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 will lower costs and emissions at Kraken
- Oil development expected onstream post-EPL, boosting economics
- Regulatory headwinds could further impact the oil development
- Upside exists from potential future phases
- Wells
- Subsea
- FPSO
- Capital costs
- Decommissioning costs
- Operating costs
- 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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Capital costs 2026 to 2033 (US$ million)Capital costs 2043 to 2048 (US$ million)Operating costs 2028 to 2037 (US$ million)
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Sub-commercial fieldsCash Flow (US$)PV Table (US$)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)
- 11 more item(s)...
What's included
This report contains:
