Concept variable

Estimated investment costs

	Norwegian (bokmål)
Name	Estimated investment costs
Definition	Estimated investments costs are nominal acquisition costs of physical capital for extraction purpose that licensees expect to implement on short and medium term. All current costs in exploration and field development, including procuction drilling, are regarded as investment costs. For fields in production, costs that increase the value of the capital ecquipment, improve the processes or expand the capacity are treated as investment. Repair and maintenance are treated as intermediate consumption of services. In the ancillary activity all acquisitions of fixed durable assets with an expected productive life of more than one year are included.
Valid from
Valid to
Owner	215 - Division for energy statistics

Statistical unit	Enterprise
Subject	10.06.20 - Extraction of crude oil and natural gas
Reference	http://www.ssb.no/english/subjects/10/06/20/oljeinv_en

Linked to StatBank tables	08050: Estimated and accrued investments for oil and gas extraction and pipeline transport, by type of investment and estimation moment/accrued (NOK million) 05495: Estimated and accrued investment costs for oil and gas extraction and pipeline transport (closed series)