Asset Report

Harding Area

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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
    • Quad 9 gas blowdown project remains a possibility
    • Incremental oil projects cancelled
    • Decommissioning of platform and derogation for removal of concrete base
    • Quad 9 gas blowdown
    • Platform
    • Development drilling
    • Secondary recovery
    • The 'Headroom' debottlenecking project
    • Capital costs
  • Decommissioning costs
  • Operating costs
  • Cash flow
  • Global Economic Model (GEM) file
  • Cash Flow
  • Cash flow (US$ million)
  • Cash Flow (£ million)

Tables and charts

This report includes the following images and tables:

    Capital Costs 2025 to 2030 (£ million)Operating Costs 2025 to 2027 (£ 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 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:

  • Document

    Harding Area

    XLS 936.00 KB

  • Document

    Harding Area

    PDF 2.83 MB