Two dry holes near Hod field
The NPD announced that operator Aker BP has concluded drilling appraisal well 2/11-12S and wildcat 2/11-12A in PL 033. The wells were drilled 1,5km southwest of the Hod field in…
Exploration
Private equity looking to sell
Many small oil and gas exploration companies on the UKCS and NCS are funded by private equity money and at some point, they want to sell again or list the…
Rungne: a nice try
Well 30/6-30 (read also “Faroe with technical discovery”) was drilled in PL 825 in the Northern Norwegian North Sea north of the Oseberg field. Location PL 825 and well 30/6-30…
Low expectations for Korpfjell Deep
At Exploration Revived Leif Bjørnar Henriksen from Equinor presented the results of the Korpfjell well 7435/12-1, which was the first well in the Barents Sea southeast. Up front the industry…
A discovery from the underworld
Hades/Iris was the largest discovery of 2018 off the coast of Mid Norway with potentially 245MMboe gas and condensate (read also “500MMboe in 2018”). Hades contains gas and condensate in…
Joint Faroe Islands-UK license round
According to FOIB, the Faroe Oil Industry Group, a proposal for a new round has now been laid before the Faroese parliament whereby the plan is to launch the Faroese…
No state aid
The EFTA Surveillance Authority (ESA) has finalised its preliminary examination of a complaint case concerning the Norwegian Petroleum Tax Act. ESA finds that the annual cash refund of the tax…
Chasing big prospects (N)W of Shetland
Siccar Point Energy is drilling two high potential wells during their 2019 drilling campaign: Blackrock and Lyon. Blackrock The blackrock prospect is part of license P 1830 140 km north-west…
60 to 130MMboe in Froskelår Main
Last month Aker BP announced the Froskelår oil and gas discovery (“oil and gas in Froskelår”) in well 24/9-14S in PL869 next to the Frosk discovery. Location of Froskelår Main…
Good connectivity in fractured carbonates
The estimated resources for Alta and Gohta remain unchanged (115-390 MMboe) for the moment while Lundin assesses the results from the Alta extended well test (well 7220/11-5S) and the Topseis…
Hydrocarbons in Gjøkåsen Deep?
Upstream writes on Monday that Equinor has confirmed that it has encountered hydrocarbons at the high profile Gjøkåsen Deep well in the southeastern Barents Sea. Equinor does not want to…
«We’ve drilled a volcano»
Well 6307/1-1S was drilled by Lundin Norway and finished in December 2018 (Read also “No reservoir no oil”). The target of the exploration well was the Silfari dome in the…