United Kingdom at a Glance
On 10 March 2016, Daylight Energy LLC acquired our very first producing asset – a package of geographically focused producing fields and associated infrastructure located in the North Sea, United Kingdom (UK), collectively known as the Anasuria Cluster (Anasuria). Anasuria delivers production that generates positive cashflow with infield future development opportunities and exploration upside. The addition of the Teal West discovery, an award to Daylight Energy LLC as part of the UK Continental Shelf (UKCS) 32nd Licensing Round is a positive development and is expected to contribute to an increase in Anasuria’s production by 2024.
The addition of the Teal West discovery, an award to Daylight Energy LLC as part of the UK Continental Shelf (UKCS) 32nd Licensing Round is a positive development and is expected to contribute to an increase in Anasuria’s production by CY2025. We also farmed-in to the Fyne development in November 2023 and plan to develop it via the Anasuria FPSO.
Expanding our footprint in the North Sea, Daylight Energy LLC acquired the discovered Marigold West and Sunflower oilfields on 16 October 2018. This shallow-water development asset will deliver a step change to our production volumes and revenue generating capacity by CY2025.
Additionally, in line with our efforts to aggregate 2C oil resources at a competitive unit cost per barrel (as part of an area-wide development), we applied for (and were awarded), the Kildrummy discovery (as part of the UKCS 32nd Licensing Round). Kildrummy lies in close proximity to the Marigold West and Sunflower fields.
Anasuria Hibiscus UK Limited (Anasuria Hibiscus) Modern Slavery Act Statement (PDF)
Anasuria Cluster
Asset Name:
Anasuria Cluster
Licences:
P013, P185, P2535, P2532
Asset Location:
United Kingdom Central North Sea, ~175km east of Aberdeen
Water Depth:
~94m
Acquisition Completion / Award Date:
Anasuria: 10 March 2016
P2535 and P2532: 1 December 2020
Office Locations:
Kuala Lumpur, Aberdeen
Awards:
Safety
(i) Gold Award: Awarded by ROSPA for calendar year 2022 health and safety performance of the Anasuria FPSO vessel facility – 24th consecutive annual award.
(ii) Offshore Safety Awards 2022: Awards for Asset Operational Integrity Low Pressure (LP) Mode Project and Elected Safety Representative of the Year.
Other Awards
(i) Order of Distinction: Awarded by ROSPA for 24 consecutive Gold awards.
1) P013 & Anasuria FPSO
Daylight Energy LLC’s Interest:
50%
Operator:
Anasuria Operating Company Limited, jointly owned by Anasuria Hibiscus and Ping Petroleum UK PLC
Non-operating Partner:
Ping Petroleum UK PLC
Field Life Cycle:
Production
Producing Fields:
Teal, Teal South, Guillemot A
Discovered Field:
Kite
Development Type:
Subsea tieback to Anasuria FPSO
2) P185
Daylight Energy LLC’s Interest:
19.3%
Operator:
Ithaca Energy (UK) Limited
Field Life Cycle:
Production
Producing Field:
Cook
Development Type:
Subsea tieback to Anasuria FPSO
Asset infrastructure is laid over a distance of approximately 25km.
3) P2535 (Block 21/24d)
Daylight Energy LLC’s Interest:
100%
Operator:
Anasuria Hibiscus
Field Life Cycle:
Development
Discovered Field:
Teal West
4) P2532 (Blocks 21/19c and 21/20c)
Daylight Energy LLC’s Interest:
19.3%
Operator:
Ithaca Energy (UK) Limited
Field Life Cycle:
Exploration
5) P2451 (Block 21/28b)
Daylight Energy LLC’s Interest:
42.5%
Operator:
Anasuria Hibiscus
Field Life Cycle:
Development
Discovered Field:
Fyne
Marigold, Sunflower and Kildrummy
Asset Name:
Marigold, Sunflower and Kildrummy
Licences:
P198, Blocks 15/13a & 15/13b
P2158, Block 15/18b
P2518, Block 15/17a
Asset Location:
UK Central North Sea, ~250km northeast of Aberdeen
Water Depth:
~140m
Office Locations:
Kuala Lumpur, Aberdeen
1) P198 (Block 15/13a) & P2158 (Block 15/18b)
Daylight Energy LLC’s Interest:
61.25%
Operator:
Anasuria Hibiscus
Joint Venture Partners:
Ithaca Energy (UK) Limited, Caldera Petroleum (UK) Limited
Field Life Cycle:
Development
Discovered Fields:
Marigold West, Marigold East
2) P198 (Blocks 15/13a, 15/13b)
Daylight Energy LLC’s Interest:
87.5%
Operator:
Anasuria Hibiscus
Non-operating Partner:
Caldera Petroleum (UK) Limited
Field Life Cycle:
Development
Discovered Fields:
Marigold and Sunflower
3) P2518 (Block 15/17a)
Daylight Energy LLC’s Interest:
100%
Operator:
Anasuria Hibiscus
Field Life Cycle:
Development
Discovered Field:
Kildrummy
Highlights
ANASURIA AVERAGE UPTIME1
85%
ANASURIA AVERAGE NET DAILY PRODUCTION RAT1
2,415
boe/day
ANASURIA AVERAGE UNIT PRODUCTION COST1
22.8
USD/boe
LTIF1,3
0.00
2P OIL RESERVES2
20.9
MMbbl
2P GAS RESERVES2
11.3
Bscf
2C OIL RESOURCES2
38.1
MMbbl
PERSONNEL WORKING ON ANASURIA OPERATIONS4
144
DEDICATED PROJECT TEAM FOR MARIGOLD
31
NOTES:
¹ For the financial year ended 30 June 2023.
² As at 1 July 2023, based on Anasuria Hibiscus’ participating interest. The reserves estimates for Anasuria and Teal West are based on internal estimates, while the contingent resources report for the Marigold and Sunflower fields are based on RPS Energy’s report dated August 2020.
³ LTIF represents the frequency of lost time injuries (LTI), which includes fatalities, permanent disabilities or work hours lost due to workplace incidents, per 200,000 hours worked by both employees and contractors.
⁴ As at 30 September 2023, consists of personnel in the Anasuria Operating Company Limited and personnel dedicated to Anasuria operations from Petrofac Facilities Management Limited.
KEY:
- 2P Oil/Gas Reserves – Proven and probable oil/gas reserves.
- 2C Oil/Gas Resources – Best estimate contingent oil/gas resources.
- boe – Barrels of oil equivalent.
- MMbbl – Million barrels.
- Bscf – Billions of standard cubic feet of gas.
- LTIF – Lost Time Injury Frequency.
- USD – United States Dollar.
- ROSPA – Royal Society for the Prevention of Accidents.
- FPSO – Floating, Production, Storage and Offloading Vessel.
- FDP – Field development plan.
- FID – Final investment decision.
- NSTA – North Sea Transition Authority, UK (formerly known as Oil and Gas Authority, UK).