"Sea Lion" News

Sea Lion-1 drilling delayed

Sep 29, 2015

Hibiscus Petroleum is experiencing further delays at Sea Lion prospect offshore Australia due to weather delays, according to partner 3D Oil Ltd.'s (TDO). The drilling of the Sea Lion-1 exploration well has been further delayed due to continuing…

Rockhopper, Falkland Oil and Gas to merge

Nov 24, 2015

Rockhopper Exploration has agreed a deal to take over fellow Falklands explorer Falkland Oil and Gas (FOGL). The move will make the combined company the largest North Falkland Islands license and discovered resource holder with a material working interest in all key licenses in the area…

Premier spuds latest Falklands target

Nov 23, 2015

Premier Oil has spudded its latest Falklands Islands exploration well. The 14/20-2  Isobel - 2 well in the North Falklands basin is a second attempt on the Isobel Deep area, after drilling in May hit oil shows in a suspected high pressure formation…

Hibiscus in Hydra takeover

Nov 11, 2015

Malaysia-based Hibiscus Petroleum and Australia’s Hydra Energy entered into a deal that will see Hibiscus acquire 100% of the outstanding shares of Hydra Energy at “fair market value.” The addition of Hydra Energy and its portfolio of…

Premier Oil nears Sea Lion FEED contracts

Sep 15, 2015

Premier Oil is aiming to award front-end engineering and design (FEED) contracts for the North Falklands Sea Lion project in 4Q this year, partner Rockhopper Exploration says. Sea Lion is about 220km north of the Falkland Islands in 450m water depth…

GlobalData: Brazil will drive FPSO global growth

Oct 29, 2015

Brazil will lead global growth in the floating production, storage and offloading vessel (FPSO) industry despite the country’s national oil company, Petrobras, recently facing allegations of corruption, says research and consulting firm GlobalData…

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…

Noble hits delays on Falklands Humpback

Aug 25, 2015

Noble Energy's Humpback exploration well in the south Falklands basin has hit operational issues with results likely to be delayed by about a month, according to partner Falkland Oil and Gas (FOGL).  The well, which spudded on 13 June 2015…

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…

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…

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 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…

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…

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…

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