OGA sanctions North Sea Wick license farm-in

May 17, 2018
Britain’s Oil & Gas Authority has approved a farm-in by Upland Resources (UK Onshore) to the P2235 license in the North Sea (block 11/24b).

Offshore staff

TORTOLA, British Virgin Islands – Britain’s Oil & Gas Authority has approved a farm-in by Upland Resources (UK Onshore) to the P2235 license in the North Sea (block 11/24b).

This would give Upland a 40% share of the license, where operatorCorallian Energy plans to drill a well this summer on the Wick prospect.

Most of the structure lies within the licensed area: Upland estimates potential resources at around 250 MMbbl.

05/17/2018