Asset Report
Penguins
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Penguins is one of the most northerly fields on the UK continental shelf.It comprises a cluster of small oil, gas and condensate reservoirs ('A', 'C', 'D' & 'E') within a complex, heavily faulted structure. Penguins was initially developed via a subsea tie-back to the Brent 'Charlie' platform 60 kilometres to the south.Production ceased in 2021, in line with its host platform Brent 'Charlie' which is being decommissioned. However, there ...
Table of contents
- Summary
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Key Issues
- Value at risk from uncertain fiscal terms
- Potential for reserves growth and tie-backs
- Penguins expected to be a low emitter
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Redevelopment
- Wells
- FPSO
- Subsea
- Original development
- Capital costs
- Decommissioning costs
- Operating costs
- Cash Flow
- Global Economic Model (GEM) file
- Cash Flow
- Cash flow (US$ million)
- Cash flow (£ million)
Tables and charts
This report includes the following images and tables:
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Main pipeline summaryCapital Costs 2018 to 2026 (£ million)Decommissioning costs
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Operating Costs 2025 to 2034 (£ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining Present Value Price SensitivitiesCash Flow (Local Currency)
- 10 more item(s)...
What's included
This report contains:
