Asset Report
Bressay
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Bressay is a heavy oil field in the Northern North Sea, 50-kilometres northeast of Mariner. The field was discovered in 1976 but due to the 10 degree API oil, a commercial development has yet to be sanctioned. The field has an estimated 900 mmbbl of Stock Tank Oil Initially In Place (STOIIP). The project is currently in the concept select phase.
Table of contents
- Summary
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Key Issues
- Oil development concept yet to be finalised
- Gas cap development offers upside at Kraken
- Clarity on EPL successor post-2030 is key to the oil development reaching FID
- Regulatory uncertainty could further impact the development
- Upside from potential future phases
- Wells
- Subsea
- FPSO
- Cash flow
- Global Economic Model (GEM) file
- Indicative Technical Valuations
- Cash Flow
- Cash Flow (US$ million)
- Cash Flow (£ million)
Tables and charts
This report includes the following images and tables:
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Sub-commercial fieldsCash 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 PV Price SensitivitiesCash Flow (Local Currency)PV Table (Local Currency)Summary Table (Local Currency)Index map
- 5 more item(s)...
What's included
This report contains:
