News Oil & Gas

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 […]

News Oil & Gas

Hurricane Energy net free cash increases

Hurricane Energy plc announced stronger net free cash position during the second quarter of 2021 than Q1 from its operations in the Lancaster field on the Rona Ridge, West of Shetland. FINANCES As of 30 June 2021, the company had net free cash of $134 million [£97m] compared with $127m at the end of March 2021. […]

News Oil & Gas

Hurricane Energy restarts P6 well

Hurricane Energy plc has progressed work on the Lancaster 205/21a-6 (P6) and the 205/26b-14 (Lincoln-14) wells, West of Shetland. COSTS The company said it had restarted the electric submersible pump (ESP), which tripped on 8 June, in the Lancaster 205/21a-6 (P6) oil well. The company expects oil production from the P6 well at a rate […]