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…
Faroe Petroleum
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…
Oda on stream
Spirit Energy, operator of the Oda field has announced that it started producing from the Oda field almost 5 months earlier than planned and under budget with a 15% reduction…
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…
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…
High impact discovery renews interest in HPHT play
One of the four high impact discoveries is the Glengorm discovery in the UK North Sea by CNOOC (“Discovery in UK North Sea”), which is potentially the biggest since Culzean…
Revival of the injectite play
Several fields in the Norwegian and British part of the North Sea are producing from sand injectite reservoirs. Availability of broadband seismic data and successful production from earlier developments has…
More exploration around Hades/Iris
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”). OMV found gas and condensate in…
Cross-border exploration
Shell, Spirit Energy and Faroe Petroleum have been awarded PL 969 (blocks 1/6 and 1/8) over the Norwegian side of the cross-border Edinburgh prospect in the recent APA licensing round.…
DNO succeeds in hostile take-over
UPDATE 14th of January: DNO offer is now unconditional and DNO prepares to delist Faroe shares from AIM. 11th of January: DNO now owns or has acceptances for 76.49 percent of…
30% less reserves in Oda
Operator of the Oda field, Spirit Energy expects start-up for February or March. Estimated reserves are now 32.7 million boe of which 31.5 million bbls are oil. This is a…
No oil in Brasse East
In a press release Faroe Petroleum announces the results of the Brasse East exploration well 31/7-3 S and Brasse appraisal sidetrack 31/7-3 A in the northern North Sea. Partners in…