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Europe upstream in brief

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Welcome to the Europe upstream in brief where we bring you quick, responsive opinion and analysis on all that's going on in European oil and gas. The report provides rolling coverage of events, with stories posted to this page within 24 hours of any announcement, where possible. We offer critical insight and opinion on a wide range of topics from exploration and M&A to decarbonisation and the energy transition.

Table of contents

    • OMV’s gas ambitions set back by dry well at Hoffman
    • UKCS H1 well count up 12% from 2024
    • Equinor and Wellesley licence swaps in Fram/Troll Area
    • ExxonMobil takes flight again in Cyprus with Pegasus gas find
    • Norwegian explorers continue struggle to find large-scale resources in 2025
    • M&A on the rocks and decommissioning uncertainty for Prax
    • Equinor targets improved recovery from Johan Sverdrup
    • Ormen Lange Phase 3 subsea compression starts production
    • 502 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Hoffman and Haydn location map
  • UKCS wells spudded during H1 2014 to H1 2025
  • H1 2025 development well count by asset and operator
  • Licence changes including associated fields
  • Map of licences and discoveries
  • Cyprus - proposed development concepts and Pegasus location
  • Norway exploration well results vs. pre-drill estimates H1 2025
  • Norway exploration well results H1 2025 by operator and failure mechanism
  • Norway gas recovery factor by field
  • Viaro production profile (kboe/d)
  • Balder & Ringhorne production by phase
  • 342 more item(s)...

What's included

This report contains:

  • Document

    Europe upstream in brief

    PDF 83.26 MB