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Report summary

Miskar is a gas field located in the Gulf of Gabes operated by BG. The field was discovered in 1975 but remained undeveloped until BG brought it onstream in 1996 when a local gas market had been established. Gas is produced from the field via three offshore platforms and piped onshore to the BG operated Hannibal gas processing plant. Miskar gas is of poor quality and as such requires significant processing as it has a high content of H2S carbon dioxide and nitrogen. BG has a gas sales contract with the Tunisian state electricity and gas company Société Tunisienne de l'Electricité et du Gaz to supply gas from Miskar on a long term basis. Condensate is piped from the Hannibal GPP to the La Skhira port for export. The development licence expires in 2022. We anticipate BG will apply for an extension but our valuation only includes reserves which will be produced up to 2022.

What's included

This report contains

  • Document


    PDF 3.60 MB

  • Document


    XLS 697.00 KB

  • Document


    ZIP 4.19 MB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
  • Costs
  • Sales contracts
  • Fiscal and regulatory
  • Economic assumptions
  • Economic analysis

Tables and charts

This report includes 26 images and tables including:


  • Index Map
  • Miskar Map
  • Production Profile
  • Production Profile - post contract expiry
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
  • Remaining Present Value Price Sensitivities


  • Key facts: Table 1
  • Participation: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Infrastructure: Table 1
  • Sales contracts: Table 1
  • Cash Flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Fiscal and regulatory: Table 1

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