Hartshead Resources NL has submitted its phase I field development plan (FDP) for the Anning and Somerville joint venture gas developments in the southern North Sea. PRODUCTION The FDP includes the subsurface interpretation, planned development wells, production forecasts and facilities, gas transportation route to market, QHSE, and commercial and economic aspects of the development. The […]
Tag: Hartshead Resources NL
Hartshead nears submission of Anning-Somerville FDP
Hartshead Resources NL expects to submit the field development plan in the next few weeks to the industry regulator for Phase I development of the Anning and Somerville gas fields in the southern North Sea. PHASE I Phase I comprises six production wells produced through two un-manned minimum facilities platforms tied back via a 40km […]
Hartshead completes 60% Seward farm-out
Hartshead Resources NL has completed the farm-out agreement with RockRose Energy Ltd for a 60% equity interest in its Seaward gas licence P2607 in the southern North Sea. TERMS The deal gives the Australian company gross A$196.3 million (£105m) for phase I of operations and A$536m (£287m) of gross project expenditure. RockRose’s initial cash payment […]