Asset Report
Harding Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Harding Area lies in the Northern North Sea's Quad 9 region, 20 kilometres south of the Beryl field and near the UK/Norway border.Harding began production in 1996 and was developed using the jack-up TPG-500, which provides drilling, production and processing facilities. A concrete gravity-based sub-structure stores the produced oil. Shuttle tankers export oil from the Harding platform, which is now in its late-decline stage.
Table of contents
- Summary
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Key Issues
- Quad 9 gas blowdown: equity consolidation unlocks long-stalled project
- Decommissioning of platform and derogation for removal of concrete base
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Future development
- Quad 9 gas blowdown
- Platform
- Development drilling
- Secondary recovery
- 'Headroom' debottlenecking project
- Capital costs
- Decommissioning costs
- Operating costs
- Cash flow
- Cash Flow
- Cash flow (US$ million)
- Cash Flow (£ million)
Tables and charts
This report includes the following images and tables:
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Capital Costs 2025 to 2030 (US$ million)Operating Costs 2018 to 2027 (US$ million)Cash Flow (US$)
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PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2027Remaining Present Value Price SensitivitiesCash Flow (Local Currency)PV Table (Local Currency)Summary Table (Local Currency)
- 11 more item(s)...
What's included
This report contains:
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