Asset report
| |
25 Pages

UK Southern North Sea exploration basin


UK Southern North Sea exploration basin

Report summary

The Southern North Sea Basin is one of the most prolific gas producing areas in the world with exploration dating back to the 1960s. This analysis covers the offshore UK portion of the basin. Water depths are shallow, and the operating environment benign compared to northern sectors of the North Sea. In recent years there have been a number of sizeable gas discoveries, in both the Carboniferous and Permian plays. The basin has extensive infrastructure, where discoveries close to existing production hubs could benefit from the potential for fast-track developments.

What's included?

This report includes 2 file(s)

  • UK Southern North Sea exploration basin PDF - 669.48 KB 25 Pages, 20 Tables, 28 Figures
  • UK Southern North Sea.zip ZIP - 3.26 MB

Description

Oil and gas exploration is an industry in constant motion, from technological breakthroughs to shifting supply and demand. The high costs of finding and developing new oil and gas fields that can be commercially developed has created a challenging atmosphere, with explorers increasingly seeing low returns, low value and slow progress.

This Exploration Basin report provides a detailed analysis of exploration of this basin, including discovery and development costs, location maps and information about licensing and fiscal terms. You'll also find information about discovery and development costs and full-cycle returns.

Explorers and advisors can use this report to understand the history and potential value of this basin.

Wood Mackenzie has access to historic data for over 450 basins and forecasts for more than 125 basins. We provide accurate information on the cost of exploration compared to the value of discoveries so that you can develop profitable strategies.

Our in-depth analysis gives you the information you need to navigate the ever-changing challenges of oil and gas exploration so you can make critical commercial decisions.

  • Key facts
  • Summary and key issues
    • Key issues include:
  • Location maps
  • Participation
  • Geology
  • Exploration
    • Wells drilled
    • Basin success rates
  • Reserves and resources
    • Volumes discovered
    • Yet-to-find potential
    • Play inputs
      • Creaming curve and key play data
    • Model field pool size distribution
    • Existing discoveries and modelled yet-to-find pool size distribution
  • Development
  • Costs
  • Fiscal and regulatory
    • Licensing
    • Fiscal terms
  • Economic analysis
    • TYP and outlook economics
      • Prospect economics
        • Carboniferous
        • Permian
      • Expected monetary value (EMV)
    • Full cycle basin economics
      • Full-cycle economic analysis

In this report there are 48 tables or charts, including:

  • Key facts
    • Play level data
    • Assumptions
    • Price assumptions
  • Summary and key issues
    • Value creation versus investment (TYP period)
    • Value creation versus investment (outlook)
    • Commerciality index
  • Location maps
    • Exploration history map
    • Exploration wells by play
  • Participation
    • Licensed exploration acreage
    • Expiry forecast of current licences
  • Geology
    • Key play characteristics
  • Exploration
    • Drilling activity by well type
    • Cumulative exploration wells by play
    • Discoveries and success rates
    • Discoveries by licence year and drilling year
  • Reserves and resources
    • Basin creaming curve
    • Key basin data
    • Volumes discovered by year
    • Average discovery size and volume per well by year
    • Top discoveries (TYP period)
    • Cumulative discoveries by play
    • Cumulative volumes discovered by play
    • Forecast data by play (outlook)
    • Carboniferous
    • Reserves and resources: Table 4
    • Permian
    • Reserves and resources: Table 5
    • Carboniferous
    • Permian
    • Carboniferous
    • Permian
  • Development
    • Carboniferous
    • Permian
  • Costs
    • Recent discovery costs
    • Summary of discovery and development costs
    • Exploration and appraisal spend
    • Exploration spend per well and average well depth
  • Fiscal and regulatory
    • Typical fiscal terms - all plays
  • Economic analysis
    • TYP valuecreation, spend and volumes discovered
    • Outlook value creation, spend and volumes discovered
    • Unit value of potential discoveries
    • Prospect breakeven prices
    • Unit value of potential discoveries
    • Prospect breakeven prices
    • Carboniferous
    • Permian
    • Carboniferous
    • Economic analysis: Table 4
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...