Potentially ‘over 300’ unexplored North Sea discoveries at risk due to windfall tax uncertainty
Hundreds of North Sea oil and gas discoveries could be abandoned as companies battle with uncertain headwinds.
E&P
Valaris lands a series UK North Sea contracts
Rig operator Valaris has unveiled a series of new contracts and extensions in the UK North Sea.
Shell gas find ‘fantastic news’ for southern North Sea exploration
A gas find from Shell (LON: SHEL) and Deltic Energy (LON: DELT) could prove very positive for other players with exploration targets in the Southern North Sea.
Shell finds gas at hotly-tipped North Sea well Pensacola
Partner Deltic Energy saw its share price rocket by 50% on the news.
New development well completed at Tailwind’s Gannet E project
Drilling of the fourth well in the Gannet E expansion project has been safely completed, on time and on budget.
Well-Slot: TotalEnergies’ Alwyn East on the way
As of 19 December, Westwood Global Energy reports that there are three exploration wells active, with one in the NNS, one in the CNS and one in the SNS. One appraisal well is currently active in the CNS. Since the previous report, one well has completed at Rockhopper.
Discovery? Shell says Orlov find in UK looks ‘promising’
Shell could be on to the first UK North Sea discovery this year with Orlov.
WoodMac names five UK North Sea wells to watch for 2023, with potential play-openers included
Plays by Shell (LON: SHEL), TotalEnergies (LON: TTE) and Ithaca Energy (LON: ITH) are listed amongst Wood Mackenzie’s UK North Sea wells to watch.
Orcadian signs North Sea pact with SLB for wells at Pilot project
Orcadian Energy (LON: ORCA) has signed a pact with SLB (NYSE:SLB) to deliver dozens of wells on its flagship Pilot field in the North Sea.
Perenco locks in rig for Ravenspurn campaign in Southern North Sea
Perenco has secured an offshore rig ahead of a drilling campaign in the Southern North Sea.
Drilling underway at hotly anticipated Shell, Deltic gas prospect
Drilling operations have begun at an eagerly awaited gas prospect that could open up part of the Southern North Sea.
XR goes big on fake oil in protests at SLB, Ineos and others
Extinction Rebellion has targeted a number of companies it sees as implicated in fossil fuel production, including service companies, financiers and a PR company.
‘Very exciting times’: Crucial Shell and Deltic exploration well ‘imminent’
A key exploration well from Shell (LON: SHEL) and Deltic (LON: DELT), which could open up a dozen other licences in the Southern North Sea, is “imminent”.
UK well-slot: Could Orlov be a hero for Shell?
As of 27 October, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. One appraisal well is currently active in the CNS. One well completed at Serenity.
NEO strikes deal with Equinor on 100m barrel North Sea prospect
NEO Energy has become operator of the Isolde exploration target in the UK North Sea after striking a deal with Equinor.
Drilling at Shell North Sea gas prospect to get underway next month
Drilling at the ‘high impact’ Pensacola exploration target in the North Sea will kick off next month.
Monetise, don’t merge, shareholder tells Capricorn
Capricorn Energy should abandon its proposed merger with NewMed Energy and opt instead to liquidate its assets, a shareholder has said.
Petrogas unveiled as farm-in partner for Cornerstone North Sea assets
Petrogas has revealed itself as the mystery buyer of stakes in a pair of North Sea assets owned by Cornerstone Resources.
i3 Energy may look to Repsol Sinopec as Serenity faces ‘heavy downgrade’
There are still options on the table for i3 Energy on the Serenity field, although a more modest concept is now likely in the works as it faces a “heavy downgrade”.
Cornerstone farms-out North Sea assets to unnamed buyer
Cornerstone Resources has farmed out a pair of North Sea exploration assets to an unnamed buyer.
‘Company-maker’ Serenity discovery disappoints at appraisal for i3 Energy
i3 Energy (LON: I3E) has announced “disappointing” results for the hotly-anticipated appraisal of its Serenity discovery in the North Sea.
How will the 33rd licensing round work?
The long-awaited 33rd offshore oil and gas licensing round officially launches today.
Almost 900 blocks up for grabs as 33rd North Sea oil and gas licensing round launched
The North Sea Transition Authority (NSTA) has fired the starting pistol on the 33rd oil and gas licensing round, the UK’s first since 2019.
Jersey making ‘great progress’ in finding partner for GBA redevelopment
Jersey Oil and Gas is making “great progress” in its quest to find a partner for the Greater Buchan Area (GBA) redevelopment.
Drilling of Serica North Eigg exploration well hit by £3m, six-week delay
Drilling operations on the North Eigg exploration well have been hit by delays, Serica Energy (LON: SQZ) has confirmed.