Asset Report
Seagull
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Seagull high pressure/high temperature (HP/HT) field lies in the Central North Sea, 17 kilometres south of the ETAP (BP) Central Processing Facility (CPF). Although discovered in 1992, it reached final investment decision (FID) in 2019.Seagull is being developed as a four-well subsea tie-back to the BP-operated ETAP hub. Neptune Energy operated the development phase. As agreed, upon first oil, field operatorship transferred to BP.First production was initially expected in October 2021, ...
Table of contents
- Summary
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Key Issues
- Ithaca Energy acquires JAPEX's UK business
- Production has not performed as expected
- Operating cost shares
- Drilling
- Subsea
- Capital costs
- Decommissioning costs
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Operating costs
- Emissions Trading Scheme (ETS)
- Cash Flow
- Global Economic Model (GEM) file
- Cash Flow
- Cash flow (US$ million)
Tables and charts
This report includes the following images and tables:
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Pipeline summaryCapital Costs 2019 to 2024 (£ million)Capital Costs 2036 to 2041 (£ million)
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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 PV Price SensitivitiesCash Flow (Local Currency)PV Table (Local Currency)
- 10 more item(s)...
What's included
This report contains:
