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Pilot Field Extension of Licence P2244

Sector: Wind • Location: United Kingdom

Source: Research Tree

Project
Approved

Orcadian Energy plc has received approval from the UK's North Sea Transition Authority for a three-year extension to the Second Term of the Pilot Licence P2244, extending the licence expiry date to 1 December 2028. The licence contains the Pilot field where Orcadian holds an 18.75% carried interest. The operator is preparing a refreshed sub-surface description of the field, supported by high-quali

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Project Information

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The project “Pilot Field Extension of Licence P2244” is an infrastructure initiative in the Wind sector, located in United Kingdom. Taiyo aggregates data on it from Research Tree.

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Participants

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Status

Original status

approved

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Email

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Description

Description

Orcadian Energy plc has received approval from the UK's North Sea Transition Authority for a three-year extension to the Second Term of the Pilot Licence P2244, extending the licence expiry date to 1 December 2028. The licence contains the Pilot field where Orcadian holds an 18.75% carried interest. The operator is preparing a refreshed sub-surface description of the field, supported by high-quality 3D seismic data, progressing towards a Final Investment Decision. The project aims to develop a low-emissions oil production facility using polymer flooding and wind power to maximize oil recovery and minimize carbon dioxide emissions.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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