Serica Energy plc has appointed Jérôme Schmitt to the board as a non-executive director with effect from 1 July 2022. Mr Schmitt worked for what is now TotalEnergies from 1992 to 2021 where his roles included group treasurer (2009-2011) and senior vice-president environment and sustainable development (2013-2016). More recently he was senior vice-president carbon neutral […]
Tag: oil
United spuds AJ-14 development well
United Oil & Gas plc said that the Al Jahraa-14 development (AJ-14) well has spud in the Abu Sennan joint venture licence, onshore Egypt. JOINT VENTURE The company holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt (KEE). AJ-14 The AJ-14 development well, the third of five wells expected […]
Union Jack reaches $7m revenue from Wressle
Union Jack Oil plc (UJO) said it had reached net revenues of $7,000,000 (£5.7m) from the Wressle hydrocarbon joint venture development in North Lincolnshire. JOINT VENTURE The company holds a 40% economic interest in the project, which lies in PEDL180 and PEDL182, along with operator Egdon Resources plc (30%) and Europa Oil & Gas (Holdings) […]
Baron relinquishes Peru legacy asset
Baron Oil plc said it had relinquished its legacy licence Block XXI – El Barco in Peru and had its US$160,000 bank guarantee returned. ABANDONMENT The company’s decision followed frustrated attempts to access the area to conduct operations. Baron Oil added that it would, through its subsidiary Gold Oil Peru SAC, work with the Peruvian […]
Angus restarts Brockham oil production
Angus Energy plc has restarted oil production and water reinjection at the Brockham oil field within PL235, in the Portland reservoir, near Dorking in Surrey. OPTIMISATION The company added that current average rates of production from the BRX2-Y well were 50 barrels of oil per day with an approximately equal amount of formation water produced […]
UKOG receives NSTA approval for HH-2z well conversion
UK Oil & Gas plc (UKOG) said that the North Sea Transition Authority had approved the recompletion, or conversion, of Horse Hill-2z into a water reinjection well at the site in Surrey. INTERESTS The move follows approval from the Environment Agency on 4 May. The company holds an 85.635% operated interest in the Horse Hill oil […]