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Follow on Google News | "Forties, United Kingdom, Commercial Asset Valuation and Forecast to 2025" PublishedNew Energy market report from GlobalData: "Forties, United Kingdom, Commercial Asset Valuation and Forecast to 2025"
Forties oil field is jointly owned by Apache North Sea Limited, Esso Exploration & Production UK Limited and Shell UK Limited. Apache North Sea Limited is the operator of the field with 97.14% interest. The field was initially owned by BP. But in 2003, it was acquired by Apache North Sea Limited at a price of $683 million. For Apache it costed $1.3 billion after including the Malaysian Government's take. Forties produces single product crude oil. It is a high quality product with API of 37 deg and is sweet due to low sulfur content. Apache North Sea Limited estimated the recoverable reserves of the field to be 2.82 billion barrels. It has produced 2.63 billion barrels of crude oil till 2009, with around 23 million barrels being produced in the year 2009. Because of the redevelopment plans of Apache North Sea Limited the field is estimated to produce till 2025. The peak production was around 184 million barrels in 1979, when the field supplied 25% of the UK's oil demand. Scope * The report provides detailed information on oil and gas production, infrastructure, reserves, geology, operator and equity partners and the latest fiscal terms applicable to the asset and provides its fair value (Remaining Net Present Value) based on remaining reserves, forecast production, capital and operational costs, fiscal regime and commodity prices. * The report also provides additional valuation parameters like Internal Rate of Return (IRR), Profitability Index (PI), Pay Back (discounted and undiscounted) * This report provides detailed sensitivity analysis of the remaining NPV with changes in the commodity prices, discount rate, production and key fiscal terms. * Detailed cash flows over the life of the asset are included in the report. These cash flows cover a wide range of calculations related to various payments to the government/licensing authority. * Interactive Excel models can be used to derive custom valuations, sensitivities and cash flows based on the specific inputs by the user in the model. These custom inputs vary from production data, cost information, price information and fiscal terms information. Reasons to buy * Make well informed investment decisions based on detailed operational analysis and cash flow forecasts * Estimate the fair value of your future investment under different economic and fiscal conditions * Value a prospective investment target through a comprehensive analysis using focused forecasting and valuation methodologies. * Supporting interactive excel model will enhance your decision making capability in a more rapid and time sensitive manner * Evaluate how the changes in the country's fiscal policies impact the cash flows and the present value of the asset For more information or to purchase this report, go to: - http://www.fastmr.com/ Partial Table of Contents: 1 Table of Contents 2 1.1 List of Tables 3 1.2 List of Figures 3 2 Forties, United Kingdom, Introduction 4 3 Forties, United Kingdom, Geology and Formations 6 4 Forties, United Kingdom, Equity Partners 8 5 Forties, United Kingdom, Crude Oil Reserves 9 6 Forties, United Kingdom, Key Fiscal Terms 9 6.1 Royalty 9 6.2 Bonuses 9 6.3 Rentals 9 6.4 Fees 9 6.5 Taxation 9 6.6 Petroleum Revenue Tax (PRT) 9 6.7 Deductions 10 6.8 Capital Allowance 10 6.9 Withholding Tax 11 6.10 Ring Fence 11 7 Forties, United Kingdom, Infrastructure 12 7.1 Upstream Infrastructure 12 7.2 Midstream Infrastructure 12 8 Forties, United Kingdom, Development Plan 13 9 Forties, United Kingdom, Crude Oil Production 14 10 Forties, United Kingdom, Field Economics 17 10.1 Forties, Economic Assumptions 17 10.1.1 Forecast Commodity Prices 17 10.1.2 Inflation 17 10.1.3 Discount Rate and Representation of Cash Flows 17 10.1.4 Sensitivity 17 10.1.5 Access to the Economic Model 17 10.2 Forties, United Kingdom, Cash Flow Analysis 18 10.3 Forties, United Kingdom, Remaining PV Sensitivity Analysis 19 10.3.1 Remaining NPV Sensitivity to Discount Rates 19 10.3.2 Remaining NPV Sensitivity to Change in Commodity Prices and Production 20 10.3.3 Remaining NPV Sensitivity to Petroleum Revenue Tax and Production Rate 21 11 Forties, United Kingdom, Summary Cash Flows 22 11.1 Forties, United Kingdom, Front End Load Due To Fiscal Policy 23 11.2 Forties, United Kingdom, Tax Liability 24 12 Appendix 25 12.1 Methodology 25 12.2 Coverage 25 12.3 Secondary Research 25 12.4 Primary Research 25 12.5 E&P Forecasts 26 12.6 Capital Costs 26 12.7 Exploration and Appraisal (E&A) Costs 26 12.8 Operating Costs 26 12.9 Expert Panel Validation 27 12.10 About GlobalData 12.11 Contact Us 12.12 Disclaimer 1.1 List of Tables Table 1: Forties, United Kingdom, Key Asset Data, 2010 5 Table 2: Forties, United Kingdom, Field Reserves, January 2010 10 Table 3: Forties, United Kingdom, Crude Oil Historic and Forecast Production, Thousand Barrels, 1975-2025 16 Table 4: Forties, United Kingdom, Commodity Price Assumptions, 2010-2025 18 Table 5: Forties, United Kingdom, Project Analysis Metrics, 2010 19 Full Table of Contents is available at: -- http://www.fastmr.com/ About GlobalData GlobalData is a leading provider of global business intelligence including market, competitor, product and customer information. It provides in-depth research, analysis, data and forecasts through a range of interactive online databases, reports and management briefings. GlobalData has a large team of experienced research and analysis, consulting, and marketing experts. It has a global presence, including key offices in the US, Europe and Asia. The group has over 50 years of experience of delivering market intelligence data and analysis and a highly experienced senior management team. View more research from GlobalData at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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