Serica Energy plc has suspended production until mid to late March from the Triton FPSO because of issues resulting from last month’s Storm Éowyn. IMPROVEMENT The company said that on 24 January, sea spray triggered the fire and gas detection system, causing an automatic production shutdown of operations. Production restarted on 28 January but “minor […]
Tag: oil and gas
Hartshead to cut costs for Anning-Somerville
Hartshead Resources NL has submitted a new development programme with lower costs for the Anning and Somerville gas joint venture within P2607 in the UK southern North Sea. FUNDING Each field will retain an unmanned production platform and three production wells. Changes include the export of gas from Somerville through a 24 inch pipeline to […]
Helium One JV mobilises rig to Jackson-31
Helium One Global Ltd’s partner has mobilised the rig to the Jackson-31 well site at the Galactica-Pegasus joint venture project in Las Animas County, Colorado, USA. DEVELOPMENT Operator Blue Star Helium is in the process of rigging up ahead of the start of drilling. The full development programme for Galactica involves 15 wells with the initial […]
Europa appoints Bo Krøll as chairman
Europa Oil & Gas (Holdings) plc has appointed Bo Krøll as non-executive chairman, replacing Brian O’Cathain who leaves the board after seven years’ service. “It has been a privilege to be associated with Europa and I would like to thank shareholders, employees and fellow board members for their support over the years,” said Mr O’Caithain. […]
UKOG-Star increase Horndean production
UK Oil & Gas plc said that last quarter’s workover programme resulting in a “deeper seating” of a downhole pump had increased production at the Horndean field, 10 miles north of Portsmouth in Hampshire. REVENUES Field operator Star Energy Group achieved an average of 200 barrels of oil per day last month compared with 125 […]
Block issues 36m shares and 10.5m options
Block Energy plc, focused on Georgia, issued 35,912,008 shares of 0.25 pence each and 10,548,289 nil-cost options over ordinary shares under its performance related scheme. DIRECTORS /PDMRs The company’s renumeration committee made the awards to a senior executive, two management and four staff for the financial year ended 3 December 2024. Additionally, on 6 February […]