Asset Report

Glengorm

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The high pressure/high temperature (HP/HT) Glengorm field lies in the Central North Sea close to Gannet. CNOOC International discovered the field in 2019 and it was thought to be the largest gas discovery in the UK since Culzean in 2008. A disappointing appraisal resulted in a downgrade from the initial estimate of 250 mmboe. We classify Glengorm as a contingent resource.

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Resource uncertainty
      • Project timeline and development solution unclear
      • HP/HT challenges
      • Energy Profits Levy (EPL)
  • Location maps
  • Participation
  • Geology
  • Well data
  • Development
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Gas price
    • Carbon price
    • Exchange rate
    • GEM filename
    • Indicative technical valuations

Tables and charts

This report includes 7 images and tables including:

  • Key facts: Table 1
  • Index map
  • Detail map
  • Participation: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Economic analysis: Table 1

What's included

This report contains:

  • Document

    Glengorm

    PDF 4.31 MB

  • Document

    Glengorm

    XLS 272.50 KB