Asset Report
Solan
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Solan oil field lies 150 kilometres west of the Shetland Islands and 35 kilometres south of the Schiehallion field. Solan has significantly underperformed against initial expectations and the project has been value destructive. It was sanctioned in 2011 and brought onstream in 2016. Reservoir heterogeneity and restricted water injection rates led to poor production. Reserves have decreased by almost 70% from the 40 million boe announced when sanctioned.Solan is located in shallower ...
Table of contents
- Summary
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Key Issues
- Decommissioning scope
- Contract awards
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Plug and abandonment
- Wells
- Platform
- Subsea storage
- Capital costs
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Decommissioning costs
- Tax relief
- Decommissioning security
- OSPAR regulations
- Cash flow
- Global Economic Model (GEM) file
Tables and charts
This report includes the following images and tables:
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Reserves (2P) at 01/01/2026Production (2016-2020)Production profile
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Capital Costs Pre-2011 to 2012 (£ million)Capital Costs 2026 to 2032 (US$ million)Index mapSolan mapParticipationPlatform summary
What's included
This report contains:
