Jersey Oil & Gas plc (JOG) announced it will not progress with its non-core licences P2497 Block 20/4c (Zermatt) and P2499 Block 21/2a (Glenn) in its Greater Buchan Area (GBA) in the Central North Sea. SELECTED CONCEPT The selected concept for the GBA development is planned to be executed in three phases none of which […]
Tag: UK oil and gas
OGA investigates possible breach of flare consent
The Oil and Gas Authority (OGA) has started an investigation into a possible breach of a flare consent, contrary to the requirements of the licence. The investigation follows an inquiry which concluded that there was sufficient initial evidence to merit a full investigation into a potential failure to comply. The investigation will, among other things, gather and assess further information to […]
JOG reports 172 MMboe low carbon potential at GBA
Jersey Oil & Gas (JOG) said that its concept select report showed a potential 172 MMboe of 2C contingent resource estimates, to be delivered via platform electrification, in the Greater Buchan Area (GBA) in the Central North Sea. PROJECT The company estimates that overall carbon emissions from the GBA with platform electrification will be <1kg/boe. Production […]
Egdon starts site works on Wressle JV oil field
Egdon Resources plc has started site works on the joint venture (JV) Wressle oil field near in the East Riding of Yorkshire. DESIGNS The site is in PEDL180 and PEDL182 where Egdon holds a 30% operated interest. The company said that a civils contractor had mobilised and works to reconfigure the Wressle production site had […]
EnQuest to cut more than 500 North Sea jobs
EnQuest announced it will make 530 redundancies in its North Sea operation to make savings of £241million ($300m) following the slump in demand and in oil prices. The industry’s body Oil and Gas UK has warned that it expected as many as 30,000 job losses across all companies to go as a result of the […]