Harbour Energy averaged a record 501,000 boed over the first nine months of the year, up 6 percent from a year earlier, and lifted full-year production guidance to 500,000-505,000 boed from 490,000-500,000 boed on strong operational performance and the integration of LLOG in the U.S. and Waldorf in the UK. Third-quarter production was 484,000 boed, […]
The UK government has introduced legislation that would end new oil and gas exploration licences in the North Sea while creating a mechanism to support continued production from existing offshore developments. The Energy Independence Bill would remove the North Sea Transition Authority’s power to issue new licences for exploring previously unlicensed oil and gas fields. […]
Kistos Holdings PLC said Monday it had signed an agreement to acquire a 30 percent stake in the Seaward Production Licenses containing the planned Abbey and Baker natural gas projects on the United Kingdom’s side of the North Sea. Petrogas North Sea Ltd will remain operator with a 70 percent interest. “The acquisition is expected […]
The North Sea Transition Authority (NSTA) estimates UK proven and probable (2P) oil and gas reserves at 2.5 billion barrels of oil equivalent (Bboe) as at the end of 2025, 0.4 Bboe lower than a year earlier.
The UK’s energy market regulator, Ofgem, is looking to keep Britain’s gas import capacity from mainland European connectors to preserve flexibility to import gas in case of strong demand.
The UK has approved development of the Jackdaw gas-condensate field off northeast Scotland, clearing owner Adura to start production within weeks. The North Sea Transition Authority (NSTA) granted development and production consent on Oct. 21. That followed an environmental review led by the Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) and Energy Secretary Miatta Fahnbulleh’s agreement to the consent. According to Wood Mackenzie, Jackdaw lies 225 km (140 mi) east of Aberdeen and holds about 68 MMboe. The government expects it to raise domestic gas production by about 6% at its peak.
The UK government is reportedly poised to approve the Jackdaw development in the North Sea, a move welcomed by Aberdeen energy leaders who are urging officials to follow with approval of Rosebank and broader reforms aimed at restoring offshore investment.
The public consultation for Adura’s Jackdaw gas project has concluded, marking another regulatory milestone as the UK government considers whether to approve the North Sea development.
UK energy and union bosses have called on the country’s ruling Labour party to prioritize indigenous oil and gas production over imports, for the sake of energy security, jobs and climate goals, days before Andy Burnham is set to take over as prime minister. In an open letter to the Parliamentary Labour Party, dated July […]
The UK Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) has opened a public consultation on Adura’s Jackdaw gas field, marking another step in the regulatory approval process before the North Sea project can begin production.