The Parkmead Group could use geothermal energy instead of injecting hot water to reduce oil viscosity for enhanced recovery in Fynn Beauly in the central North Sea. SUBSTANTIAL The discovery is part of three new offshore blocks 14/15a, 14/20d and 15/11a in a new licence awarded to the operator’s 50-50 joint venture with Orcadian Energy […]
Tag: oil and gas
Deltic JV signs rig contract for Pensacola-Selene
Deltic Energy plc said that a rig contract has been confirmed for the Selene exploration and the Pensacola appraisal wells in the southern North Sea. SCHEDULE Joint venture partner and operator Shell UK Ltd will drill on licences P2437 and P2252 using the Valaris 123, a heavy duty jack-up rig. The contract and mobilisation beginning […]
Predator to evaluate Jurassic structural closure
Predator Oil & Gas Holdings plc has extended its rig contract for drilling the MOU-5 well to evaluate the 177km² Jurassic structural closure at Guercif onshore Morocco. COSTS The Jurassic structural closure in a crestal location was penetrated in MOU-4 in 2023. Drilling will target a “potentially thick development of porous and permeable, early Jurassic […]
UKOG finds no commercial oil in Pinarova-1
UK Oil & Gas plc (UKOG) and its joint venture partner have found no commercial rates of hydrocarbons and have stopped testing at the Pinarova-1 well in Turkey. SEEPAGE UKOG said that drilling and testing results indicated Pinarova had likely penetrated the “southernmost feather edge of a small oil accumulation” within the Germik/Hoya sequence, stretching […]
Parkmead notes higher Dutch gas production
The Parkmead Group’s production rates higher than predicted from the LDS-01 discovery well on the Drenthe VI joint venture licence, since coming on stream. OPTIMISATION The licence, in the Diever West field containing the Lheebroek prospect, is located in the north of the Netherlands. The company said that LDS-01 had average rates close to 5,000 […]
Red Rock appoints David Lenigas as consultant
Red Rock Resources plc has appointed David Lenigas as a strategic consultant. Chairman Andrew Bell said the company had known Mr Lenigas for some years and worked with him on onshore oil projects in southern England. “His drive, his ability to think outside the box, his instinctive grasp of the big picture, allied with his […]