Asset Report
Pierce
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Pierce oil and gas field lies in the Central North Sea, 22 kilometres east of Culzean. Pierce produces through a leased floating production, storage and offloading vessel (FPSO), the Bluewater-owned and operated Haewene Brim. The field comprises two reservoir compartments: Pierce North and Pierce South. Oil is exported via tanker. Produced gas was historically re-injected to maintain reservoir pressure. However, a gas depressurisation phase in 2023 has allowed gas to be sold. Gas is ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Wells
- Gas depressurisation project
- Infrastructure
-
Costs
-
Capital costs
- Phase I
- Phase II - Gas development
-
Operating costs
- Emissions Trading Scheme (ETS)
-
Capital costs
- Fiscal and regulatory
-
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
-
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
- Development: 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
- Costs: Table 1
- Costs: Table 2
- Decommissioning costs
- Costs: Table 4
What's included
This report contains:
