Asset Report
Greater Laggan 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 Laggan Area (GLA) comprises the Laggan, Tormore, Edradour, Glenlivet, Glendronach and Benriach fields. The fields lie in the West of Shetland basin, 30 to 40 kilometres from the Clair field.The deepwater Laggan field was discovered in 1986, but with no export route available, it remained undeveloped. Following TotalEnergies' discovery of Tormore in 2007, the partners in Laggan, Tormore and Rosebank agreed to construct the Shetland Islands Regional Gas Export (SIRGE) pipeline ...
Table of contents
- Summary
-
Key Issues
- Proposed sale of GLA assets to The Prax Group remains uncertain
- Production from Edradour remains offline
- Shetland Gas Plant capacity to be reduced
- Exploration results have been mixed, infill drilling offers upside
- Economics will be helped by Victory tie-back
- Recent exploration
- Historical exploration
- Early development
- 2 more item(s)...
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Laggan & Tormore
- Wells
- Subsea
- Edradour & Glenlivet
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Capital costs
- Laggan
- Tormore
- Edradour
- Glenlivet
- Decommissioning costs
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Operating costs
- Tariffs
- Emissions Trading Scheme (ETS)
- Cash flow
- Global Economic Model (GEM file)
- Laggan
- Tormore
- Edradour
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
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Pipeline SummaryCapital Costs 2033 to 2036 (US$ million)Cash Flow (US$)
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PV Table (US$)Summary Table (US$)Cash flow (US$ million)Cash flow PV (US$ million)Summary Table (US$)Cash flow (US$ million)Cash flow PV (US$ million)Summary Table (US$)Split of Revenues
- 20 more item(s)...
What's included
This report contains:
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