Asset Report
Lancaster
Report summary
The Lancaster field is located in the UK's West of Shetland area, around 17 kilometres south of the Schiehallion field, and on the same geological trend as the giant Clair field. It is a fractured basement field which is a new play-type for the UK.The field was discovered by Shell in 1974 and appraised in 2009/10, 2014 and 2016/17 by Hurricane Energy. The operator, Hurricane Energy, took FID in September 2017. First oil was produced on 4 June 2019. The field was developed as an Early ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
-
Exploration
- Lancaster field
- Nearby discoveries
- Reserves and resources
- Production
-
Development
-
Early Production System
- Contractors
- Full field development
-
Early Production System
- Infrastructure
-
Costs
- Operating costs
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 24 images and tables including:
- Key facts: Table 1
- Index map
- Lancaster 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 profile
- Capital costs
- Decommissioning costs
- Cash flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2023
- Remaining PV Price Sensitivities
- Economic analysis: Table 4
- Economic analysis: Table 5
- Economic analysis: Table 6
- Costs: Table 3
- Development: Table 1
What's included
This report contains:
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