We use cookies on the public areas of our website. They let you easily navigate your way around the site and allow us to improve its performance, or even recommend content we believe will be of most interest to you. By continuing to browse the site you are agreeing to our use of cookies. If you would like to learn more about how we use cookies and how you can manage them, see our Privacy & Cookie Policy.
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 and offshore rig finder are also available for download. This weeks edition covers the Irish 2015 Atlantic Margin licensing round first tranche awards, completion of the Shell BG deal, Hibiscus Petroleum receiving approval for its proposed acquisition of the Anasuria cluster, North Energy's completion of the acquisition of Explora Petroleum and Egdon Resources' spud of the Laughton-1 well.
What's included?
This report includes 3 file(s)
Northwest Europe upstream week in focus: 17 February 2016 PDF - 533.39 KB 14 Pages, 4 Tables, 10 Figures
Rig Finder.xls XLS - 71.50 KB
Well tracker.xls XLS - 83.50 KB
Description
This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.
This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.
Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.
Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.
2015 Atlantic Margin licensing round first tranche awards
Rationale
Minister of State, Mr Joe McHugh, said: "The response to the Round has been extremely positive, with 43 applications for Licensing Options received by the deadline of September 2015. This is by far the largest number of applications received in any licensing round held in the Irish offshore. At a time of very low oil prices the strong interest in the Round is very positive.
Deals
United Kingdom
Shell BG deal is completed
Deals
United Kingdom
Hibiscus Petroleum receives UK government nod for its proposed acquisition of Anasuria cluster
Norway
North Energy completes acquisition of Explora Petroleum
Assets
Rationale
Wells
2016 Offshore well starts 01 January to 17 February
United Kingdom
Egdon Resources spuds Laughton-1 well onshore UK
In this report there are 14 tables or charts, including:
Licensing
Licences awarded in first tranche
Location of blocks on offer in Porcupine Basin
BG's 10 biggest assets in NW Europe by remaining reserves
Location of BG's assets in the North Sea
Explora Petroleum AS assets
Location of equity held by Explora Petroleum in the Barents Sea
Location of equity held by Explora Petroleum in the Norwegian Sea
Location of equity held by Explora Petroleum in the Norwegian North Sea
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
Having Wood Mac analysis is table-stakes. Others are nice to have.
Analyst Metal Mining Producer
Wood Mac has the highest quality data and is demanded by our staff.
Portfolio Manager Integrated Oil Company
Others can provide data but we value the quality of the Wood Mac analysis above other sources.
As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
Contact Us
Insight | Feb 2016
Northwest Europe upstream week in focus: 17 February 2016
Have questions? Just let us know how to contact you and we will respond to you as soon as possible.
