Asset Report
Culzean
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Culzean high temperature/high pressure (HP/HT) gas and condensate field is the biggest gas field in the UK by resources and production. The field was discovered in 2008 and appraisal confirmed hydrocarbons in both Jurassic and Triassic reservoirs. Development consent was granted in 2015. Culzean was developed using three bridge-linked platforms including a 12-slot wellhead platform (WHP), a central processing platform (CPF) and a separate living quarters and utility platform (ULQ). The ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Partial electrification could be achieved by 2025
- Fiscal uncertainty limiting further drilling
- Tie-back opportunities could extend field life
- HP/HT raises risk of well deformation
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
-
Emissions
- North Sea Transition Deal
-
Emissions
-
Development
- Wells
- Facilities
- Subsea/Pipeline
- Infrastructure
-
Costs
- Decommissioning costs
- Operating costs
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
-
Economic analysis
- Cash flow
Tables and charts
This report includes 26 images and tables including:
- Key facts: Table 1
- Index map
- Culzean map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production profile
- Infrastructure: Table 1
- Capital costs
- Development: Table 1
- Costs: Table 2
- Costs: Table 3
- 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 Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Cash flow (£ million)
- Economic analysis: Table 5
- Economic analysis: Table 6
What's included
This report contains:
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