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2018-09-26 09:05:00

TOTAL: GAS FOR BRITAIN

TOTAL: GAS FOR BRITAIN

OGJ - Total SA made a natural gas discovery on the Glendronach prospect offshore UK West of Shetland that it believes can be commercialized quickly and at low cost by leveraging the existing Laggan-Tormore infrastructure.

The well, drilled to a final depth of 4,312 m, encountered a gas column of 42 m of net pay in a high-quality Lower Cretaceous reservoir. Preliminary tests confirm good reservoir quality, permeability, and well production deliverability, with recoverable resources estimated at about 1 tcf, Total said.

Total said the discovery, which was drilled in 300 m of water on Block 206/04a in a formation below the Edradour reservoir, can be developed quickly with the existing systems around Edradour field and the Laggan-Tormore facilities of the Shetland gas plant.

"Glendronach is a significant discovery for Total which gives us access to additional gas resources in one of our core areas and validates our exploration strategy," said Arnaud Breuillac, Total president, exploration and production.

The Glendronach discovery is operated by Total E&P UK with 60% interest. Partners are Ineos E&P UK Ltd., 20%, and SSE E&P UK Ltd., 20%.

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Earlier:

IMF: BRITAIN'S ECONOMIC CHALLENGES
2018, September, 19, 13:10:00

IMF: BRITAIN'S ECONOMIC CHALLENGES

IMF - Beyond Brexit, the UK faces a range of other economic challenges. These include persistently lackluster productivity growth, large public debt, and the wide current account deficit. The UK’s sound macroeconomic framework, regulatory environment, and deep capital and flexible labor markets will be advantages in implementing reforms to address them.

 
 RUSSIAN GAS FOR BRITAIN ANEW
2018, March, 16, 10:10:00

RUSSIAN GAS FOR BRITAIN ANEW

BLOOMBERG - While Europe as a whole gets more than a third of its gas from Russia, that share is lower in the U.K., which receives the bulk of its fuel from North Sea fields and Norway. Still, Moscow-based Gazprom PJSC was the second-biggest supplier to major industrial consumers in the U.K. last year, according to Britain’s energy regulator Ofgem.

 RUSSIAN GAS FOR BRITAIN AGAIN
2018, March, 16, 10:05:00

RUSSIAN GAS FOR BRITAIN AGAIN

FT - of the six LNG tankers that have made deliveries into the UK so far in 2018 three have carried cargoes originally from Russia, leading to questions about whether Moscow was gaining a foothold in the UK gas market after starting up the Yamal LNG facility in Siberia late last year.

 RUSSIAN GAS FOR BRITAIN OVER
2018, March, 16, 10:00:00

RUSSIAN GAS FOR BRITAIN OVER

REUTERS - So far this year, two Yamal cargoes unloaded at British terminals for domestic consumption, accounting for about a third of Britain’s 2018 LNG imports after typical supplier Qatar pre-sold the bulk of its winter output to Asia last year.

 RUSSIAN GAS FOR BRITAIN
2018, March, 14, 11:30:00

RUSSIAN GAS FOR BRITAIN

PLATTS - The Russia-UK poisoning row threatens to put renewed strain on the two countries' deep-seated energy ties, illustrated by some of the first ever LNG shipments from Russia's vast new Yamal LNG facility now arriving in the UK.

 SIBERIAN LNG FOR BRITAIN
2018, March, 4, 10:50:00

SIBERIAN LNG FOR BRITAIN

FT - UK gas prices have soared this week as the extreme weather dubbed the “Beast from the East” generated huge demand for energy. Wholesale “same-day” prices more than quadrupled at one point to reach their highest level in at least 12 years.

 BRITAIN'S GAS DOWN 50%
2017, December, 25, 20:05:00

BRITAIN'S GAS DOWN 50%

PLATTS - The amount of gas held within the UK's medium-range natural gas storage facilities has fallen by more than 50% since the end of November on the back of high demand allied to weaker UK gas production.

 

 

Tags: TOTAL, GAS, BRITAIN

Chronicle:

TOTAL: GAS FOR BRITAIN
2018, December, 17, 10:15:00

QATAR'S LNG FOR PAKISTAN

TP - With fast growing demand and expanding gas receiving capacity in Pakistan, the South Asian nation is expected to source more liquefied natural gas (LNG) from Qatar, said the country’s visiting Finance Minister Asad Umar.

TOTAL: GAS FOR BRITAIN
2018, December, 17, 10:10:00

QATAR'S INVESTMENT FOR U.S.: $20 BLN

REUTERS - Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state unexpectedly quit OPEC this month.

TOTAL: GAS FOR BRITAIN
2018, December, 17, 10:05:00

U.S. INDUSTRIAL PRODUCTION UP 0.6%

U.S. FRB - U.S. industrial production rose 0.6 percent in November after moving down 0.2 percent in October; the index for October was previously reported to have edged up 0.1 percent. In November, manufacturing production was unchanged, the output of mining increased 1.7 percent, and the index for utilities gained 3.3 percent.

TOTAL: GAS FOR BRITAIN
2018, December, 17, 10:00:00

U.S. RIGS DOWN 4 TO 1,071

BHGE - U.S. Rig Count is down 4 rigs from last week to 1,071, with oil rigs down 4 to 873 and gas rigs unchanged at 198. Canada Rig Count is down 12 rigs from last week to 174, with oil rigs down 7 to 95 and gas rigs down 5 to 79.

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