UK Oil & Gas plc (UKOG) said it had been granted a one-year extension to the agreed retention area work programme at Horse Hill oil field and its underlying Kimmeridge oil pool. DEADLINE The North Sea Transition Authority granted the extension for PEDL137 licence, allowing the company to drill a second Horse Hill Kimmeridge well, […]
Tag: oil
UKOG granted production permit for Horse Hill oil field
UK Oil & Gas plc (UKOG) said that the Environment Agency had granted the company a full production permit for its 85.635% owned Horse Hill oil field in Surrey. PERMISSIONS The company said it submitted its initial application for the permit 31 months ago on 24 September 2019. UKOG added that the permit issued today […]
Neptune to use renewable electricity for German assets
Neptune Energy will reduce emissions by more than 11,000 tonnes of CO2 per year after securing new renewable electricity supplies for its operated onshore assets in Germany. NORWAY The decrease is a 40% reduction in the company’s scope two emissions in the country. Neptune uses electricity from shore at its operated Gjøa field in Norway […]
Angus granted approval for Brockham
Angus Energy plc has been granted approval for its plans at Brockham oil field near Dorking in Surrey. WELL BRX4-Z The county council’s planning committee agreed to allow the company to abandon the Kimmeridge layer and reperforate the Portland layer in well BRX4-Z. This is subject only to a unilateral undertaking to secure a routing […]
Rockhopper notes close of arbitration
Rockhopper Exploration plc said that it had been told that the proceedings related to the Ombrina Mare arbitration were closed on 25 April 2022. DAMAGES The International Centre for Settlement of Investment Disputes (ICSID) tribunal has 120 days after closing to issue its award, extendable by 60 days. Rockhopper is seeking damages based on lost […]
i3 Energy signs Serenity farm-in deal with Europa
i3 Energy plc has signed the farm-in agreement with Europa Oil & Gas Ltd for the UK Seaward production licence P2358, block 13/23c (Serenity) in the Outer Moray Firth area of the North Sea. DRILL DATE Following the farm-out, i3 will retain a 100% working interest in the remainder of Block 13/23c which contains the […]