Neptune Energy acquires Energean's North Sea assets
The assets will provide Neptune with an estimated 30 million boe of 2P reserves.
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The assets will provide Neptune with an estimated 30 million boe of 2P reserves.
Operations involved drilling over 2000 m and acquiring more than 1400 high quality samples and over 900 m of seismic PCPT data.
The SA-01 appraisal well in the Serenity field in the North Sea has been spud.
Petrofac will provide facilities and well support to Jersey Oil and Gas' Greater Buchan Area development in the North Sea.
Johan Sverdrup has expected recoverable reserves of 2.7 billion boe and the full field can produce up to 660 000 bpd at peak.
Start-up of the Valhall West Flank facility in the North Sea will take place this autumn.
Valaris will provide the Rowan Gorilla VI (VALARIS JU-248) to drill four firm wells for the development, which is located in the Central North Sea.
The transaction adds two new operated hubs to Chrysaor’s portfolio in the UK Central North Sea - Britannia and J-Block – in addition to an interest in the Clair Field area.
The contract is the largest in Global E&C's history.
The oilfield procurement firm has been awarded its first contract with Petrofac in the UK as well as two major contracts with Spirit Energy and BP.
Warwick West is the third and final well of the 2019 Greater Warwick Area drilling programme on Hurricane's Lincoln and Warwick assets.
The UK-focused company achieved first oil from the Lancaster field in June this year.