PRODUCTION SUMMARY
Production from 1 January to 30 April 2013 averaged 20,494 Boepd, reflecting the third party shutdowns of the Brent pipeline in Q1 2013. EnQuest confirms production guidance of between 22,000 Boepd and 27,000 Boepd for the full year.
Amjad Bseisu, Chief Executive, said
“EnQuest’s growth and execution remain on course….
US shale oil will help meet most of the world’s new oil needs in the next five years, even if demand rises from a pick-up in the global economy, said the agency in its five-year outlook for the oil market.
The “steeper than expected” rise in supply from North America…
UK Secretary of State for Energy and Climate Change Ed Davey said Thursday that he expects oil and gas to remain a vital part of the country’s energy mix for decades.
Speaking at an Oil & Gas UK event in London, Davey said:
“As we move to a low carbon economy,…
Royal Dutch Shell is pressing ahead with the world’s deepest offshore oil and gas production facility by drilling almost two miles underwater in the politically sensitive Gulf of Mexico.
The move is being viewed in the oil industry as a demonstration of Shell’s confidence that its technology can deliver returns…
The scandal of official reluctance to develop Britain’s shale gas potential is at last beginning to surface. It may prove to be the dress rehearsal for the ultimate drama — the inexorable collapse of our whole energy strategy.
Most of us have by now heard about the US shale gas…
