Asset Report
Greater Catcher Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Greater Catcher Area includes the Catcher, Varadero and Burgman fields. The development lies 20-kilometres southwest of Bittern, in the Central North Sea. The fields are tied-back to the leased BW Catcher FPSO. The project was sanctioned in June 2014. Catcher, Varadeo, and Burgman were developed with subsea wells, tied back to the FPSO. Production start-up was phased, with Catcher brought onstream in December 2017, Varadero in January 2018, and Burgman in May ...
Table of contents
- Summary
-
Key Issues
- Harbour Energy portfolio rationalisation
- Financial difficulties for JV partner impacting investment decisions
- Upside from exploration and nearby field discoveries
-
Capital costs
- Catcher
- Varadero
- Burgman
- Decommissioning costs
- Operating costs
- Cash flow
- Global Economic Model (GEM) file
- Cash flow
-
Catcher
- Burgman
- Varadero
Tables and charts
This report includes the following images and tables:
-
Capital Costs 2031 to 2035 (£ million)Operating Costs 2025 to 2030 (£ million)Cash Flow (US$)
-
PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesCash flow (US$ million)Cash flow PV (US$ million)Summary Table (US$)
- 25 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Norway Voring exploration basin
A detailed analysis of the Norway Voring exploration basin.
$2,800
Insight
Mediterranean Emission Control Area - implications for marine fuels and refining
This insight explores the impacts arising as a result of the Mediterranean Sea becoming an Emission Control Area in 2025
$900
Asset Report
Norway decommissioned fields
This analysis covers the decommissioned fields in Norway.
$3,720
