BP has begun evacuating personnel from the Gulf of Mexico, as Category 5 Hurricane Irma churns in the Atlantic Ocean, making its way towards Florida. The projected path for Hurricane Irma. Image from the US National Weather Service…
Operators are evacuating platforms and rigs as Hurricane Harvey, a Category 4 hurricane, spins in the Gulf of Mexico, according to the Bureau of Safety and Environmental Enforcement (BSEE). Hurricane Harvey's path…
Fractured basement explorer Hurricane Energy is set to raise US$520 million to help it fund its Lancaster early production system (EPS), west of Shetland. The cash would be through a $300 million in a share placing and a further $220 million in a convertible bond offering…
A new evaluation on Hurricane Energy's Lancaster field, west of Shetland, has said the field contains 2.3 billion bbl in place, a 120% increase compared to the 2013 estimate, and attributed 2P reserves to the field for the first time. According to the Competent Persons Review (CPR)…
Hurricane Energy has tripled its recoverable resource estimate for its Lancaster field in the North Sea to nearly 600 MMbbl. In its investor presentation, Hurricane provided an 'exaggerated' 3D model of Lancaster…
Fractured basement explorer Hurricane Energy is closer to proving its Halifax discovery is linked to its Lancaster field, forming a single field, which would be the UK's largest undeveloped discovery on the UK Continental Shelf. Hurricane…
UK independent fractured basement reservoir explorer Hurricane Energy has started drilling on its Halifax well west of Shetland on the UK Continental Shelf. The well, being drilled using the Transocean Spitsbergen semisubmersible drilling rig…
Hurricane Energy has confirmed a 'very significant fractured basement discovery,' potentially containing more than 250 MMbbl recoverable, in its Lincoln field appraisal well offshore west of Shetland, UK, the firm says. The well has…
UK fractured basement player Hurricane Energy has agreed in principal deal for a floating production and storage offloading (FPSO) unit to develop its Lancaster field and is set to drill its nearby Halifax prospect, west of Shetland, UK. Under a heads of terms agreement…
Hurricane Energy was awarded the P2308 licence (Halifax) offshore the UK by the Oil and Gas Authority in an out of round application. The licence is contiguous to, and extends north east from, Hurricane’s existing Lancaster licence. The…
UK-based basement explorer Hurricane Energy has spudded its latest well West of Shetland. The firm, which recently completed the successful Lancaster 7 appraisal spudded the Lincoln well on 8 November, the firm said. The Lincoln well…
Hurricane Energy is suspending the Lancaster sidetrack well offshore the UK to develop as a future producer and moving on to its Lincoln well. Technip today also confirmed a win for its subsea joint venture with FMC Technologies, Forsys Subsea…
Hurricane Energy is looking to raise US$86 million (£70 million) of new capital to fund its Lancaster development, West of Shetland, offshore the UK. Image from Hurricane Energy. The…
Hurricane Energy has reported a sustainable flow rate from a horizontal side-track well at its Lancaster discovery, West of Shetland, offshore the UK. Image from Hurricane. The…
Technip and FMC Technologies have been picked by Hurricane Energy to be an exclusive provider of subsea equipment to the firm's fractured basement Lancaster development, west of Shetland. Under a provisional agreement, the firms, under their alliance…
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