Northwest Europe upstream week in focus: 21 July 2016 Report

Insight 21 July 2016

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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 is available for download. This edition covers a busy week for North Sea E&A as in Norway: Det Norske spuds the Rovarkula prospect, Wintershall continues its campaign to prove-up reserves around Vega, and Engie spuds the Cara prospect; in the UK: Zennor has announced the discovery of commercial volumes at Finlaggan, and Premier Oil spuds the Bagpuss prospect. In Norway M&A, Faroe Petroleum announced the acquisition of a package of DONG Norway assets.

Deals
- Norway
  - Faroe Petroleum announces the acquisition of DONG Norway assets
  - Wells
    - 2016 Offshore well starts 01 January to 21 July
    - United Kingdom
      - Premier spins the bit on Bagpuss
    - United Kingdom
      - Commercial volumes confirmed at Finlaggan
    - Norway
      - Det Norske spuds Rovarkula prospect in central North Sea
    - Norway
      - Engie spuds Cara prospect in the northern North Sea
    - Norway
      - Wintershall spuds wildcat 35/11-20 A, continues Vega reserves campaign