Insight
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.
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:
- North Sea Project Tracker Q4 2016: 40 per cent cost savings in latest FID: Image 1
What's included
This report contains:
Other reports you may be interested in
Asset Report
Yusufeli (Tac-Corac) zinc mine project
A detailed analysis of the Yusufeli (Tac-Corac) zinc mine project.
$2,250
Asset Report
UK SGB other fields (sub-commercial)
Data on the fields we classify as sub-commercial is available below. Sub-commercial fields contain discovered resources that are ...
$3,100
Asset Report
Nigg Oil Terminal
The terminal at Nigg Bay was built in 1979 to accept Beatrice crude via pipeline, following government refusal to sanction offshore ...
$2,150