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

  • Key facts
    • Summary
    • Key issues
      • Project sanction
      • Technologically challenging reservoir
      • Shell takes over operatorship
      • TotalEnergies pulls out of North Platte
      • Surrounding area exploration
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
  • Costs
  • Fiscal and regulatory
    • Cash flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Gas price
    • Global Economic Model (GEM) file
  • Economic analysis

Tables and charts

This report includes 20 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Field Map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Production Profile
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Cash flow
  • 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

What's included

This report contains:

  • Document

    Sparta (GB 959)

    PDF 5.27 MB

  • Document

    Sparta (GB 959)

    XLS 559.00 KB