Only traces of gas in Balcom
The Eocene Frigg Formation was the target of exploration well 25/1-13 in PL 871. The well encountered a 50m thick Frigg Formation of which 10m sandstones of good reservoir quality.…
Posts by Liesbeth Breesch
Exploring near Edvard Grieg
Exploration well 16/1-31 S and A is a dual branch well targeting both the Jorvik and Tellus East prospects on the eastern side of the Edvard Grieg field in PL338…
Securing extra volumes for Dvalin
DEA announced a deal with Edison and Petoro to align the partners and equities in PL 211 with the Dvalin license PL 435 in order to simplify a future development.…
More production from the UKCS
The “Projections of UK Oil and Gas Production and Expenditure Report” published by the OGA, expects that UK oil and gas production over the period 2016–2050 is reaching 3.9 billion…
Common sense or a bad example?
Norway’s Minister of Finance Siv Jensen announced on Friday that the Norwegian sovereign wealth fund (known as the Government’s pension fund) will not invest anymore in companies whose only activities…
Colter side-track disappoints
Reabold Resources announced that the Corallian operated side-track operation at the Colter well has been completed. As previously reported (“side-track on Colter prospect”) the fault between the Colter and the…
Premier further develops Catcher area
In its 2018 Full Year Results, Premier Oil announces a record production of 80.5 kboepd of which 46.8 kboepd from UK assets. Highlights from Premier’s UK activities are the increase…
EPIM and Norwegian Oil and Gas Association merging
EPIM and the Norwegian Oil and Gas Association have signed a letter of intent to integrate both organisations from medio 2019. Also, Geodata Trade Operator (GTO) will be part of…
RockRose to expand its North Sea activities
RockRose Energy announced that it has approached the board of directors of Independent Oil and Gas (‘IOG’) with a proposal for an all cash takeover offer for IOG. The proposal…
Europe and North America not contributing to growth in sanctioned volumes
Oil and gas market analyst Rystad Energy is expecting a rise in 2019 of final investment decisions (FID’s) on new petroleum projects (excluding shale and tight oil and gas prospects)…
Testing Presto on the Måløy Slope
The Presto prospect in PL 885 (Equinor operator 20%, Cairn 30%, Wellesley 30% and Petoro 20%) targets the Early Cretaceous Agat Play on the Måløy Slope. According to partner Cairn…
A new look at stranded discoveries
Petro.no published an overview from the NPD of the 23 discoveries and fields that are included in new licenses from the APA 2018 awards. Some of these discoveries, which were…