Asset Report

Sparta (GB 959)

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Sparta (GB 959) is a large Lower Tertiary oil discovery in the Garden Banks protraction area. The reservoir could extend across blocks GB 915, 916, 958 and 959. The blocks were unitised effective 1 June 2016. The discovery is one of several successes in the Inboard Lower Tertiary trend, which will require 20-kpsi technology to develop and is thought to extend from Walker Ridge into Garden Banks, Keathley Canyon, and Green Canyon.

Table of contents

  • Summary
    • Project sanction
    • Technologically challenging reservoir
    • Shell takes over operatorship
    • TotalEnergies pulls out of North Platte
    • Surrounding area exploration
    • Unitisation
    • GB 959
    • GB 958
    • 8 more item(s)...
  • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2025
  • Remaining PV Price Sensitivities
  • Index Map
  • Field map
  • Participation
  • Reserves (2P) at 01/01/2025
  • 4 more item(s)...

What's included

This report contains:

  • Document

    Sparta (GB 959)

    PDF 2.07 MB