France’s Total said on March 17 it had made a new gas and condensate discovery located in the central North Sea offshore the U.K., about 170 km east of Aberdeen.
Total, which holds a 30% working interest and is operator of the field, said the well was drilled in water about 80 m deep.
The company said analysis of the data and results are ongoing to assess to whether the find is commercially viable.
Other partners in the field include Neptune Energy, which has a 50% interest, Ithaca Energy with 10% and Euroil Exploration, a wholly owned subsidiary of Edison, 10%.
Riviera Resources engaged EnergyNet to market its remaining upstream assets, CEO David Rottino says, with plans for the transactions to close by fourth-quarter 2020.
Clay Gaspar, president and COO at WPX Energy, sat down with Hart Energy’s Jessica Morales for an in-depth look at the shale producer’s outlook for the Permian and Williston basins along with the importance of ESG.
Oil output at controversial assets to increase even as government seeks to cut emissions, Canada’s natural resources minister says.