Equipment & Logistics News Oil & Gas

IOG pauses project drilling to maximise cash

IOG plc has solved the restriction in the Blythe H2 development well and paused appraisal drilling at the Saturn Banks project to maximise production and near-term cash flow. OPERATING EFFICIENCY Over the weekend, the company verified the downhole blockage in the gas well at the expected depth and fully opened the valve. Following the change […]

Equipment & Logistics News Oil & Gas

IOG delivers first gas from Blythe H2

IOG plc today confirmed first gas delivery on 12 June from the Blythe H2 development well into the Saturn Banks reception facilities and Bacton terminal. RATES The H2 well was brought onstream in three months and one week from spud date despite delays. The maximum well test dry gas rate is 22.8 mmscf/d and 280-336 […]

News Oil & Gas

IOG costs rise up to £3m

IOG plc is making “steady progress” to resolve the oil and gas influx which delayed drilling Blythe H2 development well at the Saturn Banks project in the southern North Sea. BLYTHE H2 The company added that the situation had been “uniquely challenging” but two issues of a stuck drill string and a plugged drillpipe were […]