Basement Reservoir News

 

Lundin Buys Stakes in Rolvsnes, Goddo

Jan 28, 2019

Lundin Petroleum, Europe's independent oil and gas exploration and production company with operations focused on Norway, has increased its stake in the major Rolvsnes oil discovery in the Norwegian North Sea, flagging a potential tieback eventually to its operated Edvard Grieg oil field…

Hurricane Energy Fails To Hook-up

Jan 21, 2019

The UK based oil and gas company Hurricane Energy PLC said it was unable to complete the buoy hook-up operation in the offshore UK Lancaster field due to problems with the rope.According to a press note, the Aoka Mizu FPSO has been forced to return to the Cromarty Firth…

Hurricane FPSO Leaves Dubai After Upgrade, Shetlands First Oil Seen in H1

Oct 15, 2018

The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain…

Hurricane ups Rona Ridge estimate

Dec 11, 2017

UK-based fractured basement reservoir explorer Hurricane Energy says a new competent person's report (CPR) across its Rona Ridge assets has seen an increase in its reserves estimates - by 231%. The report, by by RPS Energy Consultants…

CGG completes first phase of Perdido survey

Dec 07, 2017

Geoseismic firm CGG has acquired the first 38,000-line km of multi-client airborne gravity and magnetic survey over Mexico’s Perdido Fold Belt.   This survey is the first of six areas to be acquired in a wider program totaling 200,000 line km across the Mexican Gulf of Mexico…

CGG to survey Ivory Coast offshore

Oct 26, 2017

French geoscience firm CGG has been awarded a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, to acquire with its local partner, Harvex Geosolutions, a multi-client program of gravity…

Hurricane's Lancaster EPS approved

Sep 25, 2017

Hurricane Energy has been given approval to move forward with its West of Shetland fractured basement Lancaster field early production system (EPS). The Lancaster EPS is a two-well tieback to a floating production, storage and loading facility…

500 MMbbl plus recoverable confirmed in Lancaster

May 08, 2017

A new evaluation on Hurricane Energy's Lancaster field, west of Shetland, has said the field contains 2.3 billion bbl in place, a 120% increase compared to the 2013 estimate, and attributed 2P reserves to the field for the first time. According to the Competent Persons Review (CPR)…

Lancaster could be UK's largest undeveloped discovery

Mar 27, 2017

Fractured basement explorer Hurricane Energy is closer to proving its Halifax discovery is linked to its Lancaster field, forming a single field, which would be the UK's largest undeveloped discovery on the UK Continental Shelf. Hurricane…

South China Sea in Frogtech study

Feb 20, 2017

Australia's Frogtech Geoscience has released a new basement-focused study of the hydrocarbon-rich South China Sea and Gulf of Thailand; a geologically complex region. The study (South China Sea Seebase) includes new, terrane-based plate…

ExxonMobil sets reservoir computing record

Feb 16, 2017

ExxonMobil, working with the National Center for Supercomputing Applications (NCSA), has achieved a major breakthrough with proprietary software using more than four times the previous number of processors used on complex oil and gas reservoir…

300 MMbbl Lancaster estimate was "conservative"

Feb 07, 2017

Fractured basement reservoir explorer Hurricane Energy says its previous 300 MMbbl estimate for the Lancaster field, west of Shetland is conservative.  The firm has completed technical analysis of the Lancaster, Lincoln and Warwick assets…

Hurricane spuds Halifax probe west of Shetland

Jan 16, 2017

UK independent fractured basement reservoir explorer Hurricane Energy has started drilling on its Halifax well west of Shetland on the UK Continental Shelf. The well, being drilled using the Transocean Spitsbergen semisubmersible drilling rig…

More than 250 MMbbl in Lincoln, Hurricane estimates

Dec 19, 2016

Hurricane Energy has confirmed a 'very significant fractured basement discovery,' potentially containing more than 250 MMbbl recoverable, in its Lincoln field appraisal well offshore west of Shetland, UK, the firm says.   The well has…

Hurricane agrees FPSO for Lancaster, plans to drill Halifax well

Nov 28, 2016

UK fractured basement player Hurricane Energy has agreed in principal deal for a floating production and storage offloading (FPSO) unit to develop its Lancaster field and is set to drill its nearby Halifax prospect, west of Shetland, UK. Under a heads of terms agreement…

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