Asset Report
Pierce
Report summary
The Pierce oil and gas field is located in the Central North Sea, 22 kilometres to the east of the Culzean field. The field incorporates the Pierce South and Pierce North accumulations. It has been developed using a leased floating production, storage and offloading vessel (FPSO). The vessel is the Bluewater-owned and operated Haewene Brim (formerly known as Berge Hugin). Oil is exported via tanker loading. Produced gas was historically re-injected to maintain reservoir pressure. However, a ...
Table of contents
- Key facts
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Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
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Production
- Emissions
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Development
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Key development metrics
- Wells
- Historical development drilling
- Gas depressurisation project
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Key development metrics
- Infrastructure
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Costs
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Capital costs
- Phase I
- Phase II
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Operating costs
- Emissions Trading Scheme (ETS)
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Capital costs
- Fiscal and regulatory
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Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Carbon price
- Exchange rate
- Fiscal terms
- Global Economic Model (GEM) file
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Economic analysis
- Cash Flow
Tables and charts
This report includes 27 images and tables including:
- Key facts: Table 1
- Index map
- Pierce map
- 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
- Pierce production profile
- Infrastructure: Table 1
- Cash flow (US$ million)
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Present Value Price Sensitivities
- Cash flow (£ million)
- Economic analysis: Table 5
- Economic analysis: Table 6
- Development: Table 1
- Costs: Table 1
- Costs: Table 2
- Decommissioning costs
- Costs: Table 4
What's included
This report contains:
