Image - Statoil Awarded Licences in Mexicos Deepwater Round

Statoil Awarded Licences in Mexico's Deepwater Round

The blocks cover an area of about 5,650 km2 in the largely unexplored deepwater areas of the Saline Basin. Statoil will be the operator of blocks 1 and 3, at 33.4% equity, with partners BP and Total participating equally with the remaining equity. The licences were awarded in a competitive bid round. A total of 10 deepwater blocks were on offer, with four in the Perdido Area and six in the Saline Basin. The blocks awarded are in water depth...

Exploration - Dec 5, 2016


Image - Production Drilling Started on Mariner

Production Drilling Started on Mariner

Up to five wells will be drilled before the Mariner A platform hook up and commissioning activity starts next summer. First oil is expected to be produced from Mariner in 2018. Hedda Felin, managing director, Statoil Production UK said, "This is an exciting period for us as a UKCS operator as we transition from the planning phase to active offshore operations." "Predrilling enables production to reach plateau levels more quickly after the ...

Oil and Gas - Dec 2, 2016


Image - BP Announces Acquisition of Interests in the Jock Scott and Craster North Sea Exploration Prospects

BP Announces Acquisition of Interests in the Jock Scott and Craster North Sea Exploration Prospects

BP announced today that it has acquired interests in two North Sea exploration prospects, Jock Scott and Craster, in a further demonstration of the organisation's commitment to the basin. BP has acquired a 25% interest in the Statoil-operated licenses located to the east of Shetland, P2275 and P2097, which includes the Jock Scott prospect, and a 40% interest in the nearby P2163 and P2147 licenses. Statoil will remain the o...

Exploration - Nov 28, 2016




zpsk