New major player on the NCS
Vår Energi, the company joining Point resources and Eni Norge, is officially established today and forms now one of the largest E&P companies on the Norwegian continental shelf, with a…
Posts by Liesbeth Breesch
Divesting interests in 3 wells
Azinor Catalyst has announced that it has received a Letter of Intent for the acquisition of material non-operated interests in three exploration wells planned for 2019 on Catalyst’s Boaz, Goose…
Spirit Energy operator of the Babbage field
In April 2018 Premier Oil announced the sale of its interests in the Babbage Area to Verus Petroleum. The deal included a 47% interest in the Babbage gas field, a…
Time to be optimistic?
A panel of professionals representing the oil and gas companies, service companies, the financial sector and academia debated the question “is it time to be optimistic?” and the future for…
First oil less than 8 months after discovery
Apache Corporation announced it has initiated production from its Garten development on Block 9/18a Area-W on the UKCS. The discovery well, which is located 6 kilometres south of the Beryl…
Integration is the key to success
At NPD’s well attended Exploration Technology Seminar, Graeme Bagley, Associate, Global Exploration Research at Westwood Global Energy Group presented a new report on “Advances in Exploration Technology and Geosciences –…
Tie-back to Oda?
In a press release Faroe Petroleum announced that operator Spirit Energy has started drilling exploration well 8/10-7S within the PL405 Oda license. The partners in PL405 licence are Spirit Energy…
Faroe swaps assets with Equinor
Faroe has announced in a press release that the company has signed an agreement with Equinor Energy AS to swap its interests in the Njord, Hyme redevelopment and Bauge development assets…
Trell, Trine, Alve N and Rind to Aker BP
Aker BP came to an agreement with Total E&P at the end of July to acquire a portfolio of 11 licenses on the NCS. The closing of the transaction has…
4.1 Bboe Yet-to-Find on UKCS
Paul Herrington, Exploration Portfolio Manager at OGA explained at the 2nd NCS Exploration Strategy Conference in Stavanger the workflow behind these numbers, which are reported in the UK Oil and Gas…