Insight

Northwest Europe upstream week in focus: 15 June 2016

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The Week in focus has been published for over 30 years and covers all exploration and appraisal drilling activity throughout Northwest Europe. The report also provides comprehensive coverage of deals and licensing activity, detailing all farm-ins/outs, asset sales/swaps, corporate acquisitions and licence awards. A well tracker is available for download. This weeks edition covers: Four deals in the UK: Magellan sells its Weald Basin acreage; IOG acquiring interest in Vulcan Satellites; Union Jack acquiring interest in PEDL182; partner alignment has been reached in licences P2253 and P2258. In Ireland, Kosmos has exited two Frontier Exploration Licences while in Norway, Statoil continues its campaign to prove up resource volumes in the Krafla Area and we cover the deal between Det Norske and BP Norway.

Table of contents

    • United Kingdom
      • Southern Gas Basin promote licence equity aligned
    • United Kingdom
      • Independent Oil and Gas acquires Vulcan Satellites
    • United Kingdom
      • Magellan sells Weald acreage
    • United Kingdom
      • Union Jack Oil acquires a stake in PEDL182
    • Ireland
      • Kosmos exits Irish licences
        • Rationale
        • Norway
          • Det Norske and BP Norway announce creative deal: merge to form Aker BP
          • Wells
            • 2016 Offshore well starts 1 January to 15 June
            • Norway
              • Statoil spuds Slemmestad exploration well

Tables and charts

This report includes 21 images and tables including:

  • Equity position in P2253
  • Equity position in P2258
  • Location of licences P2253 and 2258
  • Location of licences P039, P2122, P130 and P1915
  • Interest change in licences P039, P2122, P130 and P1915
  • Location licence PEDL234
  • Location licence P1916
  • Interest change in licence PEDL234
  • Interest change in licence P1916
  • Location of PEDL 182
  • Interest change in PEDL 182
  • Licence interest change
  • Location of FEL 1/13, 2/13 and 3/13
  • BP Norway assets and WI
  • Det Norske assets and WI
  • United Kingdom
  • Norway
  • Netherlands
  • Denmark
  • Location of the 30/11-14 exploration well
  • Well spud data for 30/11-14