Asset report

Vega

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Report summary

The Vega heavy oil field lies 20 kilometres offshore southern Sicily in a water depth of 130 metres. Vega has been developed with a steel drilling and processing platform and a mooring structure to a floating storage unit (FSO) for offloading. The crude is then exported by shuttle tanker. The field has been producing since 1987 and is well into its decline phase. A second development Vega B is planned for the field. This will involve the installation of a second unmanned platform ...

What's included

This report contains

  • Document

    Vega

    PDF 6.42 MB

  • Document

    Vega

    XLS 566.00 KB

  • Document

    Vega

    ZIP 6.90 MB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
  • Costs
  • Sales contracts
  • Fiscal and regulatory
  • Economic assumptions
  • Economic analysis

Tables and charts

This report includes 21 images and tables including:

Images

  • Index Map
  • Vega Map
  • Vega Production Profile
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining Present Value Price Sensitivities

Tables

  • Key facts: Table 1
  • Participation: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Development: Table 1
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • (US$ million)
  • Economic analysis: Table 2
  • Economic analysis: Table 3

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