Hurricane Energy plc said that the Oil and Gas Authority (OGA) had approved the field development plan addendum (FDPA) for Lancaster oil field on the Rona Ridge, West of Shetland. The approval satisfies a key condition of Hurricane’s proposed financial restructuring. The FDPA, together with associated production, flare, and vent consents, enables production with the […]
Oil & Gas
Angus completes further acquisition at Brockham
Angus Energy plc said it had aligned its interests following the acquisition of a further interest in Brockham oil field. The company completed its purchase of a 5% interest from Alba Mineral Resources plc. Alba paid £32,000 plus VAT to Angus in settlement of certain back costs and a contribution towards eventual abandonment costs. This was […]
Hurricane Energy restarts P6 well
Hurricane Energy plc has progressed work on the Lancaster 205/21a-6 (P6) and the 205/26b-14 (Lincoln-14) wells, West of Shetland. COSTS The company said it had restarted the electric submersible pump (ESP), which tripped on 8 June, in the Lancaster 205/21a-6 (P6) oil well. The company expects oil production from the P6 well at a rate […]
Alba completes sale of Brockham oil interest
Alba Mineral Resources plc has completed the sale of its 5% interest in Brockham onshore oil field in Surrey to operator Angus Energy plc. The metals and minerals explorer said that the move was part of its drive to rationalise its non-core assets. In settlement of certain back costs and a contribution towards eventual abandonment […]
UKOG seeks environmental permit for well site on Isle of Wight
UK Oil and Gas plc (UKOG) has applied for an environmental permit to explore a proposed new oil well site in Arreton on the Isle of Wight. If permission is granted, the company aims to operate for three years and to drill an exploratory borehole and one side-track borehole. The wider area has the appearance […]
Block and Baker Hughes sign drill agreement for West Rustavi
Block Energy plc has signed a memorandum of understanding (MoU) with Baker Hughes to support its oil and gas drilling operations in Georgia. SIGNIFICANT The company said that the MoU provided a broader partnership on developing significant oil and gas opportunities throughout Block’s portfolio. Baker Hughes has allocated additional engineers to assess and potentially develop […]