Exiting Egypt, United’s Larkin eyes a return to deal making
“The first target has an NPV of $4bn, for a $30mn well. We know it’s frontier exploration and the chance of success is maybe 20%, but it stands up.”
Maria field
United calls off sale of CNS assets to Quattro Energy
United Oil & Gas has cancelled its planned sale of a brace of central North Sea assets, after buyer Quattro Energy failed to meet extended deadlines for fundraising.
Wintershall eyes first oil from Maria in first half 2018
Germany’s Wintershall said today that first oil from its flagship Norwegian project could be brought forward to the first half of 2018.
Wintershall picks CHC as aviation partner for drilling campaign
Wintershall has picked CHC to provide helicopter services in support of the drilling programme on the Maria Field in the Norwegian Sea.
Statoil gets PSA consent for Maria field tie-ins
Statoil has received consent for modifications at Kristin and Tyrihans in connection with tie-in of the Maria field.
Wintershall awards Odfjell $175million rig contract for Maria
Wintershall has awarded Odfjell Drilling's semi-submersible Deepsea Stavanger a $175million contract for the drilling of production wells on the Maria field in the Haltenbanken area of the North Sea.
Wintershall gets nod for Maria in Norway
Wintershall and its partners Petoro and Centrica have been given approval by the Norwegian government for the development and operation (PDO) of the Maria field.
Wintershall boosts production estimates from Maria field
Wintershall has estimated a further 40million barrels of oil could be recovered from the Maria field in Norway. The company said the planned recoverable resources will reach about 180 million barrels of oil in total. Previous estimates had been around 140 million barrels. It said the new assumptions are the result of extensive laboratory tests and studies as well as model calculations.