Asset Report
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 the basin, including Cepheus (2014) and Winchelsea (2016) in the Carboniferous play and Tolmount East (2019) and Pensacola (2022) in the Permian play. These suggest there are still discoveries to be made in the Southern North Sea. The basin has extensive infrastructure, where discoveries close to existing production hubs could benefit from the potential for fast-track developments.
Table of contents
-
Summary of commercial outlook
- Advantages:
- Challenges:
- Wells drilled
-
Prospective resources by play
- Permian
- Carboniferous
-
Prospective resource costs and underlying development assumptions
- Prospect economics - Permian
- Prospect economics - Carboniferous
- Full cycle basin economics
- Licensing
-
Fiscal terms
- Oil and Gas prices
Tables and charts
This report includes 23 images and tables including:
- Exploration history map
- Drilling activity by well type
- Discoveries and success rates
- Top 10 discoveries
- Current acreage holders
- Permian
- Carboniferous
- Summary of discovery and development costs
- Typical fiscal terms - all plays
- Exploration wells by play
- Key play characteristics
- Creaming curve
- Prospective resource summary
- Creaming curve
- Prospective resource summary
- Unit value of potential discoveries
- Breakeven price of exploration
- Permian
- Unit value of potential discoveries
- Breakeven price of exploration
- Carboniferous
- Henry Hub and local gas price assumptions
What's included
This report contains:
Other reports you may be interested in
Asset Report
UK Northern North Sea exploration basin
A detailed analysis of the UK Northern North Sea exploration basin.
$2,800
Asset Report
Babbage
The Babbage gas field is located in the UK southern North Sea, 80 kilometres northwest from Easington in County Durham.The field has ...
$3,100
Asset Report
UK SGB other fields (sub-commercial)
Data on the fields we classify as sub-commercial is available below. Sub-commercial fields contain discovered resources that are ...
$3,100