Development and Production

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…

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…

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…

New production record in 2023

Bente Nyland, Norwegian Petroleum Directorate’s Director General, presented mostly good news from the Shelf in 2018. With great enthusiasm about the high activity she looked back at 2018 and showed…

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…

UK bouncing back

The last years have demonstrated the resilience of UKCS. Both production and production efficiency have increased. It is a matter of strategy.