Angus Energy plc has increased production by more than 75% with the planned commissioning of the second compressor at Saltfleetby gas field in east Lincolnshire. MILESTONE Dual compressor mode began on 10 May and the three producing wells of B2, A4 and the new B7T, have since been flowing gas to the National Grid at the […]
Tag: production
Neptune starts production on Fenja
Neptune Energy has started production on the Fenja joint venture oil and gas field in the Norwegian Sea. FENJA Fenja is located 120km north of Kristiansund at a water depth of 325 metres. Neptune estimates total reserves of between 50 and 75 million boe, of which 75% is oil and 25% is gas. PRODUCTION Fenja […]
Neptune-Spirit bring 11th well on stream at Cygnus
Neptune Energy and its partner Spirit Energy today began production from the 11th well at its operated Cygnus gas field in the southern North Sea. SUPPLY The new well is expected to produce approximately 4,000 boepd, enough gas to heat approximately 200,000 UK homes. Together with the 10th well which came onstream earlier this year, […]
Hurricane Q1 revenues reach $39.3m
Hurricane Energy plc recorded revenues of $39.3 million for the first quarter of 2023 from its operations on the Lancaster field, west of Shetland in the North Sea. OPERATIONS The company’s unaudited trading report shows production of 0.66 MMbbls with an average of 7,311 bopd, and oil sales of 0.5 MMbbls from one cargo. At […]
Neptune-Spirit start production from tenth Cygnus well
Joint venture partners Neptune Energy and Spirit Energy have started production from the tenth well at the Cygnus gas field in the UK Southern North Sea. EMISSIONS Operator Neptune (38.75%) said yesterday that drilling was carried out by Borr Drilling’s Prospector 1 jack-up rig. The rig is the first in Borr’s fleet to be equipped […]
Egdon records further rise in revenue
Egdon Resources plc recorded a further increase in revenue and progress across all its offshore and onshore oil and gas assets. WRESSLE The company’s general meeting business report showed unaudited revenue for the five-month period from August to December 2022 of £3.08 million (2021: £2.07m). At the Wressle joint venture (30%) within PEDL180 and PEDL182, […]