What is the current status of the Beauly & Burghley asset?
The Beauly & Burghley subsea fields achieved cessation of production (CoP) effective 28th November 2020.
Who owns the Beauly & Burghley area facilities?
Beauly subsea field: 60% Repsol Sinopec North Sea Limited, 40% Rockrose UKCS4 Limited.
Burghley subsea field: 29.895% Repsol Sinopec North Sea Limited, 7.0841% Repsol Sinopec Beta Limited, 41.1006% Rockrose UKCS4 Limited, 21.9203% Neo Energy Petroleum Limited.
What is the history of Beauly & Burghley?
The Beauly field was discovered in 1998 and first oil was achieved in 2001.
The Burghley field was discovered in 2005 and commenced production in 2010.