Hurricane Energy’s landmark oilfield development west of Shetland is “on time and going according to plan”, the firm’s boss has said.
Hurricane Energy’s decision to have the FPSO for its Lancaster field upgraded in Dubai is a good move, an analyst has said.
Hurricane Energy this morning confirmed it had made the final investment decision (FID) on its early production system (EPS) for its fractured basement Lancaster field.
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Callum McCaig has welcomed Hurricane's announcement that it may have found the largest undeveloped UK North Sea reserve.
Hurricane Energy has asked the UK Government for permission to build an early production system (EPS) on its landmark Lancaster field in the North Sea.
Hurricane Energy today said new testing had cast its previous resource estimates as "conservative".
Hurricane Energy today confirmed it had spud another well for its West of Shetland drilling campaign.
Hurricane Energy's horizontal sidetrack well has "reinforced" the firm's commitment to the Lancaster discovery, according to the chief executive.
One of the UK North Sea’s largest undeveloped oilfields is likely to be “significantly greater” than was previously thought, it emerged yesterday.
Hurricane Energy has appointed Petrofac well operator for its West of Shetland operations.
Hurricane Energy said it has spudded a well on the Lancaster field West of Shetland.
Hurricane Energy today confirmed it had suspended its efforts to source farmout partners for its Lancaster field development located west of Shetland.
Hurricane Energy has landed £52million in investment to drill two wells on its Lancaster field this summer.
Hurricane Energy is cracking on with plans to extract oil from 4,000 feet beneath the seabed after its North Sea Lancaster asset was officially designated as an oilfield. The Surrey-based company was founded in 2005 by chief executive Robert Trice to discover and develop oil from naturally fractured “basement” reservoirs in rock that was formed more than 2billion years ago. It has just achieved official oilfield status for Lancaster, located west of Shetland, from the Oil and Gas Authority (OGA).
The Oil and Gas Authority (OGA) has granted Hurricane Energy’s request for a field determination area for Lancaster. The company has been awarded the oil field status as oil field number 572 which Hurricane says is the first step in progressing the submission of the Lancaster early production system (EPS) field development plan (FDP).