IOG plc announced it had spud the Blythe development well in the UK Southern North Sea and expected first gas during the fourth quarter of 2021. SCHEDULE The well is the second in the company’s Phase 1 project, following Elgood, and is expected to take under three months to drill and complete before the rig […]
Tag: UK Southern North Sea
IOG signs gas sales agreement with Gazprom
IOG plc has signed a gas sales agreement (GSA) with Gazprom Marketing & Trading Ltd (GM&T) for its reserves in the UK Southern North Sea. The deal, which encloses a mutual extension option, followed a competitive off-take process involving more than 10 bidders over recent months. AGREEMENT The GSA relates to IOG’s equity production for […]
IOG to support university CCS research
IOG plc said it would be supporting university research into carbon capture and storage (CCS) and other renewable opportunities across its gas assets at Bacton in the Southern North Sea (SNS). The company, which on 27 April changed its name from Independent Oil & Gas, has signed a collaboration agreement with GeoNetZero CDT at Heriot-Watt […]
IOG starts drilling at Elgood
Independent Oil and Gas plc (IOG) said it had started Phase 1 drilling of five gas development wells in the UK Southern North Sea. Elgood well 48/22c-H1 is expected to take some three months to drill and complete ahead of first gas before the rig moves to Blythe during the early part of the third […]
Deltic-Shell to drill Pensacola gas prospect
Deltic Energy plc and joint venture partner Shell UK Ltd have decided to begin drilling in May on the Pensacola prospect in the UK southern North Sea (SNS). TECHNICAL The company said that the investment decision could transform the company and was a “vital step” in evaluating the Zechstein Reef play which in turn could […]
IOG increases gas estimates at Goddard-Abbeydale
Independent Oil and Gas plc said it had increased resource estimates of its P2438 Goddard and P2442 Abbeydale licences in the UK Southern North Sea. Both licences are held in a joint venture between IOG (50%, operator) and CalEnergy Resources (UK) Ltd (CER) (50%). Interpretation and mapping of 1,200km² of 3D seismic data has […]