Asset Report
bpTT Assets (LNG)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This analysis covers all assets operated by BpTT, a joint venture comprising BP (70%) and Repsol (30%). The operations are the most extensive in Trinidad. BpTT operates multiple fields, platform facilities and infrastructure in the southern waters of the Columbus basin. The portfolio mixes mature, early-life and future development assets. Market demand (both domestic and LNG exports) dictates the pace and order in which BpTT develops its assets. Production began in 1972 when the Teak, Poui ...
Table of contents
- Summary
-
Key Issues
- New projects will maintain production level after years of decline
- Exploration success driven by ocean bottom seismic data
- Mature fields divestments
-
Drilling
- Deep potential
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Export market - Atlantic LNG
- Train 1
- Trains 2 and 3
- Train 4
- NGLs
- Maximising recovery factors
-
Field development
- Existing projects
- Cassia
- Immortelle
- Banyan
- Mahogany
- Amherstia
- Kapok (Sparrow/Renegade)
- Cannonball
- 10 more item(s)...
- Liquids
- Gas
-
Operating costs
- Tariff payments
-
Gas
- Domestic market
- Contracts
- Gas price
- Export market - Atlantic LNG
- Train 1
- Trains 2 and 3
- Train 4
-
Liquids
- Condensates
- NGLs
- Cash Flow
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
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Capital Costs Pre-2016 to 2024 (US$ million)Cash Flow (US$)PV Table (US$)
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Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining Present Value Price SensitivitiesIndicative Technical ValuationsIndex MapDetail MapParticipation
- 11 more item(s)...
What's included
This report contains:
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