Asset Report
Buchan re-development
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Buchan oil field lies in the South Halibut Basin in the Central North Sea. It was one of the earliest oil discoveries in the North Sea. The field came onstream in 1978 but ceased production in 2017 due to integrity issues with the Buchan Alpha floating production unit (FPU). All original infrastructure was completely removed and decommissioned.Estimates suggested there are still commercially viable volumes left in the ground. The initial development concept for a redevelopment was for a ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Uncertain investment climate delays project
- FPSO sale expiry
- Formation of NEO NEXT should provide fresh impetus
- Location maps
- Participation
- Geology
- Well data
- Reserves and resources
- Production
-
Development
- FPSO will be electrification ready and have zero routine flaring and venting
- Future tie-backs and exploration prospects offer upside
- Costs
- Fiscal and regulatory
-
Economic assumptions
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
- Global Economic Model (GEM) file
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- Buchan re-development map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Buchan (re-development) production profile
- Capital costs
- Decommissioning costs
- 9 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Greater Catcher Area
The Greater Catcher Area includes the Catcher, Varadeo, Burgman, Catcher North and Laverda fields. The development lies 20-kilometres ...
$5,280
Asset Report
Heidrun
Heidrun is a large oil and gas field located in the northern part of the Haltenbanken area.
$5,280
Asset Report
Haltenbanken East
Haltenbanken East is the name for the development of six gas and condensate discoveries in the Åsgard area in the Norwegian Sea. ...
$3,720
