October. Drilled to a total depth of 4275m, the well encountered hydrocarbons but not in sufficient quantities to justify a drill stem test and so was a disappointment. Just now, Agip is drilling the 164/27-1 [...] frontier concessions awarded in the recent 17th licensing round is a prospect known as Fles Nord. This is thought to harbour large gas resources and is therefore of particular interest to Norsk Hydro, which also [...] wasted a considerable amount of shareholders? money as a member of a partnership lead by Mohave that drilled the Lusitania Basin - Aljubarrota prospect in 2000 and again in 2001. The adventure proved a commercial

extracted from Faroese wells. A simple look at a map of the North East Atlantic reveals how close the infrastructure, which is being developed in the North and West of Shetland, is located to the prospective [...] Oil Terminal much beyond what we have originally envisaged. It is the first piece of fixed infrastructure going out west. There is a lot of exploration going on to the West of Shetland and to the East [...] the Terminal is operated by BP Amoco on behalf of 30 oil company partners, ? An annual rent is paid to Shetland by the oil industry for the land on which the oil terminal is situated, ? A Shetland Islands

time display is man made - and serves as a powerful symbol of the impact oil has had on the Orkney Islands. A huge orange flame has blazed above the Flotta Oil terminal for almost a quarter of a century now [...] from becoming a major oil port. Essentially, a range of payments is made to the islands council, which invests the money for the greater good of the community as a whole. They have funded many economic and [...] mainland and is generated from waste gases produced as crude oil delivered by seabed pipeline is processed at the terminal. North Sea oil abruptly arrested many decades of decline - and began a remarkable

Argyll Field and by 1978 production had reached a million barrels a day. Aberdeen was enjoying unprecedented prosperity with hotel rooms at a premium and hardly a seat available in the rapidly increasing number [...] Fields which just a few years ago provided at that time insurmountable obstacles and were uneconomic are now almost routine. The North Sea is a mature province but the message the industry is struggling to [...] ended with a year in which the price was down to under $10 a barrel at the beginning at up to more than $26 by the end but hopes were high that the new Millennium would bring new prosperity. A step towards

world?s oil and gas nations. Quite how this will be achieved is a question that will occupy many minds this winter as oil company geologists and others closely analyse the results of the three-well programme [...] conditions. A cautious Elttur said: ?The success of this well is very important for the Faroe Islands as a future oil province, even if we do not at this moment of time know whether the find is commercial [...] make a real difference to the next year?s campaign by other consortia, including the Agip and Foroya Kolvetni (FK) partnership. This is a particularly important time for FK in that, though it is largely

That is at any rate the view held by the Danish company DONG, which, as a member of The Faroes Partnership, is participating in the drilling of the third exploratory well on Faroese territory. »It is easier [...] savings is that the drilling team has been able to optimise the drilling work as the programme has proceeded »When one drills so many wells, one acquires a thorough knowledge of the subsoil in a specific [...] By Lise Kirkegaard It takes more than a successful exploratory well for a drilling operation on foreign territory to be a success. It also takes integration into and understanding of the local culture

That is at any rate the view held by the Danish company DONG, which, as a member of The Faroes Partnership, is participating in the drilling of the third exploratory well on Faroese territory. »It is easier [...] savings is that the drilling team has been able to optimise the drilling work as the programme has proceeded »When one drills so many wells, one acquires a thorough knowledge of the subsoil in a specific [...] By Lise Kirkegaard It takes more than a successful exploratory well for a drilling operation on foreign territory to be a success. It also takes integration into and understanding of the local culture

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