Jersey Oil and Gas is resetting the timeline for its flagship Buchan field, which had been due for an investment decision next year, in order to allow for electrification studies to take place.
Jersey Oil and Gas said today that 2020 had been an “important year of consolidation” as it forged ahead with plans to redevelop the Greater Buchan Area (GBA) of the North Sea.
Jersey Oil and Gas is ready to test the market’s interest in its Greater Buchan Area (GBA) again after unveiling its £1 billion development concept, with platform electrification as a cornerstone.
A Schlumberger study has brought a “significant uplift” to resource estimates at the Buchan oilfield in the North Sea, Jersey Oil and Gas (JOG) has announced.
Jersey Oil and Gas said today that a new, fixed platform would be its preferred option for developing its flagship Greater Buchan Area (GBA) in the North Sea.
The Oil and Gas Authority (OGA) will unleash a treasure trove of data to help unlock up to 300 million additional barrels from the Greater Buchan Area.
The Oil and Gas Authority (OGA) has announced it will open a new licensing round, targeting up to 300million barrels of oil in an under-developed area of the North Sea.