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…
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…
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…
Aker BP was awarded the biannual Exploration Revived Award for the Frosk oil discovery. The Norwegian Petroleum Society (NPF) recognized Aker BP for the following reasons: Frosk is an excellent…
The Eocene Frigg Formation was the target of exploration well 25/1-13 in PL 871. The well encountered a 50m thick Frigg Formation of which 10m sandstones of good reservoir quality.…
Recent advances in exploration technology is in the focus for the 3rd time in “the May conference” (NCS Exploration) in Fornebu outside Oslo. However, the emphasis will be on how…
Exploration well 16/1-31 S and A is a dual branch well targeting both the Jorvik and Tellus East prospects on the eastern side of the Edvard Grieg field in PL338…
In its 2018 Full Year Results, Premier Oil announces a record production of 80.5 kboepd of which 46.8 kboepd from UK assets. Highlights from Premier’s UK activities are the increase…
RockRose Energy announced that it has approached the board of directors of Independent Oil and Gas (‘IOG’) with a proposal for an all cash takeover offer for IOG. The proposal…
The Presto prospect in PL 885 (Equinor operator 20%, Cairn 30%, Wellesley 30% and Petoro 20%) targets the Early Cretaceous Agat Play on the Måløy Slope. According to partner Cairn…
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…
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…