Asset Report
Brent
Report summary
The Brent oil and gas field was discovered in 1971. It was developed using one steel and three concrete platforms, and produced for 45 years before ceasing production in 2021. Decommissioning planning started in 2006, owing to the size and complexity of the giant concrete Brent platforms. The programme to plug and abandon redundant wells started in 2009 for the Brent 'Delta' wells and completed in 2014. Well abandonment programmes were completed at Brent 'Alpha', ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
- Key development metrics
- Platforms
- The Redevelopment Project
-
Decommissioning
- Brent SPAR
- Infrastructure
- Costs
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 26 images and tables including:
- Key facts: Table 1
- Index map
- Brent map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Brent production profile
- Infrastructure: Table 1
- Costs: Table 1
- Decommissioning Costs
- Costs: Table 3
- Operating Costs
- Development: Table 1
- 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 01/01/2024
- Remaining Present Value Price Sensitivities
- Cash Flow (£ million)
- Economic analysis: Table 5
- Economic analysis: Table 6
What's included
This report contains:
Other reports you may be interested in
Insight
Pemex financial health: reasoning and impact on recent hydrocarbon duty government aid
Fiscal reductions have alleviated some Pemex financial struggles, but further action is required to return to self-sufficiency
$1,350
Commodity Market Report
Macro oils short-term outlook: April 2024
This quarter’s tighter fundamentals provide support to prices as the oil market focuses on political risk
$2,000
Insight
Global upstream M&A in brief
The global upstream M&A in brief provides the Wood Mackenzie view on all of the key M&A events as they unfold.
$1,350