Asset Report
Greater Catcher Area
Report summary
The Greater Catcher Area is an FPSO development that includes the Catcher, Varadero, Burgman, Catcher North and Laverda fields. The development lies 20-kilometres southwest of Bittern, in the Central North Sea.The project was sanctioned in June 2014. The first three fields were developed with subsea wells, tied back to the leased Catcher FPSO. The newly-built FPSO, sailing from Singapore, arrived on location in October 2017. Production start-up was phased, with Catcher brought onstream in ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Operator postpones 2023 drilling campaign, blaming Energy Profits Levy
- Option to extend FPSO lease
- Upside from exploration and nearby field discoveries
- Decarbonisation - potential electrification of the Central North Sea
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
-
Emissions
- North Sea Transition Deal
-
Emissions
- Development
- Infrastructure
-
Costs
-
Capital costs
- Catcher
- Varadero
- Burgman
- Catcher North
-
Operating costs
- Emissions Trading Scheme (ETS)
-
Capital costs
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
-
Economic analysis
- Cash flow
Tables and charts
This report includes 31 images and tables including:
- Key facts: Table 1
- Index map
- Greater Catcher Area map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Greater Catcher Area production profile
- Development: Table 1
- Infrastructure: Table 1
- 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 01/01/2024
- Remaining PV Price Sensitivities
- Cash flow (£ million)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- Costs: Table 5
- Costs: Table 6
- Decommissioning costs
- Costs: Table 8
What's included
This report contains:
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