Verbier appraisal under way
Jersey Oil & Gas, an independent oil and gas company on the UKCS, has announced that drilling of well 20/05b-14 in P2170 has started. Initial operator estimates of gross recoverable…
Posts by Liesbeth Breesch
Oil discovery next to Visund
Exploration well 34/8-18S in PL 120 was drilled by Equinor and partners Petoro, ConocoPhillips and Repsol from the Visund A platform with the Early Jurassic Statfjord Group as target. The…
North Sea production is growing again
Rystad Energy has identified three key drivers for the expected production growth: production itself, breakeven prices for new projects and total spending. Production evolution The production in the North Sea…
Marathon Oil exits UK
Marathon Oil and RockRose Energy have entered into a purchase agreement for the sale of Marathon Oil UK and West of Shetland. Marathon Oil thereby exits the UK continental shelf.…
Side-track on Colter prospect
Corallian Energy, operator in license P1918, just south of the Wytch Farm field, started drilling well 98/11a-6 in the beginning of February (“Colter well has spudded”) and has now announced…
Downsizing in Wintershall DEA
BASF and LetterOne decided in September 2018 to merge their oil and gas companies Wintershall and DEA. Closing of the transaction is expected quite soon in the first half of…
Cara developed as Duva
Neptune Energy, together with partners Idemitsu, Wellesley Petroleum and Pandion Energy submitted their Plan for Development and Operation for Duva to the NPD. Duva’s recoverable resources are estimated to be…
Sub-volcanic play in the Central North Sea?
Researchers from the University of Aberdeen have revisited the seismic data and wells in the area of the Rattray Volcanics in the central North Sea and concluded there is the…
Is there a future for UK shale gas?
INEOS announced the successful results of recent tests in the Bowland shale at Tinker Lane, Nottinghamshire. Together with partner iGas, INEOS found very high concentrations of gas, comparable (and in…
Poor reservoir in Brasse Appraisal
The results of the Brasse East exploration well and Brasse Appraisal side-track were announced already in January by operator Faroe Petroleum (Read “No oil in Brasse East”). In summary the…
8.3 billion Scm left on the NCS
The Norwegian Petroleum Directorate (NPD) estimates that the total proven and unproven petroleum resources on the Norwegian Continental Shelf is about 15.6 billion standard cubic metres of oil equivalents at…
Oil still important in 2040
BP published its yearly energy outlook in which the company explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. Most of…