Europa Oil & Gas (Holdings) plc has been granted a two-year extension to Phase 1 of FEL 4/19, containing the Inishkea prospect, in the Slyne basin offshore Ireland. During the period, the operator intends to carry out further technical studies and secure a partner to develop its 100%-owned 945km2 licence. The primary target is the […]
Tag: FEL 4/19 licence – Inishkea gas prospect
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 […]
Europa notes lower Inishkea emissions forecast
Europa Oil & Gas (Holdings) plc said an independent study showed lower emissions from development of 1 trillion cubic feet gas on its Irish offshore licence than imported gas. COMPARISONS The Inishkea prospect within FEL 4/19 in the Slyne basin and near the Corrib field is the company’s flagship project in Ireland. The report was […]
Europa looks to active year for off-onshore assets
Europa Oil & Gas (Holdings) plc said it expected an active coming year for its hydrocarbon assets offshore and onshore United Kingdom. WRESSLE In an operations report, the company looks to drilling during 2023 and preparations for 2024 at the joint venture (JV) onshore Wressle oil field in which it holds a 30% working interest. […]
Europa granted more time to secure Inishkea partner
Europa Oil & Gas (Holdings) plc has secured more time for further technical studies and to secure a partner to develop its 100% operated FEL 4/19 licence offshore Ireland. INISHKEA PROSPECT The Inishkea prospect in FEL 4/19, which lies in the Slyne basin and near the producing Corrib gas field and associated infrastructure, is the […]
Europa’s Inishkea gas licence to ‘remain live’
Europa Oil & Gas (Holdings) plc said that its FEL 4/19 licence, containing the large low risk, Inishkea gas prospect, would remain live until the Irish Government rules notifies otherwise. LICENCE TERMS On 7 August 2019, Europa announced the award of FEL 4/19 which is valid for 15 years and divided into four phases, the […]