The Parkmead Group plc has noted the start of gas production from the new LDS-01 discovery on the Drenthe VI joint venture licence in the Netherlands. LDS EXPLORATION The company has six Netherlands licences with a number of low-risk exploration prospects. The LDS exploration project, within the Drenthe VI licence (7.5%), involves drilling two to […]
Tag: The Parkmead Group plc
Parkmead discovers gas columns at Drenthe VI
The Parkmead Group plc has encountered gas columns in the primary target horizons on completion of drilling at the onshore LDS-01 well in the Netherlands. DRENTHE VI LDS-01 is the first of a two-well campaign on the Drenthe VI concession targeting several onshore gas prospects. Parkmead said that the well, drilled to a depth of […]
Parkmead notes rig mobilisation for LDS drilling
The Parkmead Group plc said mobilisation of the Drilltec Synergy 2 Rig had started for the two-well drilling campaign at the LDS project in the Netherlands. PROGRAMME The company added that the LDS wells would target multiple Rotliegendes gas reservoir prospects from the existing Diever well site, which is already in production. Construction work is nearly […]
Parkmead to drill first exploration well at Skerryvore
The Parkmead Group will drill its first exploration well in Skerryvore as it increases its stake from 30% to 50% in the high-impact UK central North Sea project. INFRASTRUCTURE The operator’s joint venture partners are Serica Energy (UK) Ltd with 20% and CalEnergy (Gas) Ltd holding 30%. The company said that its geotechnical work programme […]
Parkmead starts Greater Perth Area farm-out process
The Parkmead Group plc has started the farm-out process for its 100% development project in the Greater Perth Area (GPA) in the North Sea. GPA The company said it had engaged energy corporate finance advisory firm, Gneiss Energy Ltd, to find a suitable partner or partners for the project. The core Perth field holds some […]