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Drilling & production - 01 February 2018

Erin Energy discovers Hydrocarbons in Oyo-NW Well

Erin Energy Corporation has announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation.


UKOG provide update on onshore Isle of Wight licence

UK Oil & Gas Investments PLC has announced that to focus upon appraising the onshore PEDL331 Arreton oil discovery and satellite exploration prospects, it has informed the Oil and Gas Authority that it will not seek any further extension to the offshore P1916 Licence.


Phoenix rising – UK offshore industry poised for surge of FIDs

According to Rystad Energy, the UK offshore oil and gas industry is stirring back to life, fuelled by a robust uptick in the number of field development projects on which operators are expected to reach a final investment decision (FID) this year.