Insight

North Sea Project Tracker Q4 2016: 40 per cent cost savings in latest FID

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

Report summary

2016 has yielded five FIDs across the North Sea; all are subsea tiebacks as larger decisions continue to be deferred. Statoil’s Trestakk offers a clear example of the cost savings that are being achieved with estimates down nearly 40%. The Norwegian major also continues to reduce costs at its flagship Johan Sverdrup development – we estimate phases II-IV now breakeven at less than US$40/bbl.

What's included

This report contains

  • Document

    North Sea Project Tracker Key Highlights Q4 2016.pdf

    PDF 185.99 KB

  • Document

    North Sea Project Tracker Presentation Q4 2016.pdf

    PDF 1.25 MB

  • Document

    North Sea Project Tracker Q4 2016.xls

    XLS 287.00 KB

  • Document

    North Sea Project Tracker Q4 2016: 40 per cent cost savings in latest FID

    ZIP 1.41 MB

Table of contents

  • North Sea Project Tracker Q4 2016: 40 per cent cost savings in latest FID

Tables and charts

This report includes 1 images and tables including:

Images

  • North Sea Project Tracker Q4 2016: 40 per cent cost savings in latest FID: Image 1

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898