Capricorn Energy plc said that the floating production storage and offloading (FPSO) facility had arrived for the Sangomar oil field development, offshore Senegal. TAX The FPSO set sail from Singapore in December 2023 while operator Woodside Energy plc still targets first production for mid-2024. Capricorn added it maintained it owned no registration duty after it […]
Tag: oil and gas
Kistos expects Balder-Ringhorne first oil year end
Kistos Holdings plc said that first oil was now expected at the end of 2024 from the Balder and Ringhorne oil and gas fields in Norway. ENCOURAGED Kistos acquired a 10% interest in Balder, comprising the Balder and Ringhorne fields, and a 7.4% stake in the Ringhorne East unit via its purchase of Mime Petroleum […]
Union Jack signs further two Oklahoma farm-ins
Union Jack Oil plc has signed further two farm-ins, following the West Bowlegs deal, for projects in Oklahoma, USA. WILZETTA FAULT The first is to acquire a 75% working interest in a well planned to be drilled in a high impcat well in Q3 2024, to test the Footwall Fold prospect in the Wilzetta Fault […]
Block begins project III farm-out process
Block Energy plc has started the farm-out process for the Patardzueli-Samgori field within licences XIB and XIF, or project III, in Georgia. INFRASTRUCTURE The company appointed UK-based LAB Energy Advisors Ltd for the process following last week’s independent assessment of more than one trillion cubic feet of 2C contingent gas resource to the field. Project […]
Beacon to restart production at Erfelden
Beacon Energy plc has completed sand jetting operations with coiled tubing on the Schwarzbach-2(2.) well in the Erfelden field in Hessen, Germany. PUMP The company’s subsidiary Rhein Petroleum GmbH expects to restart production “in the coming days” following reinstallation of the rod pump. Beacon said that the impact of the sand jetting would only be known […]
Baron plans site surveys for Chuditch-2
Baron Oil plc expects to conduct site surveys during February and March at the planned drill location for the Chuditch-2 appraisal well, offshore Timor Leste. COSTS The surveys will identify potential hazards at the proposed well site to ensure minimal environmental impact when locating a drilling rig can be safely located on the TL-SO-19-16 production […]