Serica aims to spud North Eigg exploration well in Q3 this year
The start of production from the Columbus development and an additional well coming on stream at the Rhum gas field have played out well for Serica, a UK North Sea…
Company news
Pandion Energy acquires ONE-Dyas Norway
The Nova field is expected to start production in the second half of 2022. The field is located in the northern part of the North Sea, and the development solution…
Could NEO consider a venture into exploration?
Multiple factors are pointing towards a greater likelihood of new North Sea entrant NEO to become more serious about exploration on the UK Continental Shelf. In a week when UK…
A strategic partnership to increase interdisciplinary subsurface understanding
The partnership will unite rock characterisation domain expertise with gaming visualisation technology and cloud-based analytics capabilities to deliver an integrated data-science platform for core and cuttings data visualisation, machine learning…
CGG Confirms 2022 Phase Three of Northern Viking Graben Dual-Azimuth Multi-Client Survey
CGG announced today phase three of its dual-azimuth multi-client 3D survey in the Northern North Sea. Starting in early May 2022 and continuing throughout the North Sea season, phase three…
The deal of the year?
Rumours about Equinor being interested in Lundin, Neptune looking for bids and Vår Energi considering a stock market float, there have been plenty of speculations around corporate restructuration plans recently.…
Hurricane and Spirit may not drill commitment well in 2022
In an announcement issued on Friday last week, Hurricane Energy writes that the company – together with JV partner Spirit Energy – has elected to continue its plans to suspend…
A consolidation in exploration
More than 1.2 billion barrels of reserves, low operating costs of around 3 $/boe, electrification of almost all operations and a breakeven cost of approximately 10 $/boe: Lundin Energy is…
Spirit Norway sold to Sval and Equinor
As this website joked this morning; British Gas owner Centrica should have enough money in the bank to cover the cost of a good Christmas party. The 69% shareholder of…
Shell withdraws from Cambo – a sigh of relief at Westminster?
“The economic case for investment is not strong enough at this time, as well as having the potential for delays,” a Shell spokesperson said in this BBC article published yesterday…
Equinor leaves Ireland following sale of stake in Corrib
In a press release issued yesterday, Equinor announced the sale of its 36.5% non-operated stake in the only producing gas field in Ireland – Corrib – to operator Vermillion. After…
APT and MGPalaeo in Australian oil and gas partnership
“To date, there has been very little innovation in how the oil industry treats gas and lithological data captured from wells being drilled. Typically, the data end up in a…