Asset Report
Western Isles Project
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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
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Summary
- Field development
- Decommissioning
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Key Issues
- Options to re-deploy the FPSO still being assessed
- Plug and Abandonment
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Field Infrastructure
- Subsea
- Wells
- FPSO
- Pipelines
- Capital costs
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Decommissioning costs
- Decommissioning liability
- Tax relief
- Decommissioning relief deeds
- Decommissioning security
- OSPAR regulations
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Reserves (2P) at 01/01/2026Western Isles Project production profileCapital Costs 2024 to 2030 (US$ million)
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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)
- 7 more item(s)...
What's included
This report contains:
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