Licensing News

 

Independent Oil and Gas gets Harvey extension

Nov 29, 2017

UK focused Independent Oil and Gas (IOG) has been given a two-year extension on its Harvey license in the North Sea and says it plans to drill on the license by September 2019. The Oil & Gas Authority has extended the initial term for license P2085 to 20 December 2019…

Repsol lines up Stordal spud

Feb 23, 2017

Spain's Repsol has been given the green light to drill a well on the Napoleon North license in the Norwegian Sea using the Transocean Spitsbergen Drilling rig. The Norwegian Petroleum Directorate says well 6705/7-1, targeting the Stordal prospect…

Providence approved for second phase in Porcupine Basin

Jan 23, 2017

Offshore Ireland focused Providence Resources has been approved to move into the second phase of exploration on Frontier Exploration License (FEL) 2/14, containing the Druid and Drombeg prospects. FEL 2/14 is in  about 2250m water depth…

APA 2016: Clouds with a silver lining

Jan 18, 2017

Norway's latest licensing round has seen the fewest companies awarded licenses in the Norwegian Awards in Predefined (APA) areas in a decade.  But, the number of licenses offered remains high - the most since 2013, in fact, creating an opportunity…

56 new licenses offered on NCS

Jan 17, 2017

Offers for 56 new production licenses on the Norwegian continental shelf are being made to 29 companies, 17 of which are operators.  The offers are being made after 33 companies applied in the Norwegian Petroleum Directorate's (NPD) the Awards in Predefined Areas (APA) 2016…

AzEire awarded multiple Irish blocks

Dec 08, 2016

AzEire has been awarded licensing options over multiple blocks and part-blocks in the North Celtic Sea and Fastnet Basins offshore Ireland. The combined area of these awards totals around 3163sq km and will be held under a petroleum prospecting license for the duration of the licensing option…

OGA offers supplementary round

Dec 06, 2016

The UK's Oil & Gas Authority (OGA) has invited companies to apply for new licenses to drill at 14 blocks in the supplementary round to the 29th oil and gas licensing round. The 14 blocks on offer in the supplementary round are outside of the 29th oil and gas licensing round offer area…

OGA gets 29 applications for licensing round

Oct 31, 2016

The Oil and Gas Authority (OGA) has attracted 29 applications covering 113 blocks in the latest offshore licensing round which targeted under-explored areas of the UK Continental Shelf (UKCS). The 29th frontier licensing round, launched on 27 July 2016…

ExxonMobil, Oil Search take PNG stake

Sep 12, 2016

Supermajor ExxonMobil and independent Oil Search have taken stakes in two deepwater licenses offshore Papua New Guinea, in the southwest Pacific.  The move will see the two firms each take a 40% stake in the PPL 373 and PPL 375 licenses from Gini Energy…

Updated: Ireland awards 14 licenses in 2nd phase

Jun 03, 2016

Fourteen new licensing options have been granted to 11 companies in Ireland’s second phase of the 2015 Atlantic Margin Licensing Round, which has received the largest response in Ireland’s offshore history.   Of the 11 companies…

Barents blocks offer multi-billion barrel resource potential

May 18, 2016

The first exploration wells on new Barents Sea acreage, which has been opened to the industry for the first time, could be in place as early as next year, targeting billion barrels of oil equivalent prospects. Three new licenses in areas…

Statoil to drill 30/11-13 well with Songa Delta

Apr 19, 2016

The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for well 30/11-13, tobe drilled from the Songa Delta drilling facility in production license 035. The drilling program for well 30/11-13 relates to the drilling of a wildcat well…

Zennor completes North Sea acquisition

Mar 07, 2016

Zennor Petroleum has completed its acquisition of First Oil & Gas and Antrim Resources from the administrators of First Oil Expro. Zennor now takes over interests in the North Sea producing fields Mungo and Monan (License P059), Bacchus (License P255)…

Statoil outlines Irish awards

Mar 02, 2016

Statoil has outlined its six Licensing Options offered in Ireland’s 2015 Atlantic Margin Licensing Round. Statoil is set to be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil. The…

Dana Petroleum completes Lille John wells

Feb 15, 2016

Dana Petroleum has successfully completed the drilling of the Lille John-2 appraisal well and side-track on the Lille John oil field in license 12/06 in the Danish North Sea last week. Map from Dana Petroleum…

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