Asset report

Buzzard

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Report summary

Discovered in 2001 Buzzard was the largest oil field to be found and developed in the UK in over a decade. Buzzard is located in the Outer Moray Firth Basin 56 kilometres northeast of St Fergus.Production from Buzzard started in January 2007. The field makes a major contribution to UK production accounting for around 20% of UK liquids output in 2014. The development comprises three fixed steel installations and a fourth bridge linked H2S handling platform. Oil export is via a tie in to ...

What's included

This report contains

  • Document

    Buzzard

    PDF 655.79 KB

  • Document

    Buzzard

    XLS 812.50 KB

  • Document

    Buzzard

    ZIP 1.33 MB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
  • Costs
  • Sales contracts
  • Fiscal and regulatory
  • Economic assumptions
  • Economic analysis

Tables and charts

This report includes 27 images and tables including:

Images

  • Index Map
  • Buzzard Map
  • Buzzard Production Profile
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
  • Remaining Present Value Price Sensitivities

Tables

  • Key facts: Table 1
  • Participation: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Infrastructure: Table 1
  • Development: Table 1
  • Costs: Table 4
  • Cash Flow (US$ million)
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Cash Flow (£ million)
  • Economic analysis: Table 5
  • Economic analysis: Table 6
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3

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