North Sea
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The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
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The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.
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This paper describes the implementation of a one-way wave equation in slowness domain outputting gathers up to Nyquist frequency, which can be used to generate high-resolution seismic sections and amplitude-vs.-offset studies.
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The North Sea Transition Authority has updated its UKCS Well Applications and Consents Guidance to include the process for applying for consent to drill carbon-storage wells.
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Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
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Operators are turning to new gas-lift and nanoparticle-fluid technologies to drive up production rates.
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Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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The North Sea Transition Authority has published its first table identifying 13 operators that are behind schedule in decommissioning their inactive North Sea wells.
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Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
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