report in its Store.<br />
 	<br />
Browse complete Report on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/schiehallion-field-united-kingdom-commercial-asset-valuation-an/" href="http://www.reportsandreports.com/market-reports/schiehallion-field-united-kingdom-commercial-asset-valuation-an/">http://www.reportsandreports.com/market-reports/schiehallion-field-united-kingdom-commercial-asset-valuation-an/</a><br />
<br />
The Schiehallion oilfield is a deepwater offshore oil field located 175 Kilometers west of the Shetland Islands in North Atlantic Ocean. BP Exploration Limited is the operator of the field. The field was discovered in 1993. The field lies in the blocks of 204/20, 204/25 in the water depth of 400 meters.<br />
<br />
Oil is produced through 22 subsea production and 19 injection wells connected to a "floating, production, storage and offloading" (FPSO) vessel, and exported to market via shuttle tanker "Loch Rannoch".<br />
<br />
The field has started its first commercial production in July 1998. BP Exploration is the operator of the field and owns 3.0% equity in the field. The other equity partners include Brit oil Public Limited Company(30.30%),Shell (UK) Ltd(33.30%), Hess Limited (15.66%), Murphy Petroleum Limited(5.88%), Stat oil (UK) limited (5.88%) and OMV(UK) Ltd.(5.88%).<br />
<br />
The field has produced around 5.7 million barrels of Crude Oil in 2009. The total recoverable reserves of the field are around 425 million barrels of crude oil. The total remaining reserves as of December 2009 is around 89 million barrels of crude oil. Schiehallion field is expected to produce till 2017.<br />
<br />
The life of Schiehallion field is expected to be around 20 years with complete abandonment during 2017. The field is expected to generate $7.08 billion in revenues (undiscounted) during its remaining life (starting 1/1/2010) and is expected to yield an IRR of around 27.71%.<br />
<br />
Scope<br />
• 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.<br />
• 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.<br />
• This report provides detailed sensitivity analysis of the remaining NPV with changes in the commodity prices, discount rate, production and key fiscal terms.<br />
• 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.<br />
• 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.<br />
<br />
Reasons to buy<br />
• Make well informed investment decisions based on detailed operational analysis and cash flow forecasts<br />
• Estimate the fair value of your future investment under different economic and fiscal conditions<br />
• Value a prospective investment target through a comprehensive analysis using focused forecasting and valuation methodologies. <br />
• Supporting interactive excel model will enhance your decision making capability in a more rapid and time sensitive manner <br />
• Evaluate how the changes in the country&apos;s fiscal policies impact the cash flows and the present value of the asset<br />
Table of contents 2<br />
<br />
1.1 List of Tables 4<br />
1.2 List of Figures 4<br />
<br />
2 Schiehallion field, United Kingdom, Introduction 5<br />
<br />
3 Schiehallion field, United kingdom, Geology and Formation 6<br />
<br />
4 Schiehallion field, United kingdom, Equity Partners 7<br />
<br />
5 Schiehallion field, United kingdom , Crude Oil Reserves 8<br />
<br />
6 Schiehallion field, United Kingdom, Key Fiscal Terms 9<br />
6.1 Contract Type 9<br />
6.2 Royalty 9<br />
6.3 Rentals 9<br />
6.4 Taxation 9<br />
6.5 Petroleum Revenue Tax (PRT) 9<br />
<br />
7 Schiehallion field, United kingdom, Infrastructure 10<br />
7.1 Upstream Infrastructure 10<br />
7.1.1 The Schiehallion Vessel (FPSO) 10<br />
7.2 Midstream Infrastructure 11<br />
7.2.1 Schiehallion Export System (Loch Rannoch) 11<br />
<br />
8 Schiehallion field, United kingdom, Development Plan, Investment and Expenditure 12<br />
<br />
9 Schiehallion field, United Kingdom, Crude Oil Production 13<br />
<br />
10 Schiehallion field, United Kingdom, Field Economics 14<br />
10.1 Schiehallion field, United Kingdom,Economic Assumptions 14<br />
10.1.1 Forecast Commodity Prices 14<br />
10.1.2 Inflation 14<br />
10.1.3 Discount Rate and Representation of Cash Flows 14<br />
10.1.4 Sensitivity 14<br />
10.1.5 Access to the Economic Model 14<br />
10.2 Schiehallion field, United Kingdom, Cash Flow Analysis 15<br />
10.3 Schiehallion field, United Kingdom, Remaining PV Sensitivity Analysis 16<br />
10.3.1 Remaining NPV Sensitivity to Discount Rates 16<br />
10.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 17<br />
10.3.3 Remaining NPV Sensitivity to Income Tax and Production Rate 18<br />
<br />
11 Schiehallion field, United Kingdom, Summary Cash Flows 19<br />
11.1 Schiehallion field, United Kingdom, Front End Load Due To Fiscal Policy 20<br />
11.2 Schiehallion field, United Kingdom, Tax Liability 21<br />
<br />
12 Appendix 22<br />
12.1 Methodology 22<br />
12.2 Coverage 22<br />
12.3 Secondary Research 22<br />
12.4 Primary Research 22<br />
12.5 E&amp;P Forecasts 23<br />
12.6 Capital Costs 23<br />
12.7 Exploration and Appraisal (E&amp;A) Costs 23<br />
12.8 Operating Costs 23<br />
12.9 Expert Panel Validation 24<br />
12.10 About GlobalData<br />
12.11 Contact Us<br />
12.12 Disclaimer<br />
<br />
1.1 List of Tables<br />
<br />
Table 1: Schiehallion field, United kingdom, Key Asset Data, 2010 5<br />
Table 2: Schiehallion field , United Kingdom, Equity Partners and Their Equity Stakes, 2010 7<br />
Table 3: Schiehallion field, United Kingdom, Field Reserves, January 2010 8<br />
Table 4: Schiehallion field , United Kingdom, FPSO, 2010 11<br />
Table 5: Schiehallion field , United Kingdom, Shuttle Tanker( Loch Rannoch), 2010 12<br />
Table 6: Schiehallion field, United Kingdom, Historic and Forecast Production, Thousand Barrels, 1998-2017 13<br />
Table 7: Schiehallion field, United Kingdom Commodity Price Assumptions, 2010-2057 14<br />
Table 8: Schiehallion field, United Kingdom, Project Analysis Metrics, 2010 15<br />
Table 9: Schiehallion field, United Kingdom, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change, in Million Dollars 16<br />
Table 10: Schiehallion field, United Kingdom, Remaining PV Sensitivity Analysis over Commodity Price Change Vs Production Rate, in Million Dollars 17<br />
Table 11: Schiehallion field, United Kingdom, Remaining PV Sensitivity Analysis at 10% Discount Rate over Income Tax Change Vs Production Rate, in Million Dollars 18<br />
Table 12: Schiehallion field, United Kingdom Ltd, United Kingdom, Asset Summary Cash Flows, Thousand US$, 1978-2057 19<br />
Table 13: Schiehallion field, United Kingdom, Front End Load, Thousand US$, 1978-2057 20<br />
Table 14: Schiehallion field, United Kingdom, Tax Liability Estimations, Thousands US$,1978-2057 21<br />
<br />
1.2 List of Figures<br />
<br />
Figure 1: Schiehallion field, United Kingdom, Location Map, 2010 6<br />
Figure 2: Schiehallion field, United Kingdom, Location Map, 2010 7<br />
Figure 3: Schiehallion field, United Kingdom , Current Equity Details, 2010 8<br />
Figure 4: Schiehallion field, United Kingdom, FPSO, 2010 10<br />
Figure 5: Schiehallion field, United kingdom, Shuttle tanker(Loch Rannoch), 2010 11<br />
Figure 6: Schiehallion field, United Kingdom, Historic Production and Forecast, 1998-2017 13<br />
Figure 7: Schiehallion field, United Kingdom, Gross Revenue Versus Tax Cash Flow Analysis, 1978-2057 15<br />
Figure 8: Schiehallion field, United Kingdom, Remaining PV Sensitivity Analysis Over Discount Rate Vs. Commodity Price Change, in Million Dollars 16<br />
Figure 9: Schiehallion field, United Kingdom, Remaining PV Sensitivity Analysis over Change in Production Vs. Commodity Price Change, in Million Dollars 17<br />
Figure 10: Schiehallion field, United Kingdom, Remaining PV Sensitivity Analysis Over Income Tax Rates Vs. Production Rate, in Million Dollars 18<br />
Browse all Energy and Power Market Research Reports on: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-research/energy-and-power-supplies/" href="http://www.reportsandreports.com/market-research/energy-and-power-supplies/">http://www.reportsandreports.com/market-research/energy-and-power-supplies/</a><br />
Browse all GlobalData Market Research Reports on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/Publishers/globaldata/" href="http://www.reportsandreports.com/Publishers/globaldata/">http://www.reportsandreports.com/Publishers/globaldata/</a><br />
<br />
Browse all Latest Report on:<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/LatestReport.aspx" href="http://www.reportsandreports.com/LatestReport.aspx">http://www.reportsandreports.com/LatestReport.aspx</a><br />
 <br />
Related Reports:<br />
Lennox, Liverpool Bay, United Kingdom,Commercial Asset Valuation and Forecast to 2017<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/lennox-liverpool-bay-united-kingdomcommercial-asset-valuation-/" href="http://www.reportsandreports.com/market-reports/lennox-liverpool-bay-united-kingdomcommercial-asset-valuation-/">http://www.reportsandreports.com/market-reports/lennox-liverpool-bay-united-kingdomcommercial-asset-valuation-/</a><br />
<br />
Amal Oil Field (Redevelopment), Libya, Commercial Asset Valuation and Forecast to 2017<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/amal-oil-field-redevelopment-libya-commercial-asset-valuation/" href="http://www.reportsandreports.com/market-reports/amal-oil-field-redevelopment-libya-commercial-asset-valuation/">http://www.reportsandreports.com/market-reports/amal-oil-field-redevelopment-libya-commercial-asset-valuation/</a><br />
<br />
Bruce Field, United Kingdom, Commercial Asset Valuation and Forecast to 2021<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/market-reports/bruce-field-united-kingdom-commercial-asset-valuation-and-forec/" href="http://www.reportsandreports.com/market-reports/bruce-field-united-kingdom-commercial-asset-valuation-and-forec/">http://www.reportsandreports.com/market-reports/bruce-field-united-kingdom-commercial-asset-valuation-and-forec/</a><br />
<br />
About Us:<br />
ReportsandReports  is comprising of an online library of 20,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. <br />
Our client list boasts of almost all well-known publishers of such reports across the globe. We, as a third party reseller of market research reports employ number of marketing tools such as press releases, email-marketing and effective search engine optimization technique to drive revenues for our clients. <br />
<br />
Contact:<br />
Ms. Sunita<br />
7557 Rambler road,<br />
Suite 727, Dallas, TX 75231<br />
Tel: +1-888-989-8004<br />
Website: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.reportsandreports.com/" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsnreports.wordpress.com/" href="http://reportsnreports.wordpress.com/">http://reportsnreports.wordpress.com/</a><br />
Blog: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://reportsandreports.blogspot.com/" href="http://reportsandreports.blogspot.com/">http://reportsandreports.blogspot.com/</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Ms.Sunita<br />rEPORTSANDrEPORTS<br />Telephone: 888-989-8004<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/56393">Click to Email Ms.Sunita</a><br />Web: <a rel="nofollow" href="http://www.reportsandreports.com/">http://www.reportsandreports.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=56393&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 13 Sep 2010 08:00:00 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=974" medium="image"/>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
  </channel>
</rss>
