Asset Report
Magnus Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Magnus Area includes the huge Magnus oil and gas field and Magnus South, which are among the most northerly fields in the UK North Sea. Magnus was developed via a large steel platform, with Magnus South tied back to the main facilities. Magnus South ceased production in 2013, and the wells were plugged and abandoned in 2017.An enhanced oil recovery (EOR) programme at Magnus started in 2002, utilising both gas and water injection. To support the miscible gas injection (MGI) into the ...
Table of contents
- Summary
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Key Issues
- Accelerated decommissioning at Ninian could adversely impact Magnus
- Drilling and recovery enhancing work continues at Magnus
- EnQuest picks up CCS licenses at Magnus
- Enhanced oil recovery (EOR) increased reserves
- Magnus
- Magnus South
- Emissions
- Wells
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Platform
- Produced Water Re-injection scheme (PWRI)
- Subsea Water Injection Facilities Tie-back (SWIFT)
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Enhanced Oil Recovery (EOR)
- Water Injection
- Miscible Gas Injection (MGI)
- Sullom Voe Terminal
- Magnus South
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Capital costs
- Magnus
- Magnus South
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Decommissioning costs
- Magnus Area
- Operating costs
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
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Production (2015-2024)Magnus Area production profilePlatform summary
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Pipeline summaryOperating Costs 2025 to 2034 (US$ million)Annual gas pricesCash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026
- 19 more item(s)...
What's included
This report contains:
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