Asset Report
Auk Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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
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Summary
- Field development
- Decommissioning
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Key Issues
- Repsol has retained decommissioning liability
- Repsol has one of the largest decommissioning liabilities on the UKCS
- Plug and abandonment
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Field infrastructure
- Platform
- Wells
- Subsea
- Pipelines
- Capital costs
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Decommissioning costs
- Decommissioning liability
- Tax relief
- Decommissioning security
- OSPAR regulations
Tables and charts
This report includes the following images and tables:
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Reserves (2P) at 01/01/2027Auk area production profileCapital Costs 2019 to 2025 (US$ million)
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Index mapAuk mapParticipationPlatform summaryPipeline summary
What's included
This report contains:
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