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UK: Union Jack Oil provides Wressle update

UK: Union Jack Oil provides Wressle update
energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.

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UK: Jersey Oil and Gas announces significant uplift in Buchan oil field contingent resource estimates

AIM-listed Jersey Oil & Gas has announced a significant increase in the 2C contingent resource estimate for the Buchan oil field, within the Greater Buchan Area in the UK North Sea. ....

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IN BRIEF: Significant Rise In Jersey Oil's Buchan Resource Estimate

IN BRIEF: Significant Rise In Jersey Oil s Buchan Resource Estimate
Tue, 26th Jan 2021 10:39
Jersey Oil & Gas PLC - North Sea-focused upstream oil and gas company - Reports significant increase contingent resource estimate for Buchan oil field, located in Great Buchan Area of the North Sea s UK continental shelf. This follows dynamic modelling of the P50 stock tank oil initially in place by Schlumberger Oilfield UK PLC, which has found the P50 estimate for Buchan oil field technically recoverable resources to be 120 million stock tank barrels. This represents a 50% increase over previous estimates. The expected ultimate recovery factor is 54% of original oil in place, historic field production having recovered 29% of stock tank oil initially in place. Buchan oil quality is sweet light crude at 33.5 degrees API. Future production is to use deviated wells high in the structure with water injection. ....

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UK: Egdon Resources announces update on Resolution 3D survey

UK: Egdon Resources announces update on Resolution 3D survey
06 Jan 2021
3D seismic survey over the
Resolution gas discovery in offshore licences P1929 and P2304.
Shell, the operator of offshore licences P1929 and P2304, has advised Egdon that the marine 3D seismic survey, planned over the
Resolution and Endeavour gas discoveries is now anticipated to be acquired in
February 2022 rather than Q1 2021. This follows the results of a revised environmental impact assessment and extensive stakeholder engagement in respect of the planned survey. This work concluded that the commercial impact on local fishing businesses, along with potential impacts on marine mammalian movements, breeding season for sea birds and tourism, meant that the optimum time window to successfully acquire seismic data in 2021 was during February, not March/April as originally anticipated. ....

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