Faroe Petroleum News

 

VNG spuds Blink prospect

Sep 23, 2015

VNG Norge has started drilling on the Blink prospect in the Norwegian Sea offshore Norway. The well, 6406/12-5 S, is in license PL586, which also contains the recent significant Pil and Bue discoveries (announced in 2014), says partner Faroe Petroleum…

VNG Norge hits pay on Boomerang

Sep 17, 2015

VNG Norge has made an oil discovery in the main bore of the Boomerang exploration well offshore Norway. Well 6406/12-4S on Boomerang was drilled close to the Pil discovery and encountered a 26m gross Upper Jurassic intra-Spekk/Rogn sandstones with good reservoir properties and moveable oil…

Shell’s Portrush comes up dry

Sep 11, 2015

Shell’s Portrush prospect in the Norwegian Sea encountered no hydrocarbons and will be permanently plugged and abandoned, according to partner Faroe Petroleum. Image of the Transocean Barents. From Transocean…

Bister bites the dust

May 20, 2015

Statoil's Norwegian Sea Bister well found no oil, partner Faroe Petroleum reports. Drilling on Bister, in production license 348/C, near the 2013 Snilehorn discovery, reached target depth and intersected good quality reservoirs, but no hydrocarbons were found…

Statoil spuds Bister in Norwegian Sea

Apr 28, 2015

Statoil spudded the Bister exploration well 6407/8-7 in the Norwegian Sea, says Aberdeen-based exploration firm Faroe Petroleum. Map from Faroe. The Bister prospect is in production license 348/C…

43 companies net Norwegian stakes

Jan 20, 2015

Norway's Ministry of Petroleum has welcomed interest in its latest Awards in Pre-defined Areas licensing round, despite the expection that future discoveries in the area will be smaller than in the past.  Stakes in some 54 new production…

FMC Technologies gets Total subsea Edradour, Glenlivet work

Oct 16, 2014

FMC Technologies, Inc. received an order from Total to supply subsea systems for its Edradour and Glenlivet fields offshore in the West of Shetland area. FMC Technologies' scope of supply consists of subsea equipment including manifolds and associated connections and controls equipment…

Faroe selects Petrofac for SNS assets

Oct 13, 2014

Petrofac has secured a duty holder contract for two assets in the southern North Sea, following their acquisition by Faroe Petroleum. Petrofac will continue to provide operations and facilities management to the Schooner and Ketch platforms…

Faroe completes Tullow deal

Oct 10, 2014

Faroe Petroleum has completed the acquisition of a 53.1% operated interest in the Schooner field and a 60% operated interest in the Ketch field in the UK southern North Sea gas basin from Tullow Oil. Both fields are in Blocks 44/26a and 43…

Faroe takes step into Irish offshore

Oct 06, 2014

Faroe Petroleum has made its first move into the Irish offshore by picking up three new, two-year Licensing Options (14/1, 14/2 and 14/3) on the southern margin of the North Celtic Sea basin.  A work program, agreed with Irish authorities…

Three options for Butch

Sep 24, 2014

Centrica Energy is considering three different concepts to develop the Butch discovery in the Norwegian sector of the North Sea according to partner Faroe Petroleum.  Three concepts under study are a subsea tie-back to the Ula field,…

Oyster takes central North Sea stake

Sep 23, 2014

Oyster Petroleum has entered into a farm-in agreement which will see it earn 25% interest in production licenes P.1948 in the central North Sea. License P.1948 covers blocks 29/7c, 12, 13 and 14 in the UK Central North Sea and includes the Shipley and Forwood Prospects…

Tullow continues North Sea sale

Sep 05, 2014

Tullow Oil announced that its subsidiary Tullow Exploration & Production has agreed to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q5 block interests to AU Energy, a subsidiary of Mercuria Energy Group…

Bue adds bonus to Pil area

Jul 11, 2014

VNG Norge has discovered oil on the Bue well, in production license (PL) 586, offshore Norway, and increased its resource estimate for the nearby Pil discovery, in the same license.  The combined resource of both finds has been estimated at 80-200MMboe by partner Faroe petroleum…

Subsea solution for Butch?

Jul 07, 2014

Concept select to develop the Butch discovery in the Norwegian sector of the North Sea is due to be made by Centrica in early 2015, according to partner Faroe Petroleum.  The move follows an unsuccessful well on the Butch South West exploration well 8/10-6S…

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