Asset Report
Chestnut
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Chestnut is a geologically complex oil field located ten kilometres south of the Britannia field in the Central North Sea. Despite being discovered in 1986, it wasn't developed until 2001. The field was initially developed with an extended single horizontal well, 22/02a-11x, connected to the Crystal Ocean FPSO.The full field development used the Hummingbird Spirit FPSO, the first cylindrical FPSO deployed in the North Sea. It was leased from Teekay between 2008 and 2022. Associated gas ...
Table of contents
- Summary
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Key Issues
- Chestnut ceased production in April 2022
- Decommissioning is ongoing
- Capital costs
- Decommissioning costs
- Operating costs
- Cash flow
- Global Economic Model (GEM) file
- 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 Pre-2012 to 2020 (£ million)Capital Costs 2022 to 2026 (£ million)Operating Costs 2013 to 2022 (£ million)
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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 Present Value Price SensitivitiesCash Flow (Local Currency)PV Table (Local Currency)
- 9 more item(s)...
What's included
This report contains:
