Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Maersk Set to Play with Bagpuss and Blofeld

change text size

North Sea Energy announced Friday that Maersk Oil has agreed to farm into the Bagpuss and Blofeld prospects in the UK North Sea.

The deal sees Maersk acquire a 25-percent working interest in blocks 13/24c and 13/25 which contain the prospects within UK offshore license P.1943. In return it will carry 100 percent of North Sea Energy's forward costs, drill the initial Bagpuss prospect exploration well and pay some costs already incurred by North Sea Energy.

The prospects are located on the Halibut Horst, which is described by North Sea Energy as a well-defined basement high within the Moray Firth in the North Sea.

"We are very excited to have successfully farmed-out the Bagpuss prospect to a world-class partner in Maersk Oil for the initial exploration and appraisal of the prospect," North Sea Energy CEO Craig Anderson.

North Sea Energy will retain a 15-percent working interest in blocks 13/24c and 13/25.

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Petronas Carigali Extends BW Offshore'... (Oct 30)
 -  AWE, Santos Progress Development of In... (Oct 30)
 -  Eni Mulls Partnership with Pemex in Me... (Oct 30)
 -  UK Juniors Apply for Isle of Wight Lic... (Oct 29)
 -  Oilfield Suppliers Launch Products, Se... (Oct 29)
Most Popular Articles
From the Career Center
Jobs that may interest you
Production Supervisor
Expertise: Process Management
Location: Thibodaux, LA
 
Project Manager (MT)
Expertise: Project Management
Location: Billings, MT
 
Well Test Supervisor
Expertise: Well Site Supervisor
Location: Farmington, NM
 
search for more jobs