Asset Report
Auk Area
Report summary
The Auk Area is located in the Central North Sea and consists of the Auk and Auk North fields. Auk is one of the oldest producing fields in the North Sea. It was developed with a single platform and production started in 1975. Auk North was developed as a four well subsea tie-back to Fulmar. Production from Auk North ceased in 2018. Auk is very mature, however the end of field life has been extended multiple times. Cessation of production (COP) was initially expected in 2015, but is now ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- No further investment
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
- Platforms
- Auk
- Auk North
- Infrastructure
-
Costs
-
Operating costs
- Emissions Trading Scheme (ETS)
-
Operating costs
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 25 images and tables including:
- Key facts: Table 1
- Index map
- Auk map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Auk area production profile
- Infrastructure: Table 1
- Capital costs
- Decommissioning costs
- Development: Table 1
- Cash Flow (US$ million)
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Present Value Price Sensitivities
- Cash Flow (£ million)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Costs: Table 3
What's included
This report contains:
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