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


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

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 includes 3 file(s)

  • North Sea Project Tracker Key Highlights Q4 2016.pdf PDF - 185.99 KB
  • North Sea Project Tracker Presentation Q4 2016.pdf PDF - 1.25 MB
  • North Sea Project Tracker Q4 2016.xls XLS - 287.00 KB

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

In this report there is 1 table or chart, including:

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