Asset report

UK Southern North Sea exploration basin

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

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 Pegasus and Wingate in the Carboniferous play and Tolmount in the Permian play. These discoveries 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.

What's included

This report contains

  • Document

    UK Southern North Sea.zip

    ZIP 3.36 MB

  • Document

    UK Southern North Sea exploration basin

    PDF 3.45 MB

  • Document

    UK Southern North Sea exploration basin

    ZIP 6.70 MB

Table of contents

Tables and charts

This report includes 49 images and tables including:

Images

  • Value creation versus investment (TYP period)
  • Value creation versus investment (outlook)
  • Exploration history map
  • Exploration wells by play
  • Licensed exploration acreage
  • Expiry forecast of current licences
  • Exploration and appraisal spend
  • Exploration spend per well and average well depth
  • Commerciality index
  • Drilling activity by well type
  • Cumulative exploration wells by play
  • Discoveries and success rates
  • Discoveries by licence year and drilling year
  • Basin creaming curve
  • Volumes discovered by year
  • Average discovery size and volume per well by year
  • Cumulative discoveries by play
  • Cumulative volumes discovered by play
  • Carboniferous
  • Permian
  • TYP value creation, spend and volumes discovered
  • Outlook value creation, spend and volumes discovered
  • Carboniferous
  • Permian
  • Unit value of potential discoveries
  • Prospect breakeven prices
  • Unit value of potential discoveries
  • Prospect breakeven prices

Tables

  • Play level data
  • Assumptions
  • Price assumptions
  • Key play characteristics
  • Carboniferous
  • Permian
  • Recent discovery costs
  • Summary of discovery and development costs
  • Key basin data
  • Top discoveries (TYP period)
  • Forecast data by play (outlook)
  • Carboniferous
  • Permian
  • Typical fiscal terms - all plays
  • Reserves and resources: Table 4
  • Reserves and resources: Table 5
  • Carboniferous
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Economic analysis: Table 4
  • Economic analysis: Table 5

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898