Hurricane chief hails capital support, reports first half loss
Hurricane Energy reported a loss for the first half the year of $4.2million.
Hurricane Energy
OGUK challenges scientists’ gloomy North Sea prediction
Industry body Oil and Gas UK (OGUK) has challenged scientists’ gloomy prediction that North Sea oil and gas reserves will run out in 10 years.
Without Aberdeen, there’s no Hurricane Energy, oil chief says
Hurricane Energy’s landmark oilfield development west of Shetland is “on time and going according to plan”, the firm’s boss has said.
Hurricane wise to take FPSO to Dubai for refit, analyst says
Hurricane Energy’s decision to have the FPSO for its Lancaster field upgraded in Dubai is a good move, an analyst has said.
Hurricane Energy sweeps towards first oil, confirms final investment decision
Hurricane Energy this morning confirmed it had made the final investment decision (FID) on its early production system (EPS) for its fractured basement Lancaster field.
Hurricane Energy rethinks offer
Hurricane Energy today confirmed it would take the next five days to consider whether to issue or ditch a pre-emptive offer to shareholders.
The five biggest billion barrel discoveries of recent times
As Premier Oil and Talos announce a billion barrel find in Mexico's Zama-1 exploration well - the first offshore exploration well drilled by the private sector in Mexico's history - EV decided to compile a list of the five most recent billion barrel hauls worldwide. The numbers alone are staggering.
Hurricane oil discovery boost for city office take-up
Hurricane Energy's announcement of what it hailed as the largest undeveloped oil find in UK waters has lifted spirits in the commercial property market in Aberdeen.
Hurricane boss Robert Trice reaps rewards of ‘transformational’ year
Hurricane Energy’s plans for the largest undeveloped discovery in the UK North Sea have delivered a bumper pay boost for the firm’s chief executive.
Hurricane Energy turns profit, chairman hails success
Hurricane Energy made a post-tax profit of £700,000, it was confirmed in its annual report today.
New report boosts estimates for Hurricane’s Lancaster field
North Sea firm Hurricane Energy said today that a new study had revealed a large increase in recoverable volumes held in its Lancaster field west of Shetland.
Opinion: FPSO the obvious solution for Hurricane’s huge find
Hurricane Energy’s recent announcement of a major discovery at its Halifax well, West of Shetlands is very significant for the UK oil and gas industry. At a time when investment has been seriously reduced by the low oil price, and in the absence of any significant new finds, it heralds a potential revival in the sector.
West of Shetland UK super-resource now on the cards
On April 7, Hurricane said its latest estimate for Lancaster field reserves had been upgraded threefold to just shy of 600million barrels based on a predicted 25% recovery factor.
Delight as untapped field found west of Shetland
The discovery of an “absolutely colossal” untapped oil field has given the North Sea a welcome shot in the arm.
McCaig calls Hurricane find another reason to revise fiscal regime
Callum McCaig has welcomed Hurricane's announcement that it may have found the largest undeveloped UK North Sea reserve.
Hurricane Energy proves Lancaster and Halifax are one structure, claims it is largest undeveloped discovery on the UKCS
Hurricane Energy claim to have data that backs up the company's view that the Lancaster field and Halifax prospect is one single large hydrocarbon accumulation.
Hurricane applies for North Sea Lancaster field production system
Hurricane Energy has asked the UK Government for permission to build an early production system (EPS) on its landmark Lancaster field in the North Sea.
Undeveloped North Sea oil field is potential goldmine, Hurricane says
Fresh analysis of one of the UK North Sea’s largest undeveloped oil fields has reinforced the owner’s belief that the size of the west of Shetland asset is “substantial”.
Hurricane Energy says new test peg previous estimates as “conservative”
Hurricane Energy today said new testing had cast its previous resource estimates as "conservative".
Hurricane Energy spuds West of Shetland well
Hurricane Energy today confirmed it had spud another well for its West of Shetland drilling campaign.
Hurricane shares up on 100million barrel upgrade
Shares in Hurricane Energy soared nearly 12% yesterday after the North Sea explorer added 100 million barrels of oil to its estimates on a discovery West of Shetland.
Hurricane Energy’s West of Shetland find totals 250 million barrels
Hurricane Energy today confirmed its basement discovery located west of Shetland totals 250 million barrels oil.
Exclusive: Hurricane – the UK’s basement pioneer
No-one has put as much effort into the basement play on the UK Atlantic Frontier as Dr Robert Trice. And he explains why to Jeremy Cresswell
Hurricane signs FPSO deal on track for West of Shetland first oil
Hurricane Energy has struck a deal for the Aoka Mizu Floating Production Storage and Offloading Vessel (FPSO) on the company’s Lancaster field, West of Shetland.
Hurricane Energy to drill second West of Shetland well
Hurricane Energy today confirmed it poised to drill back-to-back West of Shetland wells.