Asset Report
Corvette
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Corvette gas field lies 85 kilometres northeast of the Norwich coast.The field was developed via a remotely controlled, not-normally-manned wellhead platform. The Shell-operated Caravel and Shamrock fields have been developed as tie-backs to Corvette, utilising a shared pipeline. Caravel and Shamrock were brought onstream in 2008 and as a result, production from Corvette was backed out.Gas is transported to the Shell-operated terminal facilities at Bacton via the Leman 'A' platform.
Table of contents
- Summary
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Key Issues
- Production constraints have been removed
- Corvette could benefit from third-party income
- No further development expected, but new operatorship could facilitate investment
- Viaro Energy acquisition (2024)
- 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 1997 to 2003 (£ million)Capital Costs 2028 to 2029 (£ million)Operating Costs 2025 to 2027 (£ million)
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Annual gas pricesCash 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)
- 11 more item(s)...
What's included
This report contains:
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