"Sea Lion" News

Weak demand helps Premier reduce costs

Aug 20, 2015

Weak demand for services in the oil sector is helping operator Premier Oil to reduce costs on its Vette and Sea Lion projects, the firm said this morning.   While the now expected prolonged low oil prices could put pressure on future projects…

Premier plows on with projects

Jul 09, 2015

UK-based operator Premier Oil says work on its west of Shetland Solan development remains on track for start up in 4Q, while it looks for cheaper options for its Norwegian Vette project. Premier Oil says it is also moving towards pre…

Noble targets billion+ bbl Falklands cluster

Jun 15, 2015

Noble Energy started drilling on the potentially play-opening Humpback prospect in the south Falklands basin on Saturday, according to partner Falkland Oil and Gas (FOGL).  According to Noble, Humpback holds 250 MMbbl estimated gross…

Premier confirms Isobel Deep oil find

May 28, 2015

Premier Oil’s “high-impact, play-opening” Isobel Deep North Falkland Basin well has made an oil discovery, the operator confirmed this morning, in higher than expected reservoir pressure. Operations have been suspended and the rig will be released to drill in the South Falkland Basin…

Solan on for 2015 first oil

May 13, 2015

Premier Oil is planning to make sanction decisions on its Falkands Sea Lion and Norwegian Vette developments in 2016, the operator said this morning.  The plans come as the firm says it is making “improved progress” on the completion…

Noble announces Falkland acreage

Apr 13, 2015

US-based Noble Energy acquired from Argos Resources a 75% interest and operatorship of 285,000 gross acres in the PL001 license in the North Falkland basin, northwest of the PL032 license that includes the Sea Lion oil discovery.   Edison International SpA obtained the remaining 25%…

Premier spuds latest Falklands target

Apr 09, 2015

UK-based Falklands explorer Premier Oil has spudded its second 2015 exploration campaign well in the north Falklands basin. The Eirik Raude. From Ocean Rig.   If successful, the 14/20…

Falklands success for Premier Oil

Apr 02, 2015

Premier Oil’s first exploration well in its 2.1 billion bbl 2015 Falkland’s drilling campaign has confirmed the extension of the giant Sea Lion discovery.  The 14/15b-5 Zebedee exploration well, using the Eirik Raude semisubmersible drilling rig…

Premier starts 2015 Falklands campaign

Mar 06, 2015

Premier Oil spudded its first 2015 Falklands drilling campaign well, 14/15-5, using the Eirik Raude semisubmersible drilling rig on the Zebedee prospect on 6 March. The well, on license PL004b, will test a total of seven stacked fan bodies…

Eirik Raude readies for Falklands campaign

Feb 02, 2015

The latest drilling campaign offshore the Falkland Islands is expected to start next month, partner Falkland Oil and Gas (FOGL) said this morning. Announcing that the rig for the campaign, Ocean Rig's Eirik Raude drilling rig has started mobilization from West Africa…

Premier maintains momentum

Jan 14, 2015

Independent oil firm Premier Oil is sticking to an eight-well exploration campaign in 2015, including its four-well campaign in the Falkland Islands, due to start in March, and its first well in the emerging Mandal High play offshore Norway…

Initial phase FPSO plan for Sea Lion

Nov 14, 2014

International independent Premier Oil has said its Falklands Sea Lion development is to be scaled back, initially, to make it a phased development due to rising costs and low oil prices.  Initial costs on an initial, smaller floating…

Volatility hits oil and gas contracting levels

Oct 30, 2014

The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…

BOEM weighs Cook Inlet lease sale

Oct 22, 2014

The US Bureau of Ocean Energy Management (BOEM) is inching closer to an oil and gas lease sale in the Cook Inlet offshore Alaska. The agency said it intends to publish an environmental impact statement (EIS) in the federal register on 23 October 2014 for Sale 244…

Despite setback, Noble returns to the Falklands

Oct 01, 2014

Noble Energy will resume exploratory drilling in the Falkland Islands next year after acquiring and reviewing extensive 3D seismic of its 10 million acre-position. In late February 2014, London-based joint venture partner Falkland Oil…

Current News

Eni Buys Exmar's Tango FLNG for Use in the Congo

Eni Buys Exmar's Tango FLNG for Use in the Congo

Russia Ups Stakes in Sakhalin Energy Standoff in Sanctions Retaliation

Russia Ups Stakes in Sakhalin Energy Standoff in Sanctions Retaliation

SBM Orders Seventh Fast4Ward Hull

SBM Orders Seventh Fast4Ward Hull

Equinor Makes Move on Rosebank

Equinor Makes Move on Rosebank

Subscribe for OE Digital E‑News

Offshore Engineer Magazine