Magnus Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- A late life extension project is ongoing
- Planned 2023 shutdown completed ahead of schedule
- Enhanced oil recovery (EOR) continues
- Accelerated decommissioning at Ninian could adversely impact Magnus
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Magnus
- Magnus South
- Emissions
-
Development
- Key Development Metrics
-
Platform
- Produced Water Re-injection scheme (PWRI)
- Subsea Water Injection Facilities Tie-back (SWIFT)
- Drilling
-
Enhanced Oil Recovery (EOR)
- Water Injection
- Miscible Gas Injection (MGI)
- West of Shetland Fields
- Sullom Voe Terminal
- Magnus South
- Infrastructure
-
Costs
-
Capital costs
- Magnus
- Magnus South
- Decommissioning costs
- Operating costs
-
Capital costs
- Sales contracts
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 32 images and tables including:
- Key facts: Table 1
- Index map
- Magnus Area map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Infrastructure: Table 1
- Sales contracts: Table 1
- Production: Table 1
- Production: Table 2
- Magnus Area production profile
- Development: Table 1
- Costs: Table 4
- Costs: Table 5
- Costs: Table 6
- Cash flow (US$ million)
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining Present Value Price Sensitivities
- Cash flow (£ million)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Schematic of the Magnus EOR project
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
What's included
This report contains:
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