Asset Report

Buchan re-development

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The Buchan oil field lies in the South Halibut Basin in the Central North Sea. It was one of the earliest oil discoveries in the North Sea and the field produced from 1978 until 2017. All of the original infrastructure was completely removed and decommissioned.Estimates suggested there was still commercially viable volumes left in the ground and this is what the partners intend to develop. The initial development concept for a re-development was for a high spec standalone platform ...

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Uncertain investment climate delays project
      • Post-2030 fiscal terms are uncertain
      • FPSO will be electrification ready and have zero routine flaring and venting
      • Future tie-backs and exploration prospects offer upside
  • Location maps
  • Participation
  • Geology
  • Well data
  • Reserves and resources
  • Production
  • Development
  • Costs
  • Fiscal and regulatory
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Gas price
    • Carbon price
    • Exchange rate
    • Global Economic Model (GEM) file
  • 1 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Index map
  • Buchan re-development map
  • Participation: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Buchan (re-development) production profile
  • Capital costs
  • Decommissioning costs
  • 9 more item(s)...

What's included

This report contains:

  • Document

    Buchan re-development

    PDF 4.37 MB

  • Document

    Buchan re-development

    XLS 662.00 KB