BP and Rosneft only oil explorers to deliver 1billion+ barrels in 2021
BP and Rosneft were the only companies to deliver more than a billion net barrels of oil equivalent through exploration last year, according to new research.
E&P
‘No production issues’ yet for Hurricane Energy as Lancaster hits ‘bubble point’
Hurricane Energy (LSE: HUR) says no production issues have arisen at Lancaster despite it falling below the ‘bubble point’ last month.
Glengorm: Analysts slash estimates for North Sea discovery
The estimates of recoverable barrels for the CNOOC Glengorm discovery have been downgraded by analysts after a disappointing appraisal campaign.
‘Rig stability’ concern forces IOG to stop drilling on Southwark North Sea project
A concern over “rig stability” has forced IOG to halt drilling on its Southwark project in the North Sea.
ROV faults delay spudding of IOG’s Southwark development well
North Sea operator IOG is to spud the Southwark development well in the “coming days” after missing its previous target.
Dunnottar exploration prize is ‘a well to watch’ says Harbour Energy boss
The Europe chief executive of Harbour Energy has told investors that the Dunnottar exploration project is a “a well to watch”.
Craig International nets new orders worth more than £5m
Offshore procurement specialist Craig International, of Aberdeen, is to deliver two new contracts worth a total of more than £5 million through its fledgling Ecobuy service.
International demand for its oilfield technology boosts revenue at north-east firm Tendeka
Bosses at oilfield services firm Tendeka are toasting new international contracts worth more than £22 million for work over the next three years.
The sharp end of achieving net zero
The Cambo furore comes at a time when the UK faces tough decisions about how to meet its energy needs and attract investment whilst burnishing its environmental credentials ahead of COP26 in Glasgow in November.
Shell reveals move into Aberdeen city centre – but no firm date
Energy giant Shell has announced it is moving out of its current North Sea base in Tullos, Aberdeen, and into the Silver Fin building in the city centre.
Spirit Energy finds more gas at Grove field
Spirit Energy has found more gas at Grove, "significantly" extending the life of the southern North Sea field.
Harbour Energy picks Maersk rig for infill campaign on North Sea field
Harbour Energy has picked a Maersk Drilling rig for a trio of development wells on the Catcher area of the UK North Sea.
Baron Oil beefs up stake in ‘sizeable’ North Sea target while Jersey casts off licences
London-listed minnow Baron Oil has struck a deal to increase its stake in what it describes as one of the UK North Sea’s few remaining sizeable undrilled targets.
EnerMech director John Morrison bows out of North Sea industry after more than 40 years
A stalwart of the North Sea oil and gas industry has reflected on the time its career prospects were "relatively unknown" as he prepares for retirement.
Fast finish doesn’t bode well for Equinor-BP Tiger Lily exploration well
Westwood Global Energy reports that as of June 28 there were two appraisal wells active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and two exploration wells at 22/6c-B4Z Bacchus South and 16/2a-6 Tiger Lily.
Blow for Harbour Energy as Tolmount project hit by delay
Harbour Energy has warned that first gas from the Tolmount field in the UK southern North Sea will be delayed after equipment glitches were uncovered.
IOG shares drop as firm warns Elgood might produce less gas than first thought
Shares in IOG dropped by more than 10% this morning after the firm warned recovery from its Elgood gas field might not live up to expectations.
‘Virtual’ Offshore Europe programme announced for September
Energy transition topics will take centre-stage at the SPE Offshore Europe 2021 virtual conference taking place from September 7 to 10.
First exploration well of the year ‘spudded’ in UK North Sea
Westwood Global Energy reports that as of June 28 there was one exploration well and one appraisal well active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and one exploration well at 22/6c-B4Z Bacchus South.
Equinor first to start drilling a UK North Sea exploration well in 2021
Norwegian energy giant Equinor has become the first company to start drilling an exploration well on the UK Continental Shelf this year.
Glengorm Central the lone, active E&A well on UKCS
Westwood Global Energy reports that as of June 1 there was one appraisal well active in the UK.
CNOOC limbering up for second Glengorm appraisal well
Chinese firm CNOOC is preparing to drill the second of two appraisal wells on its Glengorm field in the UK North Sea.
Serica on track to spud North Eigg in summer 2022, targeting more than 60m boe
Serica Energy is on track to drill the North Eigg exploration well in summer next year, its CEO has said.
UK Well Slot – Bacchus South exploration well disappoints for Apache
Westwood Global Energy reports that as of April 27 there was one appraisal well active in the UK, operations on which were in the process of completing. To date, one exploration well has completed in 2021.
Ithaca picks Awilco rig for North Sea exploration well
Rig contractor Awilco said today it would drill an exploration well in the UK North Sea for Ithaca Energy.