Hot plays: Four upcoming UK North Sea exploration targets
We take a look at four North Sea exploration targets and hotspots from firms including NEO Energy, Shell, Harbour and Horizon Energy
We take a look at four North Sea exploration targets and hotspots from firms including NEO Energy, Shell, Harbour and Horizon Energy
Shares in London-listed Deltic, holder of 30% of the licence, soared in mid-morning trading as investors reacted to the news.
Deltic Energy (LON: DELT) looks to drill a "similar sized prospect to Pensacola in the summer of 2024".
As far as discoveries go, uncovering over 300 billion cubic feet (bcf) of gas and the decade’s largest find isn’t half bad in an increasingly wizened basin.
As of 24 February, Westwood Global Energy reports that there are two exploration wells, with one each in the NNS and SNS, and one appraisal well active in the CNS. Since the previous report, one exploration well has completed at Orlov.
Hot on the heels of the largest discovery in a decade for the Southern sector, Deltic Energy (LON: DELT) is seeking partners of its next North Sea prospect.
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.
Deltic Energy has reported a significant gas and oil discovery at the Shell-operated Pensacola prospect in the Southern North Sea.
A gas find from Shell (LON: SHEL) and Deltic Energy (LON: DELT) could prove very positive for other players with exploration targets in the Southern North Sea.
Partner Deltic Energy saw its share price rocket by 50% on the news.
Plays by Shell (LON: SHEL), TotalEnergies (LON: TTE) and Ithaca Energy (LON: ITH) are listed amongst Wood Mackenzie’s UK North Sea wells to watch.
Drilling operations have begun at an eagerly awaited gas prospect that could open up part of the Southern North Sea.
A key exploration well from Shell (LON: SHEL) and Deltic (LON: DELT), which could open up a dozen other licences in the Southern North Sea, is “imminent”.
Reabold Resources (LON: RBD) has announced plans to farm-in to a Shell North Sea licence near the hotly-tipped Pensacola prospect to be drilled next month.
London-listed oil and gas firm Deltic Energy has announced the results of a planned fundraiser.
Reabold Resources has announced a conditional offer to acquire Simwell Resources, a privately held explorer with several licences across the southern North Sea.
Deltic Energy (LON: DELT) has successfully raised £15 million to finance its ongoing operations, as well as further North Sea exploration.
London-listed Deltic Energy (LON: DELT) has announced plans to carry out a fundraise in order to support its ongoing and future activities.
A Shell (LON:SHEL) exploration target in the North Sea has been named among Westwood Global Energy Group’s ‘key wells to watch’ for the rest of 2022.
As of 25 July, Westwood Global Energy reports that there are three exploration wells active, with two in the CNS and one in the NNS.
Shell (LON: SHEL) and Deltic Energy (LON: DELT) have decided to invest in a high-impact exploration well in the UK North Sea.
As of 23 June, Westwood Global Energy reports that there is one exploration well active in the CNS. One appraisal well in the NNS was completed as an oil producer well since the last report.
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have gone with a Maersk Drilling rig for their Pensacola exploration target in the UK North Sea.
Shell and Deltic Energy have set out development options and a date for drilling a high-impact exploration target in the North Sea.
Shell and Deltic Energy will press ahead with drilling a major North Sea gas exploration target later this year.