EnQuest plans largest work programme since 2014 this year

EnQuest (LON: ENQ) plans to carry out its largest sanctioned programme of work since 2014 in the coming year, with a range of drilling and decom in the pipeline.

By Allister Thomas

03/02/2022, 8:11 am Updated: 03/02/2022, 6:47 pm

Enquest thistle platform — A contractor is soon to be selected for removal of the Thistle and Heather topsides, EnQuest said.

EnQuest (LON: ENQ) plans to carry out its largest sanctioned programme of work since 2014 in the coming year, with a range of drilling and decom in the pipeline.

In a trading update, the North Sea operator said operational expenditure is expected to total $430 million in 2022, with capital spend of $165 million, which includes drilling its first new wells in more than two years.

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