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14 Pages

Northwest Europe upstream week in focus: 17 February 2016

Northwest Europe upstream week in focus: 17 February 2016

Report summary

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


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.

  • Licensing
    • Ireland
      • 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
    • United Kingdom
    • Norway
    • Netherlands
    • Denmark
    • Well data for Laughton-1
    • Location of exploration well Laughton-1
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