While the Shelf Perseverance jack-up drilling rig created the Blythe H2, the newly spudded well experienced 'fluid losses'.
IOG hit out at the government’s energy profits levy in its annual results, in which it reported a loss following a raft of delays and production issues across its Saturn Banks project.
The Noble Hans Deul jack-up has spudded a new well in the southern North Sea and will spend the next three months drilling IOG’s Blythe H2.
A 50:50 joint venture of IOG (LON: IOG) and CalEnergy Resources (CER) has sanctioned the Blythe H2 well in the Southern North Sea.
IOG has suspended operations at its A2 well on the Southwark field after remediation work failed to boost production rates, prompting another fall in its stock price.
North Sea operator IOG (LON: IOG) has confirmed that first gas from its troubled Southwark field in the Southern North Sea is nigh.
Production has been restarted from IOG’s (AIM: IOG) Blythe and Elgood field, two-thirds of the wider Saturn Banks project.
IOG has again been forced to shut in its key Saturn Banks assets, this time to address onshore compressor issues linked to condensate production.
IOG says output from the two producing fields in its Saturn Banks project is now stabilising, following a series of outages since first gas in mid-March.
Production has restarted at a North Sea field after a temporary solution was found to a chemical injection fault.
North sea firm IOG is working to restore production from one of the fields that makes up its flagship Saturn Banks scheme.
A North Sea operator is targeting "first gas” from its third field this year as a problematic project gets back on track.
Posting its full-year results for 2021 just days after reaching first gas from its Saturn Banks project, IOG looks to ‘exciting’ growth plans.
A North Sea operator has hailed “first gas” for its second field in a week.
A flagship North Sea project has finally achieved first gas after being beset by a series of delays.
Just over a week after IOG cancelled a contract to sell gas to Russian giant Gazprom, the North Sea operator has found a new buyer.
“It's been a tough journey but we're very, very close now,” IOG chief executive Andrew Hockey reflects.
IOG has backed out of a deal to sell gas to Russian energy giant Gazprom following the “unprovoked” invasion of Ukraine.
Storm Eunice has hampered efforts by Perenco and IOG to get the latter's flagship North Sea project to first gas.
IOG said it is working closely with Bacton Terminal operator Perenco to deal with “frustrating” slow progress towards delivering first gas from its Saturn Banks project.
With Covid deferrals in 2020 having hit hard, 2021 was expected to herald the start-up of 10 new oil and gas fields in the UK North Sea.
An investigation is underway after a rescue ship "made contact" with a Noble Corporation oil rig leg, weeks ahead of a jack-up "issue" leading to work being ceased at a flagship IOG North Sea field.
IOG (LSE: IOG - 31.5p) has said its estimates for one of its key North Sea fields are in line with forecasts, after checks were successfully completed.
UK based energy company IOG has settled on a name for its flagship North Sea development.
North Sea firm IOG, formerly Independent Oil and Gas, committed to scope 1 and 2 net zero status as of this year.