Wellesley Petroleum News

 

Wellesley Petroleum Strikes Oil in North Sea

Jul 10, 2024

Oil and gas company Wellesley Petroleum has proven oil and gas in an appraisal well drilled in the North Sea, using COSL Drilling’s COSLPromoter drilling rig.The oil was discovered in the Gnomoria Appraisal (35/10-12 S) well in the North Sea, about 100 kilometers southwest of Florø.This is the first appraisal well to be drilled in production licence 1184 S, which was awarded in APA 2022.Wellesley Petroleum is the operator of the license…

Norway Offers 53 New Production Licenses

Jan 14, 2025

The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf.Awards in Predefined Areas (APA) is an annual exploration round for the Norwegian continental shelf.  Of the 53 production licenses offered in APA 2024…

Esgian Week 28 Report: Rig Activity Robust

Jul 14, 2024

Esgian provides an update on rig activity and discoveries in its Week 28 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Equinor consent for exploration drilling in blocks 32/4 and 32/7 in the North Sea…

Esgian Week 24 Report: Noble and Diamond Offshore Announce Merger Plans

Jun 16, 2024

Esgian provides an update on Noble and Diamond Offshore’s announcement of merger plans in its Week 24 Rig Analytics Market Roundup.Report SummaryContractsADES has completed the signing of a drilling contract for a jackup with Suez Oil Company (SUCO) in Egypt…

COSLPromoter Rig Bites Dust at Toppand East Well in North Sea

Jun 14, 2024

The Toppand East well in the North Sea offshore Norway, drilled by Wellesley, Equinor and Petoro, has been proven dry.The well, 35/11-29S, located in production licence 248 C, has been permanently plugged and abandoned after it proved be dry…

Esgian Week 7 Report: Earnings Season Starts

Feb 18, 2024

Esgian has released its Week 7 Rig Analytics Market Roundup saying “The earnings season for offshore drilling contractors is officially open following Odfjell Drilling's quarterly report on Thursday. Additionally, new contract awards have been confirmed for Borr Drilling…

Equinor Drills Dry Well in North Sea

Feb 16, 2024

Norwegian energy giant Equinor has drilled a dry exploration well in the North Sea offshore Norway.The exploration well 35/11-28 in the North Sea, part of 258 C license, has proved to be dry, according to the Norwegian Offshore Directorate.The…

Esgian Week 5 Report: A Week of Rig Moves

Feb 02, 2024

Esgian has released its Week 5 Rig Analytics Market Roundup saying it was the week of rig moves, as several units completed their respective campaigns and moved on to ports either to wait for new assignments or to prepare for upcoming jobs. Meanwhile…

Wellesley Gets Permit to Drill Wildcat Well in Toppand East

Jan 30, 2024

The Norwegian Offshore Directorate has granted Wellesley Petroleum a drilling permit for well 35/11-29 S in production license 248 C in the North Sea offshore Norway.The exploration well will be drilled with COSL’s COSLPromoter rig, hired on behalf of 248 C license partners by Wellesley Petroleum…

Norway Offers 24 Companies Ownership Interest for Oil and Gas Licenses

Jan 16, 2024

Norwegian government has offered 24 companies ownership interests in 62 production licenses on the Norwegian shelf in pre-defined areas (APA) 2023, Norway's regulator of the petroleum resources informed.The awards, unveiled on January 16, 2024…

UK Regulator Greenlights North Sea Oil Field Farmout

Oct 13, 2023

Malaysian oil and gas company Hibiscus Petroleum has received UK regulator approval to acquire a stake in a UK North Sea license from Rapid Oil, as proposed in late August 2023.Hibiscus Petroleum's subsidiary Anasuria Hibiscus, and Ping Petroleum on August 30…

Wellesley Petroleum Makes Gas/Condensate Discovery Offshore Norway, NPD Confirms

Jul 19, 2023

Wellesley Petroleum AS, operator of production license 1148, has concluded the drilling of wildcat wells 35/10-10 S and 35/10-10 A (Carmen prospect), offshore Norway, and has made a gas/condensate discovery, the Norwegian Petroleum Directorate confirmed Tuesday…

Wellesley Petroleum, Partners Make 'Norway's Largest Offshore Discovery since 2013'

Jul 10, 2023

Norwegian oil and gas company DNO on Monday announced a significant gas and condensate discovery on the Carmen prospect, claiming it to be the largest discovery offshore Norway since 2013.Wellesley Petroleum the operator of the offshore license PL1148 in the North Sea…

OMV Norge Strikes Oil at Eirik Prospect in North Sea, Off Norway

Apr 20, 2023

Oil and gas company OMV Norge has made an oil discovery at the Eirik prospect in the North Sea, off Norway, the Norwegian Petroleum Directorate said Thursday.The wildcat well 15/2-2 S, in the production license 817, where OMV is operator,  was…

Equinor Secures Drilling Consent for Litago and Eggen Prospects in North Sea

Mar 28, 2023

Norwegian offshore oil and gas safety regulator the Petroleum Safety Authority Norway (PSA) has given Equinor consent for exploration drilling in block 31/2 in the North Sea.The consent is related to the well well 31/2-24 (top hole), and well…

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