Asset Report
Schiehallion Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Schiehallion Area is located 140 kilometres West of Shetland and incorporates the Schiehallion, Loyal and Alligin fields. Schiehallion and Loyal were sanctioned in 1996 and were developed with a floating production, storage and offloading (FPSO) vessel. Six drill centres were tied back to the FPSO. Loyal is a subsea satellite to Schiehallion. Although now mature, the Schiehallion Area is still a core part of BP and Adura's portfolios with significant reserves remaining.
Table of contents
- Summary
-
Key Issues
- Ongoing drilling campaign helps maximise production
- Ongoing risk of production performance issues due to harsh environment
- Field life extension work
- The Glen Lyon FPSO could host a Foinaven redevelopment
- The FPSO will become gas deficient by 2027
-
Emissions
- Schiehallion
- Loyal
- Alligin
-
Subsea
- Glen Lyon FPSO
- Drilling
- Gas export
-
Capital costs
- Schiehallion
- Loyal
- Alligin
-
Decommissioning costs
- Schiehallion (2013-2016)
- Schiehallion Area (2036-2051)
-
Operating costs
- Schiehallion
- Loyal
- Alligin
- Cash flow
- Global Economic Model (GEM) file
- Alligin
-
Loyal
- Schiehallion
Tables and charts
This report includes the following images and tables:
-
Cash Flow (US$)PV Table (US$)Summary Table (US$)
-
Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining Present Value Price SensitivitiesCash flow (US$ million)Cash flow PV (US$ million)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - Undiscounted
- 29 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Dvalin Area
Dvalin is a high pressure, high temperature (HP/HT) gas field in the Norwegian Sea.
$5,280
Asset Report
D6 Area
The D6 block consists of the Dhirubhai 1&3 gas field and a number of satellite fields in the Krishna-Godavari Basin, off the east …
$3,720
Asset Report
Fenris Area
The Fenris Area includes two high pressure/high temperature (HP/HT) gas condensate fields approximately 20km north of the Ekofisk Complex.
$5,280
