Johan Sverdrup: Don’t Decline

Equinor is deploying three world-class technologies to mitigate Johan Sverdrup’s decline rates, based on reviewing c115 of the company’s patents and dozens of technical papers. This 15-page note outlines how its efforts may unlock an incremental $3-5bn of value from the field, as production surprises to the upside.

Johan Sverdrup: Economic Model

We have modelled the economics of Equinor’s Johan Sverdrup oilfield, using public disclosures and own estimates. Our model spans >250 lines of inputs and outputs, so you can flex key assumptions, such as oil prices, gas prices, production profiles and costs. In particular, we have tested the impact of different decline rates and recovery factors on the field’s ultimate value.

Copyright: Thunder Said Energy, 2022.