Asset Report

Pensacola

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The Pensacola gas field lies in the southern North Sea, 55 kilometres off the north Yorkshire coast. Shell made the discovery in January 2023 in a Zechstein Hauptdolomite carbonate target interval. It was the largest discovery in the southern North Sea since 2011. A successful appraisal was completed in Q1 2025 and we have assumed no material changes to the resource size. This will likely enable a commercial project to proceed, although at this early stage, there is uncertainty around the ...

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Low permeability reservoir and high CO2 gas content
      • Full electrification or alternative low-carbon power
      • Fiscal and regulatory uncertainty
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
    • Capital costs
    • Operating costs
  • 3 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Index Map
  • Detail Map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production Profile
  • Infrastructure: Table 1
  • Costs: Table 1
  • Costs: Table 2
  • (US$ million)
  • 7 more item(s)...

What's included

This report contains:

  • Document

    Pensacola

    PDF 4.37 MB

  • Document

    Pensacola

    XLS 775.50 KB