UK’s ‘largest undeveloped’ oil find off Scottish coast

A UK-based oil and gas company claims to have discovered the “largest undeveloped” oilfield off the Scottish coast. Hurricane Energy’s Halifax prospect and nearby Lancaster field are part of the same huge reservoir that could contain one billion barrels of recoverable oil. The company says it has focused its efforts on what it believes are […]

Could new oil find signal North Sea revival?

A UK firm has completed drilling a pilot well in the North Sea’s Lancaster Field and confirmed a significant presence of oil at the site. Oil & gas company Hurricane Energy now plan to abandon their pilot well reservoir and form a “horizontal well” shooting off from the initial drilled hole. The oil is believed […]