Asset Report

Victory

Get this report*

$3,720

You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

The Victory gas field lies in the West of Shetland basin, 45 kilometres northeast of Clair. Texaco discovered the field in 1977, but its size and lack of gas infrastructure hindered development. In 2022, Shell acquired 100% in Victory via its purchase of Corallian Energy. Corallian was awarded the licence in the 32nd offshore round in 2020. Shell took FID on Victory in January 2024. Victory will be a single subsea well tie-back to the Greater Laggan Area (GLA) gas infrastructure, via a new ...

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Victory's economics are very attractive
      • Energy Profits Levy (EPL) damages project economics
      • Victory could encourage other developments in the Greater Laggan Area
      • Upside in thinner sands to the northeast
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
    • Wells
    • Subsea
  • Infrastructure
    • Capital costs
    • Decommissioning costs
    • Operating costs
      • Emissions Trading Scheme (ETS)
  • 3 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Index map
  • Victory map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production profile
  • Infrastructure: Table 1
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • 9 more item(s)...

What's included

This report contains:

  • Document

    Victory

    PDF 4.58 MB

  • Document

    Victory

    XLS 711.50 KB