Centrica formally launches sale of Spirit Energy – report
Centrica has formally launched the process of selling off its stake in North Sea explorer Spirit Energy, according to a news report.
Hurricane Energy
Monthly update on North Sea exploration: Three UK wells active
At the end of September there were three active exploration wells and four appraisal wells being drilled in the UK, according to Westwood Global Energy. Two E&A wells were spudded and three were completed during September.
Updated: Hurricane starts exploring options for full Lancaster development
Hurricane Energy has started exploring options for a full-scale development of the area which delivered the firm’s maiden revenue in the first half of 2019.
Hurricane delivers boost for Crystal Amber
One of the institutional investors backing oil firm Hurricane Energy said yesterday it had received a £17.9 million boost from the North Sea oil firm’s “year of great achievement”.
Hurricane ‘delighted’ with discovery of ‘light oil’ at Lincoln Crestal
Exploration firm Hurricane Energy has officially confirmed the discovery of "light oil" at its West of Shetland Lincoln Crestal well.
Hurricane Energy strikes oil at Lincoln Crestal
Hurricane Energy has confirmed it has struck oil at its Lincoln Crestal well in the West of Shetland.
Hurricane says early results from Lancaster ‘promising’ despite constraints
Hurricane Energy said today that production from its Lancaster field had been "promising" since the delivery of first oil in June, despite flowline "constraints".
Darach exploration well in SNS nears completion, Westwood Global reports
Westwood Global Energy reports that as of 22 August there were two active exploration wells and six appraisal wells drilling in the UK.
New OGUK board members to drive North Sea ‘competitiveness and energy transition’
Oil and Gas UK (OGUK) has said its two new boardroom appointments will be tasked with boltering ongoing efforts at increasing North Sea competitiveness and leading the charge toward the UK's net zero emissions target.
Hurricane Energy spuds Lincoln Crestal in West of Shetland
Hurricane Energy has started drilling its Lincoln Crestal well in the West of Shetland.
Warwick Deep proves non-commercial for Hurricane Energy
Hurricane Energy has announced its highly anticipated Warwick Deep well has not encountered commercial rates of oil and gas.
Hurricane Energy’s Lancaster field ‘generates first revenue’
UK-based oil and gas firm Hurricane Energy has announced that it's first lift from the west of Shetland Lancaster field has "generated first revenue".
Oil faces investment crunch as fund managers go cold on fossil fuels, Hurricane CFO says
Medium-sized oil companies are finding it more difficult to secure investment as fund managers’ attitudes to fossil fuels worsen, an industry stalwart said.
Lancaster first oil imminent as start-up phase gets under way
Hurricane Energy has begun the "start-up" phase at its flagship Lancaster field, west of Shetland.
Hurricane spuds well at Warwick Deep
UK oil and gas firm Hurricane Energy has announced it has spudded its first well at Warwick Deep, west of Shetland.
North Sea firm in high spirits as profits near £500m in first year
Exploration and production firm Spirit Energy generated almost £500 million worth of profit in 2018 − its first full year in business.
Transocean Leader on its way to West of Shetland for Spirit Energy
After weeks of delays, the Transocean Leader rig is now heading to the Greater Warwick Area (GWA) west of Shetland for Spirit Energy.
From pregnant pause to promotion for North Sea oil boss
The idea of returning from maternity leave to a promotion sounds a bit fanciful. But that’s exactly what happened to Carla Riddell, of Spirit Energy.
Project progress highlights ‘bright future’ for North Sea oil
North Sea industry received a shot in the arm yesterday as oil and gas companies reported progress on major projects.
Hurricane braced for ‘exciting’ 2019 as Lancaster first oil nears
Bosses at Hurricane Energy said today that they were looking forward to an "exciting" 2019 as the company gears up for first oil from its flagship Lancaster field, west of Shetland.
Hurricane Energy achieves hook-up of FPSO at Lancaster field
After months of setbacks, Hurricane Energy has successfully hooked up its production vessel to its huge Lancaster field west of Shetland.
Crondall Energy targets growth from west of Shetland experience
Crondall Energy is hoping to leverage its experience on major projects for more work in the west of Shetland (WoS) region.
Updated: Spirit’s WoS campaign delayed by Transocean rig
Spirit Energy’s three-well drilling campaign at the Greater Warwick Area west of Shetland has been knocked back by weeks.
Rystad: The 30 wildcats to look out for in 2019
After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be “elephant” finds, according to Rystad Energy.
Hurricane hits snag during Lancaster hook-up job
Oil firm Hurricane Energy's efforts to start production from its Lancaster field have suffered a setback.