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Asset Report

Bittern

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21 March 2023

Bittern

Report summary

The Bittern field is located 37 kilometres southeast of the Shell-operated Gannet A development in the Central North Sea. Bittern was developed in conjunction with the Guillemot West and Guillemot North West accumulations, located around 30 kilometres to the northwest. Guillemot West, Guillemot North West and their three satellites are included in the Guillemot Area asset report.The combined development, which was brought onstream in 2000, is known as the Triton project. The fields produce ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
    • Key development metrics
      • Development drilling
      • Subsea facilities
      • Triton FPSO
  • Infrastructure
    • Decommissioning costs
    • Operating costs
  • Sales contracts
  • Fiscal and regulatory
    • Cash flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Gas price
    • Carbon price
    • Exchange rate
    • Fiscal terms
    • Global Economic Model (GEM) file
    • Cash Flow

Tables and charts

This report includes 28 images and tables including:

  • Key facts: Table 1
  • Index map
  • Bittern map
  • Participation: Table 1
  • Participation: Table 2
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Bittern production profile
  • Infrastructure: Table 1
  • Capital costs
  • Costs: Table 2
  • Sales contracts: Table 1
  • Costs: Table 3
  • Costs: Table 4
  • Cash flow (US$ million)
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2023
  • Remaining Present Value Price Sensitivities
  • Cash flow (£ million)
  • Economic analysis: Table 5
  • Economic analysis: Table 6
  • Development: Table 1

What's included

This report contains:

  • Document

    Bittern

    PDF 4.38 MB

  • Document

    Bittern

    XLS 558.00 KB