Iog News

 

IOG gets extension for Blythe

Dec 08, 2016

Independent Oil and Gas (IOG) has extended the licenses for Blocks 48/22b and 48/23a in the Southern North Sea (SNS) containing the Blythe gas discovery (P1736) until 31 December 2017, following discussions with the UK Oil & Gas Authority…

IOG drops Cronx plans

Nov 01, 2016

Independent Oil and Gas (IOG) has received initial results from new interpretations of 3D seismic data covering the Blythe Hub licenses in their Southern North Sea (SNS) portfolio and also provides a further update on the Cronx acquisition…

IOG to submit Vulcan Satellites plan next year

Oct 28, 2016

UK explorer Independent Oil and Gas (IOG) has completed the acquisition of 100% of the shares of Oyster Petroleum, a subsidiary of Verus Petroleum. Oyster holds southern North Sea licenses containing the Vulcan East, Vulcan North West and Vulcan South fields…

Skipper well turns up heavy oil

Sep 30, 2016

Initial results from the Skipper appraisal well in the UK North Sea have shown oil 'significantly' heavier than expected, but in sands with higher permeability than thought. Operator and 100% owner Independent Oil and Gas says it will now review its development strategy for the field…

IOG comes up dry at Skipper

Aug 19, 2016

Independent Oil and Gas (IOG) has come up dry in Skipper’s secondary objective, and the company will plug and abandon the well. IOG completed its first operated appraisal well on its 100% owned and operated Skipper oil discovery which…

Successful Skipper well, despite delays

Aug 17, 2016

UK based explorer Independent Oil and Gas (IOG) is targeting two prospects thought to contain 46 MMbbl after successfully appraising the Skipper oil discovery in the North Sea. While drilling the Skipper appraisal well hit delays, due to the need to re-spud the well…

Skipper well to spud next week

Jul 14, 2016

UK explorer Independent Oil and Gas (IOG) is due to spud an appraisal well on the Skipper oil discovery next week. The Skipper prospect, 100% owned by IOG, is in Block 9/21a in license P1609 in the northern North Sea. IOG says success of the well would be 'transformational' for the company…

Skipper well to start mid-late July

Jun 30, 2016

UK-based explorer Independent Oil and Gas (IOG) expects to take Transocean's Sedco 704 semisubmersible drilling rig on contract and start drilling an appraisal well on the Skipper oil discovery in the second half of July 2016.   Skipper…

IOG doubles reserves on Blythe deal

Jun 21, 2016

UK-based Independent Oil and Gas (IOG) has completed its acquisition of the 50% of the Blythe discovery it didn't already own, doubling its reserves. IOG has gained 100% of the discovery by acquiring 50% in a license covering Blocks 48/22b and 48/23a in the Southern North Sea…

IOG acquires Vulcan fields

Jun 13, 2016

North Sea exploration firm Independent Oil and Gas (IOG) has agreed to buy Oyster Petroleum off Verus Petroleum (previously Bridge Energy) for up to £3.25 million (US$4.6 million).   The move will see IOG take over 320.7 Bcf (53.45 MMboe)…

Skipper well back on, with alternative financing

Jun 07, 2016

Independent Oil and Gas is finally set to drill its delayed appraisal well on the Skipper discovery in the Northern North Sea next month using Transocean's Sedco 704 semisubmersible drilling rig.  The vertical well will be drilled to…

IOG eyes unmanned Blythe development plan

Apr 19, 2016

Independent Oil and Gas (IOG) is planning to submit a field development plan for the southern North Sea Blythe field and nearby discoveries. The move is likely to involve a small unmanned platform, with pre-installed risers for future tie-back opportunities…

iOG, eDrilling focus on Middle East and India

Feb 24, 2016

iOG Solutions and eDrilling today announced the formation of a partnership aimed at better serving exploration and production companies operating in the Middle East and India. iOG Solutions and eDrilling has partnered up to provide an…

IOG delays Skipper, seeks funding

Jan 13, 2016

Independent Oil and Gas (IOG), the North Sea focused oil and gas company, will delay the Skipper appraisal well until there is greater stability and clarity in the oil market. This follows recent oil price movements and bad weather in the North Sea…

IOG gains North Sea extensions

Dec 31, 2015

Independent Oil & Gas (IOG) has received extensions from the Oil and Gas Authority (OGA) for its Cronx and P2085 licenses located in the North Sea. Cronx OGA has extended the Cronx license by one year to 9 January 2017. In addition…

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