News Oil & Gas

Neptune starts drilling Dugong Tail exploration well

Neptune Energy has started drilling on the Dugong Tail exploration well in the Norwegian sector of the North Sea. DRILL PROGRAMME Dugong was one of the largest discoveries on the Norwegian Continental Shelf last year. The Dugong Tail is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell […]

News Oil & Gas

Borders seeks further funds for Falklands licences

Borders & Southern Petroleum plc said it would likely seek additional funds by the end of January 2022 for its hydrocarbon project in the Falkland Islands. FINANCES In its unaudited half year financial statements to 30 June 2021, the company’s cash balance decreased to $1.35 million (30 June 2020: $2.56m). Operating loss for the period was […]

News Oil & Gas

IOG flow tests Blythe development well

IOG plc said it had drilled, cleaned up and flow tested the Blythe well 48/23a-H1 within two months of spudding. FIRST GAS The Noble Hans Deul jack-up rig drilled the well to a total depth of 10,750ft measured depth (MD) and flow tested to a maximum gas rate of 45.5 mmscf/d through an 80/64th inch choke. […]

News Oil & Gas

Hurricane maintains 2021 production guidance

Hurricane Energy plc said that its full year production guidance would be near the upper end of guidance 8,500 – 10,500 bopd from the Lancaster field, West of Shetland. FPSO “This annual guidance is based on an FPSO production uptime assumption of 90% and production from the P6 well alone on artificial lift via ESP,” […]

Legal News Oil & Gas

VOG settles Logbaba gas dispute

Victoria Oil & Gas plc (VOG) has reached a settlement agreement with RSM Production Corporation over the Logbaba gas project in the port city of Douala, Cameroon. JOINT INTERESTS VOG’s wholly owned subsidiary, Gaz du Cameroun SA, is the onshore gas producer and distributor. RSM is joint interest owner with a 38% working interest, alongside the […]