Asset report
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27 Pages

Forties


Forties

Report summary

Despite starting production in 1975 the Forties field continues to be one of the largest producers in the UKCS. In 2016, Forties was the fourth largest liquids producer in the UKCS.The Forties oil field has been developed using four main fixed steel production and drilling platforms, as well as a smaller minimal facilities steel platform. In addition to the production platforms, the Forties 'Unity' riser platform was installed in 1992 by BP, to act as a gathering point for liquids ...

What's included?

This report includes 2 file(s)

  • Forties PDF - 723.79 KB 27 Pages, 20 Tables, 8 Figures
  • Forties XLS - 873.00 KB

Description

Lower oil prices and a call for increased returns from shareholders has caused a subtle shift to occur in the upstream oil and gas industry. This shift is increasing investment opportunities and driving capital discipline.

In this Upstream Oil and Gas Field report you'll find information about participation, exploration, geology, reserves, production, infrastructure, cost, economics and much more.

For potential investors, governments and companies in the oil and gas sector, this report provides an understanding of critical issues at the field level. It will help give you a commercial view of the field and recognise potential benefits and risks.

Wood Mackenzie has over 40 years of experience in commercial analysis and field valuations. Our analysts produce forward-looking analyses, backed by our robust proprietary database of trusted research.

Covering more than 105 countries, we are the recognised gold standard in commercial data and analysis.

  • Key facts
  • Summary and key issues
    • Summary
    • Key issues
  • Location maps
  • Participation
    • Forties Unit Participation
    • Other Deals
  • Geology
  • Well data
  • Exploration
    • Brimmond
      • Near-field Exploration
  • Reserves and resources
    • Additional Upside
  • Production
  • Development
    • Key Development Metrics
      • Wells
      • Platforms
    • Forties Redevelopment
    • Platforms
    • Development Drilling
    • Secondary Recovery
      • Water Injection
      • Artificial Lift - gas lift and electric submersible pumps (ESPs)
      • Fibre Optic Link
  • Infrastructure
    • Forties Pipeline System (FPS)
  • Costs
    • Capital Costs
      • Decommissioning Costs
    • Operating Costs
  • Sales contracts
  • Fiscal and regulatory
    • Licensed in rounds 1 to 4
    • Brown Field Allowance
  • 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

In this report there are 28 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Index Map
    • Forties Map
  • Participation
    • Participation: Table 1
    • Participation: Table 2
  • Geology
    • Geology: Table 1
  • Well data
    • Well data: Table 1
  • Exploration
  • Reserves and resources
    • Reserves and resources: Table 1
  • Production
    • Production: Table 1
    • Production: Table 2
    • Forties Production Profile
  • Development
    • Development: Table 1
    • Development: Table 2
  • Infrastructure
    • Infrastructure: Table 1
  • Costs
    • Costs: Table 1
    • Costs: Table 2
    • Costs: Table 3
  • Sales contracts
  • Fiscal and regulatory
  • Economic assumptions
  • Economic analysis
    • 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 01/01/2017
    • Remaining Revenue Distribution (Discounted at 10% from 01/01/2017)
    • Remaining Present Value Price Sensitivities
    • Cash Flow (£ million)
    • Economic analysis: Table 5
    • Economic analysis: Table 6
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