Author: Press Release

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UKCS: Disappointment for Cairn, Success for Premier

UKCS: Disappointment for Cairn, Success for Premier

Tolmount East The 42/28d-14 well located in P1330, Block 42/28d (Premier 50% operated interest) UK Southern Gas Basin, was targeting 38 MMboe (P50 [...]
NCS: Dry for Repsol, Hit for PGNiG

NCS: Dry for Repsol, Hit for PGNiG

Kathryn prospect – 9/2-12 The objective of the well was to prove petroleum in Middle Jurassic Sandnes formation. Well 9/2-12 encountered about 130 [...]
Neptune acquires Edison’s portfolio

Neptune acquires Edison’s portfolio

The portfolio includes: Glengorm gas condensate discovery (25% WI) in the UK’s Central North Sea, close to Neptune’s operated Seagull Glengorm is [...]
UKCS: 3 more years for Chestnut

UKCS: 3 more years for Chestnut

With investments of up to £140 million, drilling the fourth production well at Chestnut will kick-off before the end of 2019. This follows a similar i [...]
NCS: First-ever platforms powered by a floating offshore wind farm

NCS: First-ever platforms powered by a floating offshore wind farm

Equinor and the Snorre and Gullfaks partners have made a final investment decision for the offshore wind farm development, that will supply electricit [...]
NCS: Extended life for Alve

NCS: Extended life for Alve

Consent for operation of the Alve field expires on 31 December 2021. In order to recover the remaining reserves from the field, Equinor received conse [...]
NL: Solo Oil marks its presence in the Netherlands

NL: Solo Oil marks its presence in the Netherlands

The consideration for the proposed transaction comprises an upfront payment of €30.1 million, plus a future deferred payment of €2.0 million upon firs [...]
UKCS: Dana Petroleum applies for Platypus development

UKCS: Dana Petroleum applies for Platypus development

Dana Petroleum sent a letter of application to the OGA for the development of the Platypus field as following: The primary nature of the project [...]
UKCS: Hibiscus Petroleum secures Crown

UKCS: Hibiscus Petroleum secures Crown

The blocks include the Crown discovery (Palaeocene Balmoral Sandstones) which consists of  2C  contingent resources that range between 4 to 8 MMboe, s [...]
First oil from the Johan Sverdrup

First oil from the Johan Sverdrup

Nine years after the field was proven, production commenced on Saturday from the North Sea giant, Johan Sverdrup. 24/7, for the next 40 years, oil fro [...]
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