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 (AIM:IOG) has again cut its production guidance and will now suspend one of its Southwark wells to deliver first gas on schedule, after fluid losses slow drilling efforts.
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.
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.
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.
IOG, formerly Independent Oil and Gas, has raised more than £8 million after it completed an “oversubscribed” fundraiser.
UK based energy company IOG has settled on a name for its flagship North Sea development.
UK based energy firm IOG has marked an “important step” with the spudding of the Blythe development well.
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.
Independent Oil and Gas (IOG) will hand out the contract for a jackup rig for the first phase of its flagship Core project “in the coming weeks”.
Petrofac has been awarded a five-well contract for the first phase of Independent Oil and Gas’ (IOG) “Core” project in the North Sea.
Independent Oil and Gas has given the green light to the first phase of its flagship North Sea gas hub.
Independent Oil and Gas (IOG) has submitted the field development plan (FDP) for the Blythe Hub in the North Sea.