Hurricane Energy plc announced a slight decrease in oil rate and production from its Lancaster field on the Rona Ridge, west of Shetland. FINANCES In a brief report for the first quarter of 2021, the company also recorded net free cash of $127 million compared with $106m at 31 December 2020. LANCASTER EPS Production during Q1 […]
Tag: UKoil
Hurricane output falls with one well shut in at Lancaster
Hurricane Energy plc oil production fell by 700 barrels during Q3 2020 compared with the previous quarter as production came from just one well in the Lancaster field on the Rona Ridge, west of Shetland. PRODUCTION During Q3, production was at an average rate of 13,600 bopd, lower than the 14,300 bopd average rate in […]