Asset Report
Seagull
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, but operatorship transferred to BP when it brought the field online in November 2023, from two wells.First production was ...
Table of contents
- Key facts
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Summary and key issues
- Summary
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Key issues
- HP/HT reservoirs present production risks
- Eni acquires stake in Seagull via Neptune Energy acquisition
- Operating cost shares
- Decarbonisation - potential electrification of the Central North Sea
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
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Production
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Emissions
- North Sea Transition Deal
- Decarbonisation - potential electrification of the Central North Sea
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Emissions
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Development
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Drilling
- Subsea
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Drilling
- Infrastructure
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Costs
- Operating costs
- Fiscal and regulatory
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Economic assumptions
- Cash Flow
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Economic analysis
- Cash flow
Tables and charts
This report includes 25 images and tables including:
- Key facts: Table 1
- Index map
- Seagull map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production profile
- Infrastructure: Table 1
- Capital costs
- Decommissioning costs
- Costs: Table 3
- 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 Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Economic analysis: Table 4
- Economic analysis: Table 5
- Economic analysis: Table 6
What's included
This report contains:
