Asset Report
Chestnut
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 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 was used ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Chestnut ceased production in April 2022
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
- Development
- Infrastructure
- Costs
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 23 images and tables including:
- Key facts: Table 1
- Index map
- Chestnut map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Chestnut production profile
- Capital costs
- Decommissioning costs
- Operating costs
- Cash flow (US$ million)
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Present Value Price Sensitivities
- Cash flow (£ million)
- Economic analysis: Table 5
- Economic analysis: Table 6
What's included
This report contains:
