Asset Report

Western Isles Project

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The Western Isles Project comprised the Harris and Barra fields, in the northern North Sea. The fields were expected to be developed as four separate accumulations: Barra, Harris, Lewis and Uist. However, Harris and Lewis were later considered to be one field called Harris, while Barra and Uist became known as Barra. Harris and the much smaller Barra, were subsea tie-backs to a new-build cylindrical floating production, storage and offloading (FPSO) vessel. The vessel, designed by Sevan ...

Table of contents

  • Summary
    • Decommissioning ongoing
    • Options to re-deploy the FPSO still being assessed
    • FPSO
    • Subsea
    • Wells
  • Capital costs
  • Decommissioning costs
  • Operating costs
  • Cash Flow
  • Inflation rate
  • Oil price
  • Fiscal terms
  • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

    Capital Costs 2024 to 2030 (£ million)Operating Costs 2017 to 2024 (£ million)Cash Flow (US$)
    PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesCash Flow (Local Currency)PV Table (Local Currency)Summary Table (Local Currency)
  • 9 more item(s)...

What's included

This report contains:

  • Document

    Western Isles Project

    PDF 2.68 MB

  • Document

    Western Isles Project

    PDF 2.69 MB