Equipment & Logistics News Oil & Gas

Deltic finds ‘milestone’ gas-light oil at Pensacola

Deltic Energy plc reported a “substantial hydrocarbon column” discovery at the Pensacola prospect on the joint venture (JV) licence P2252 in the southern North Sea. HYDROCARBON COLUMN Deltic holds a 30% working interest in the project with Shell UK Ltd (operator 65%) and ONE-Dyas (5%). Well 41/05a-2 reached a total depth of 1,965 metres true […]

News Oil & Gas

Deltic to test exploration well at Pensacola

Deltic Energy plc joint venture plans full well testing after encountering gas in the targeted reservoir at the Pensacola prospect in the Southern North Sea. COMMERCIAL The JV for licence P2252 comprises operator Shell 65%, Deltic 30% and ONE-Dyas 5% working interests. Deltic added that testing of well 41/05a would evaluate the commerciality of the […]

News Oil & Gas

Deltic Energy JV spuds Pensacola gas prospect

Deltic Energy plc’s joint venture partner has installed the Maersk Resilient rig and begun drilling on the Pensacola gas prospect in the Southern North Sea. PROSPECTIVE RESOURCES The company has a 30% working interest in licence P2252 located in the emerging Zechstein Reef play fairway. Deltic estimates Pensacola contains gross P50 prospective resources of 309 […]

News Oil & Gas

Reabold conditionally acquires Simwell

Reabold Resources plc has increased its oil and gas interests with the conditional acquisition of Simwell Resources Ltd. LICENCES The company signed a sales and purchase agreement (SPA) for a total initial consideration, plus repayment of all outstanding creditors/liabilities, of £1 million in part shares-part cash. Reabold said that the deal would substantially increase its footprint […]

News Oil & Gas

Deltic-Shell JV awards survey contract for Pensacola in SNS

Deltic Energy plc announced that its joint venture partner and operator, Shell UK Ltd, had awarded the contract for geophysical and geotechnical site survey works over the Pensacola prospect in the UK Southern North Sea. Fugro GB North Marine Ltd to conduct will carry out the work in licence P2252, in preparation for the drilling […]