Asset Report
Forties Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Forties Area comprises the Forties field and four tie-backs: Aviat, Bacchus, Maule and Tonto. The fields are located in the Central North Sea, 30 kilometres south of the Britannia field.Forties has been developed using five fixed steel production and drilling platforms ('Alpha', 'Bravo', 'Charlie', 'Delta', and 'Echo'). The development also includes a minimum facility satellite platform (MFSP) and the Forties Alpha Satellite Platform ...
Table of contents
- Summary
-
Key Issues
- Apache slashes UK investment and could cease production, before 2030
- Decommissioning likely to occur in a phased manner over a 10 to 12 year period
- Forties Pipeline System to move to opex share
- Forties Pipeline System participation
- Forties Area participation
- Maule
- Tonto
- Historical exploration
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Key development metrics
- Wells
- Forties
- Bacchus
- Maule
- Tonto
- Subsea
- Bacchus
- Aviat
- Platforms
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Secondary recovery
- Water injection
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Capital costs
- Aviat
- Bacchus
- Forties
- Maule
- Tonto
- Forties Area decommissioning costs
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Operating costs
- Forties Area operating costs
- Cash flow
- Global Economic Model (GEM) file
- Aviat
- Bacchus
- Forties
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
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Platform SummaryPlatform SummaryCapital Costs 2026 to 2034 (US$ million)
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Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining Present Value Price SensitivitiesCash flow (US$ million)Cash flow PV (£ million)
- 45 more item(s)...
What's included
This report contains:
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