subject: Andrew Unit, United Kingdom, Commercial Asset Valuation And Forecast To 2025 - Aarkstore Enterprise [print this page] Aarkstore announce a new report "Andrew Unit, United Kingdom, Commercial Asset Valuation and Forecast to 2025 " through its vast collection of market research report.
Andrew Unit, United Kingdom, Commercial Asset Valuation and Forecast to 2025 - The Andrew Unit is an offshore gas Unit located in the blocks 16/27a and 16/28 in the Central Area of the UK North-Sea. It is located 230 kilometers north east of Aberdeen, the coastal city in the United Kingdom, in around 100 meters deep water. BP PLC is the operator of the Unit. The Andrew field was discovered in June 1974. ConocoPhillips further appraised the field in 1975. The Andrew Field produces crude oil and associated natural gas from its Paleocene rock reservoirs in the block.
BP Exploration Operating Company Limited (a subsidiary of BP PLC) is the major equity holder in the Andrew Unit with 62.75%. The other partners include Eni TNS Limited, Nippon Oil Exploration And Production UK Limited and Talisman North Sea Limited.
The Andrew field also comprises a small gas reserve located just beneath the Andrew platform which was appraised and is estimated to start production from 2010. It is known as Lower Cretaceous reserve.
Andrew produces crude oil with associated natural gas. The API gravity of the crude oil is 40 API. The Lower Cretaceous produces natural gas and condensate.
The Andrew Unit produced 3.4 million barrels (Mmbbls) of crude oil and 3.0 billion cubic feet (Bcf) of associated natural gas during 2009. The owners of the unit are redeveloping the Lower Cretaceous and are expecting a new peak for the gas production in 2015.
The life of Andrew Unit was estimated to be around 29 years with complete abandonment during 2025. The unit is expected to generate $5.8 billion in revenues (undiscounted) during its remaining life (starting January 1, 2010) and is expected to yield an IRR of around 24.96%.
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), Entitlement Production (EP) and Working Interest (WI) to enhance your decision making process.
- 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 countrys fiscal policies impact the cash flows and the present value of the asset
