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
-
Key Issues
- Ninian bypass project will ensure long-term export for Magnus liquids
- Drilling and enhanced recovery work continues
- EnQuest acquires 100% of Magnus cashflows
- Magnus
- Magnus South
- Emissions reductions
- Wells
-
Platform
- Produced Water Re-injection scheme (PWRI)
- Subsea Water Injection Facilities Tie-back (SWIFT)
-
Enhanced Oil Recovery (EOR)
- Water Injection
- Miscible Gas Injection (MGI)
- Sullom Voe Terminal
- Magnus South
-
Capital costs
- Magnus
- Magnus South
-
Decommissioning costs
- Magnus Area
- Operating costs
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
-
Production (2016-2025)Magnus Area production profilePlatform summary
-
Pipeline summaryOperating Costs 2026 to 2035 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2027Remaining Present Value Price Sensitivities
- 18 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Schiehallion Area
Schiehallion Area is located 140 kilometres West of Shetland and incorporates the Schiehallion, Loyal and Alligin fields. Schiehallion ...
$6,900
Asset Report
Kuatamlonmunai Area
The Kuatamlonmunai (KAM) JV operates the Konys and Bektas oil fields in central Kazakhstan. The project is 100%-owned by Chinese ...
$3,720
Asset Report
Gjøa Area
The Gjøa Area consists of three oil and gas fields 60 kilometres north of the Troll Øst field in the Northern North Sea.
$5,280
