Premier has announced that the Carnaby exploration well 28/09-5A (Premier equity 50 per cent) has reached a total depth of 4,695 feet and encountered oil. Initial analysis indicates that the well encountered 51 feet of net oil in the main Tay sandstone within an estimated 86 feet oil column. A core was taken and confirmed [...]
Sembcorp Marine‘s subsidiaray SMOE Pte Ltd has secured a contract worth about US$175 million from Premier Oil Natuna Sea B.V. for the engineering and construction of 2 Wellhead Platforms, 2 infield sub-sea pipelines and modification works on an existing facility for the Naga and Pelikan Project, offshore Indonesia. The platform topside and jacket each weighs [...]
Premier Oil has signed a sale and purchase agreement (SPA) with Skeie Energy AS to acquire a 20 per cent equity interest in PL407 and a 40 per cent equity interest in the adjacent PL406 licence on the Norwegian Continental Shelf. This will increase Premier’s stake in the Bream project to 40 per cent and [...]
UK-based drilling contractor Awilco Drilling PLC announces today that it has signed the contract with Premier Oil UK Limited for the provision of WilPhoenix semi-submersible offshore drilling rig for a term drilling program. The program will start in direct continuation from the previous Premier contract and is firm until 28th February 2014 with options for [...]
Premier announces that the Stingray exploration well (15/13b-11) drilled on Licence P1212 (Block 15/13b) has reached a total depth of 2,129 metres and is being plugged and abandoned as a dry hole (Premier 50 per cent). The next exploration well to be drilled by Premier in the UK North Sea is the Carnaby well on [...]
Premier has received approval of its Field Development Plan (FDP) for the Solan field (Premier 60 per cent, Chrysaor 40 per cent) from the Department of Energy and Climate Change. The Premier-operated Solan field, located on the UK Continental Shelf West of Shetland, is expected to produce approximately 40 million barrels of oil with an [...]
Last month Awilco Drilling PLC and Premier Oil signed letter of award (LoA) for the provision of WilPhoenix drilling rig. The contract was confirmed yesterday. Premier oil, an independent British UK oil company focused on exploration, has hired the rig for the drilling of two firm wells and up to two option wells. The contract [...]
A UK based drilling contractor Awilco Drilling PLC has signed a Letter of Award (LOA) with Premier Oil Limited for the provision of WilPhoenix for the drilling of two firm exploration wells estimated at 30 days each with the option to drill up to two additional wells. The contract value for the firm period is estimated [...]
Premier Oil announces that the Lama formation within the Anoa field on Natuna Sea Block A (Indonesia) has been successfully tested. The WL-5 development well on Natuna Sea Block A was deepened to a total depth of 11,012 feet to investigate the exploration potential of the Lama Formation within the Anoa Field. The well encountered [...]
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Apache Energy on February 25 marked the official opening of the Devil Creek Gas Plant by the Premier of Western Australia and Minister for State Development, the Hon. Colin Barnett MLA. The development, located in the northwest of Western Australia, represents an investment of approximately AUS$1.1 billion by Apache and its joint venture partner, Santos [...]