OGA Launches Supplementary Exploration Round in UKCS

The UK’s Oil & Gas Authority has launched a supplementary round to the 29th Oil and Gas Licensing Round offer, which was launched on July 27.

As part of the latest round, companies can now apply for new licences to drill for offshore oil and gas in 14 blocks. These blocks are outside of the 29th Round area, with locations varying across the UK Continental Shelf – from the Southern North Sea to the East of Shetland.

“The UKCS is unique in its position as both a frontier and mature basin and the supplementary round is an important part of our approach to facilitate exploration across the whole UKCS,” Andy Samuel, chief executive of the OGA, said.

“We are encouraged by the nominations from industry through the MER UK Exploration Board for licensing in these areas. The application of modern seismic techniques, improved collective understanding of the basin’s geology and a fresh perspective are vital to unlocking the remaining reserves in the UKCS’ mature areas,” he added.

Companies have until March 7, 2017 to apply for the blocks on offer in the supplementary round.



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

WHAT DO YOU THINK?

Click on the button below to add a comment.
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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  What Should Go On Your Electrical Engi... (Jul 25)
 -  AECOM to Lead Permitting for Monkey Is... (Jul 25)
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)


Most Popular Articles

From the Career Center
Jobs that may interest you
Survey Project Manager
Expertise: Landman|Project Management|Surveying
Location: Corpus Christi, TX
 
Foreman Fleet Operations
Expertise: Logistics Management|Operations Management
Location: Midland, TX
 
Environmental Inspector
Expertise: Environmental Engineer|Regulatory Compliance
Location: Williamsport, PA
 
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours