Naperville, IL -- (SBWIRE) -- 11/28/2014 -- Reportstack, provider of premium market research reports announces the addition of Sustained Low Oil Prices Threaten the Development of Northwest Europe's Frontier Basins market report to its offering.
Sustained Low Oil Prices Threaten the Development of Northwest Europe's Frontier Basins
Summary
The partners in the Johan Castberg and Rosebank fields are continuing to delay the announcement of their Final Investment Decision in order to spend more time maturing the design for their fields development concept. This is due to rising development costs, plummeting commodity prices, uncertainty over the resource base, and a lack of nearby commercial discoveries. In combination, these aspects threaten to severely hamper the development of both Norway and the UK's most promising oil and gas provinces: the Barents Sea and the West of Shetland.
Scope
- The effect of sustained low oil prices on the development of the West of Shetlands and Barents Sea
- The importance of the sanctioning of the Rosebank and Johan Castberg fields to permit the construction of infrastructure that will provide an export route for the regions hydrocarbons
- Basinal production scenario modelling and analysis through to 2030
- The short term to long term evolution of the West of Shetland and Barents Sea
Reasons to buy
- Understand the latest developments in the frontier West of Shetlands and Barents Sea
- The implications of the fall in oil prices on the regions development, and the oil prices required for project sanction
- Economic analysis of alternative development scenarios for the Johan Castberg field development
- The opportunities which may arise for IOC's operating in the region
Complete report is available @ http://www.reportstack.com/product/186660/sustained-low-oil-prices-threaten-the-development-of-northwest-europes-frontier-basins.html
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Roger Campbell
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