Maersk Set to Play with Bagpuss and Blofeld

Printer Friendly Version
Email this Page

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

Printer Friendly Version
Email this Page

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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Bumi Armada's 1Q 2015 Net Profit Up 11... (May 27)
 -  HHI Delivers Ocean BlackLion Drillship... (May 27)
 -  UZMA Secures $46.1M Helicopter Service... (May 26)
 -  Malaysian Barakah's Subsidiary PBJV Re... (May 26)
 -  Rosneft Rings Management Changes (May 26)


Most Popular Articles

From the Career Center
Jobs that may interest you
Account Manager - Subsea Drilling
Expertise: Business Development|Subsea Engineering|Technical Sales|Umbilicals, Risers and Flowlines
Location: Oklahoma City, 
 
Business Development Manager,Industrial Services
Expertise: Business Development|Maintenance Engineer|Painting / Coating / Blasting|Rigger / Scaffolding
Location: Houston, 
 
Programme Manager (Infrastructure Acquisition & Management)
Expertise: Project Management
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $63.72/BBL 2.52%
Light Crude Oil : $58.03/BBL 2.82%
Natural Gas : $2.82/MMBtu 2.42%
Updated in last 24 hours