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 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 unmanned satellite platform, Cygnus Bravo, located seven kilometres to the northwest.
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
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 (2017-2025)Production profileCapital Costs 2019 to 2025 (US$ million)Capital Costs 2031 to 2038 (US$ million)Operating Costs 2026 to 2034 (US$ million)Annual gas pricesCash Flow (US$)PV Table (US$)
- 10 more item(s)...
What's included
This report contains:
