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
- Summary
-
Key Issues
- Uncertain investment climate delays project
- FPSO sale expiry
- NEO NEXT+’s agility as a UK-focussed strategic venture should provide needed impetus
- Development will be electrification ready and have zero routine flaring and venting
- Future tie-backs and exploration prospects offer upside
- Capital costs
- Decommissioning costs
- Operating costs
- Global Economic Model (GEM) file
- Cash Flow
Tables and charts
This report includes the following images and tables:
-
Capital Costs 2029 to 2033 (US$ million)Capital Costs 2054 to 2057 (US$ million)Operating Costs 2032 to 2040 (US$ million)
-
Cash 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 SensitivitiesIndex mapBuchan re-development map
- 6 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
SB G
Shell-operated development in deepwater Sabah consists of the Malikai/Malikai Deep oil fields and the unitised Petai field
$3,720
Asset Report
BIGST Cluster
The BIGST cluster contains five gas fields located offshore Peninsular Malaysia, with CO2 concentration up to 70%
$3,720
Asset Report
Davy Area
The Davy Area lies near the UK/Netherlands median line and included the main Davy field plus the Davy East, Davy North, Brown, Boyle ...
$3,720
