Asset Report
Cygnus
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The large Cygnus gas field lies in the in the Southern Gas Basin over 200 kilometres east of Middlesborough. Cygnus started production in December 2016 and is one of the UK's largest gas producers.The field has three bridge-linked manned platforms, collectively known as Cygnus Alpha. In addition, there is a normally unmanned wellhead platform, Cygnus Bravo, located six kilometres to the northwest. Cygnus currently produces from 11 horizontal wells. In common with several other fields in ...
Table of contents
- Summary
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Key Issues
- Ithaca takes greater control of Cygnus
- Upside potential from infill drilling beyond the next three approved wells
- Government widens gas entry requirements for National Transmission System (NTS)
- Cygnus is a very low emitter
- Licence and unitisation
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Corporate
- Low pressure compression project
- 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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Hydrocarbon and reservoir qualityReserves (2P) at 01/01/2026
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Contingent Resources (2C) at 01/01/2026Production (2016-2025)Production profileCapital Costs Pre-2016 to 2024 (£ million)Capital Costs 2031 to 2037 (£ million)Operating Costs 2025 to 2032 (£ million)Annual gas pricesCash Flow (US$)PV Table (US$)
- 13 more item(s)...
What's included
This report contains:
