i3 Energy plc and Europa Oil & Gas (Holdings) plc have opened talks on acreage surrounding the Serenity oil discovery, which has become unlicensed. INVESTMENT Little progress has been made on the Blake, Tain and Serenity area while in October 2022 the partners abandoned the SA02 well which failed to show hydrocarbons. i3 said that […]
Tag: Europa Oil & Gas (Holdings) plc
Europa Oil & Gas targets Inshikea West
Europa Oil & Gas (Holdings) plc reported a 92% increase to 1.55 trillion cubic feet in Pmean prospective resource estimate for Inishkea West, offshore Ireland. FOUR-WAY CLOSURE Europa reprocessed the seismic data using full waveform inversion and reverse time migration (RTM) to 20Hz. The findings have prompted the company to pause its farm-out process until […]
Cloughton preliminary gas-in-place within range
The Cloughton discovery contains preliminary mean gas in place of 192 bcf, within the expected range, said operator Europa Oil & Gas (Holdings) plc. DEVELOPMENT Europa said the discovery well “flowed good quality sweet gas at rates of up to 40,000 scf/day on natural flow” and a well could flow at “6 mmscf/day”. The company […]
Artificial lift aims to improve Wressle-1 production
Egdon Resources plc has started to install artificial lift on the Wressle-1 oil well to optimise production at the joint venture project in North Lincolnshire. METHOD The partners on PEDL180 and 182 comprise operator Egdon (30%), Europa Oil & Gas (Holdings) plc (30%) and Union Jack Oil plc (40%). Work began with a slickline programme and […]
Higher recoverable oil volumes expected at Wressle
Egdon Resources plc anticipates higher recoverable volumes of oil than 2016 estimates following the late stage start of water production at the Wressle joint venture in North Lincolnshire. CPR The operator said that the start of “limited volumes” of water from the Ashover Grit, accounting for an average 3.72% of total fluid produced during July […]
Egdon transfers Cloughton operatorship to Europa
Egdon Resources plc has transferred operatorship of licence PEDL343 containing the Cloughton gas discovery in North Yorkshire to Europa Oil & Gas (Holdings) plc. PARTNERS Egdon managing director Mark Abbott said the company would focus on near-term priority projects while enabling Europa to progress Cloughton to potential appraisal drilling. The companies received approval from the North […]