Asset Report
UK West Shetland exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The West Shetland Basin is characterised by challenging climatic conditions and limited existing infrastructure. Companies have brought a small number of oil fields onstream and Total started production from the first gas fields, Laggan and Tormore, in 2016. Total discovered the large Glendronach field in September 2018. However, much of the basin remains under-explored and is considered frontier. There is potential to make sizeable discoveries (in terms of the UK) in the future.
Table of contents
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Summary of commercial outlook
- Advantages:
- Challenges:
- Wells drilled
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Prospective resources by play
- Rona Ridge
- Judd High
- Prospective resource costs and underlying development assumptions
- Prospect economics -Rona Ridge
- Prospect economics - Judd High
- Full-cycle basin economics
- Oil and gas prices
- Licensing
- Fiscal terms
Tables and charts
This report includes the following images and tables:
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Exploration history mapDrilling activity by well typeDiscoveries and success rates
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All discoveries 2013-2022Current acreage holdersRona RidgeJudd HighSummary of discovery and development costsUnit value of potential discoveriesBreakeven price of explorationRona RidgeUnit value of potential discoveries
- 12 more item(s)...
What's included
This report contains:
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