Search results for: Butch South West

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  • 2 June 2014

    Faroe Petroleum has announced the spudding of the Centrica-operated Butch South West exploration well 8/10-6S (Faroe 15%).

  • 2 June 2014
    Business & Finance, Equipment, Operations & Maintenance

    Faroe Petroleum, an independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, has  announced the spudding of the Centrica-operated Butch South West exploration well 8/10-6S (Faroe 15%). Butch South West, which is adjacent to the Company’s 2011 Butch discovery, is situated in approximately 65 […]

  • 7 July 2014

    Faroe Petroleum has announced that drilling has reached target depth on the Centrica-operated Butch South West exploration well 8/10-6S which follows up the Butch East well and the Butch Main discovery (Faroe 15%). The Butch South West exploration well 8/10-6S spudded in early June 2014 and reached total depth of 1,945 metres in the Permian Zechstein […]

  • 12 May 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, informed that drilling has reached target depth on the Centrica-operated Butch East exploration well 8/10-5S and a subsequent up-dip appraisal well 8/10-5A, the first of two back-to back-wells in Licence […]

  • 12 May 2014
    Business & Finance, Project & Tenders

    Faroe Petroleum announced that drilling has reached target depth on the Centrica-operated Butch East exploration well 8/10-5S and a subsequent up-dip appraisal well 8/10-5A, the first of two back-to back-wells in Licence PL405, following up the Butch Main discovery (Faroe 15%). The Butch East exploration well spudded on 29 December 2013 and reached total depth […]

  • 7 July 2014
    Business & Finance, Research & Development

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that drilling has reached target depth on the Centrica-operated Butch South West exploration well 8/10-6S which follows up the Butch East well and the Butch Main discovery (Faroe 15%). The […]

  • 10 January 2012
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that due to technical difficulties the drilling of a side-track well on the Butch South West exploration prospect has been brought to a close short of its exploration objective. […]

  • 30 December 2013

    Faroe Petroleum has announced the spudding of the Centrica operated Butch East exploration well 8/10-5S (Faroe 15%), the first of two back-to back-wells in Licence PL405/PL405B. Butch East, which is adjacent to the Company’s 2011 Butch discovery, is situated in approximately 65 metres water depth in the Norwegian North Sea, close to significant existing infrastructure […]

  • 8 April 2013

    Gas shows were recorded in the Paleocene interval although no hydrocarbons were found in the Cretaceous and accordingly the well has been declared dry.

  • 21 January 2014
    Business & Finance

    Faroe Petroleum, announces the spudding of the VNG-operated Pil exploration well 6404/12-3S (Faroe 25%). The Pil prospect (Licence PL 586) is located within tie-back distance (33 kilometres) to the Njord platform in which the Company holds a 7.5% interest. The prospect is a combined structural and stratigraphic closure and the primary target is at the […]

  • 26 February 2013
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, provides an operational update. The Company currently has two exploration wells Rodriguez South (Faroe 30%), Norwegian Sea and North Uist (Faroe 6.25%), West of Shetland. Planned near term exploration wells […]

  • 26 September 2013
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas group focused on oil and gas exploration and production in the Atlantic margin, Norway and the North Sea, announces its unaudited Interim Results for the six months ended 30 June 2013. The Company reports Revenue at £89.0million (1H2012: £90.6million) and EBITDAX at £56.9million (1H2012: £62.8million). Profit after tax was £12.2 million (1H 2012: […]

  • 26 September 2013
    Business & Finance

    Faroe Petroleum, the independent oil and gas group focused on oil and gas exploration and production in the Atlantic margin, Norway and the North Sea, announces its unaudited Interim Results for the six months ended 30 June 2013. The Compan reports Revenue at £89.0million (1H2012: £90.6million) and EBITDAX at £56.9million (1H2012: £62.8million). Profit after tax was £12.2 million (1H 2012: […]

  • 27 January 2014
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the UK and Norway, announces the results of the Novus exploration well (Faroe 30%). Operated successfully by Faroe, the exploration well 6507/10-2S, which spudded on 11 November 2013, was targeting the Jurassic reservoirs of the […]

  • 27 May 2014
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, has announced the completion of a successful initial side-track appraisal well on the Pil oil and gas discovery (Faroe 25%) in the Norwegian Sea. The Pil side-track well (6406/12-3 B), to appraise for additional hydrocarbons along the Pil structure and down-dip from the initial discovery well, has reached a total depth of 3,996 […]

  • 27 May 2014

    Faroe Petroleum has announced the completion of a successful initial side‐track appraisal well on the Pil oil and gas discovery (Faroe 25%) in the Norwegian Sea. The Pil side‐track well (6406/12‐3 B), to appraise for additional hydrocarbons along the Pil structure and down‐dip from the initial discovery well, has reached a total depth of 3,996 […]

  • 27 January 2014
    Business & Finance, Project & Tenders

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the UK and Norway, announces the results of the Novus exploration well (Faroe 30%).   Operated by Faroe, the exploration well 6507/10-2S, which spudded on 11 November 2013, was targeting the Jurassic reservoirs of the […]

  • 27 June 2013
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, provides an operational update. The Company has a material and active investment programme ahead, which is fully funded from existing cash flow, cash reserves and debt facilities. Production and development […]

  • 7 December 2011
    Business & Finance

    Faroe Petroleum announces that Centrica has completed a successful initial side-track well on the Butch oil discovery (Faroe 15%) located in the Norwegian North Sea. As announced on 18 October 2011, the Butch exploration well (8/10-4 S) encountered net oil pay of approximately 50 metres in the Upper Jurassic reservoir of the Ula formation and […]

  • 19 October 2011
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, yesterday reported an oil discovery in well 8/10‐4S on the Butch prospect (Faroe 15%) located in the Norwegian North Sea. The well encountered net oil pay of approximately 50 metres […]

  • 22 February 2016

    Dong Energy has reportedly decided to shut down production from the Oselvar field offshore Norway 14 years earlier than planned due to reservoir issues.  The Oselvar oil and gas field is located in the southern part of the Norwegian sector of the North Sea and it was put in production in April 2012. The field is located […]

  • 4 March 2013

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway,has announced the spudding of the Darwin exploration well (7218/11-1) (Faroe 12.5%). The Darwin prospect is located on the Veslemøy High in the frontier western part of the Barents Sea approximately […]