Hurricane Energy plc said it remained positive over an extension to the FPSO as the company announced improved finances and production at its Lancaster field, West of Shetland. PRODUCTION Production was higher than expectations during October due to better than expected uptime on the FPSO. The company had anticipated the well gauge pressure would reach […]
Tag: Aoka Mizu FPSO
Lancaster resumes production after FPSO maintenance
Hurricane Energy plc’s production operations at the Lancaster field have resumed following the scheduled annual maintenance of the Aoka Mizu floating production and storage and offloading unit (FPSO). The company added that production from the 205/21a-6 well was now currently stabilising. Hurricane’s next monthly production release is due in mid-August 2021. The FPSO shut down […]
Hurricane at risk without shorter FPSO charter
Hurricane Energy plc said it needed a shorter charter for the Aoka Mizu FPSO than initially agreed to avoid winding down and halting operations at the Lancaster field. COSTS The three-year initial term of the charter expires in June 2022 unless the oil and gas company meets the 4 June deadline to extend for three years […]