Orcadian Energy plc said it had submitted its final report into Central North Sea electrification to the area’s operators and the North Sea Transition Authority. FLOATING WIND TURBINES & HUBS The company’s ‘microgrid concept’ aims to reduce carbon emissions to ensure that the oil and gas are as sustainable as possible. “Orcadian and its consortium […]
Tag: Orcadian Energy plc
Orcadian estimates oil-in-place increase for Pilot-Bowhead
Orcadian Energy plc estimated an increase in oil-in-place based on new interpretation of reprocessed seismic data for the Pilot, Feugh and Blakeney discoveries and the Bowhead prospect. PILOT The company said that the development area oil-in-place would increase by 10% to 15% compared with the previous estimates which were based on an older seismic survey. […]
Orcadian granted extension to Phase A of licence P2320
Orcadian Energy plc has been granted a time extension to Phase A of licence P2320 in the UK North Sea. EMISSIONS The North Sea Transition Authority (previously known as the Oil and Gas Authority) allowed the extension to 14 May 2023, with the initial term also extended to 14 November 2024. The company said that licence P2320 […]
Orcadian receives FPSO interests for Pilot oil field
Orcadian Energy plc said it had received three expressions of interest to provide an FPSO for the Pilot oil field development in the central North Sea. WIND POWER Three of four providers, currently operating FPSOs on the UK Continental Shelf, submitted detailed proposals. Orcadian expects discussions to take several months before it makes a decision. […]
Orcadian licenses 3D seismic data for Pilot-Blakeney-Bowhead
Orcadian Energy plc has licensed a 3D seismic dataset covering the Pilot and Blakeney discoveries and the Bowhead prospect within block 21/27 in the North Sea. POTENTIAL The dataset received from TGS was shot during 2011 and 2012 and reprocessed to focus on the Tay discoveries and prospects during 2018 and 2019. Orcadian said that […]