North Sea Gas Field Joint Venture
Project Overview
This opportunity involves a 30% ownership stake in a producing North Sea gas field with significant expansion potential. The current operator is seeking a joint venture partner to fund additional development wells and enhanced recovery systems. The field has been in production for 8 years with consistent output and well-understood geology. The partnership includes proportional production rights and representation in operational decision-making.
Key Features
- 30% ownership stake in proven gas field
- Current field production of 150 million cubic feet per day
- Expansion plans to increase production by 40%
- Established infrastructure and export routes
- Experienced operator with strong track record
Implementation Timeline
Scalability Options
- Option to increase stake in future funding rounds
- Potential for participation in adjacent field development
- Technology upgrades to improve recovery rates
Regulatory Considerations
All production licenses and permits in place. UK regulatory framework provides stable operating environment with clear procedures for joint ventures.
Market Potential
European gas market provides stable demand and pricing. Long-term supply contracts already in place with major utilities. Field economics remain strong even in conservative price scenarios.
Investment Details
Project Type
oil-gas
Investment Sought
$45,000,000 USD
ROI Estimate
16.8%
Status
Permitted
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