Faroe Petroleum awarded two new exploration licences on the UK Continental Shelf (Scandinavian Oil-Gas Magazine)

Faroe Petroleum awarded two new exploration licences on the UK Continental Shelf

Published Nov 10, 2014

Faroe Petroleum has provisionally been awarded two new exploration licences on the UK Continental Shelf in the UK's 28th Offshore Licensing Round.

Fynn - Blocks 15/11 & 15/16d - Faroe 25%

Located in the Central North Sea, approximately six kilometres from the Faroe operated Lowlander Field, Fynn is a down-thrown prospect comprising Jurassic-aged Piper sandstones. The work programme comprises a contingent well and pre-stack-depth-migration (PDSM) processing. Well contingency is dependent on the successful outcome of the seismic processing.

Tags: Faroe Petroleum

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Faroe Petroleum awarded two new exploration licences on the UK Continental Shelf

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