Premier Oil


All posts for Premier Oil

Improving Offshore Safety by Managing Human Risk

The safety and predictability of offshore operations could be greatly improved by a ground-breaking new project that seeks to address the risks posed by human behaviours in the oil and gas industry. The project, which is supported by the Oil & Gas Technology Centre in partnership with Premier Oil ...

Jill Tough


Posted 25 days agoPress > Offshore safetyOPEX GroupHuman Behaviour +4

Oil price, Hurricane, Zenith, Premier And finally...

Oil price The oil price just about managed a small gain yesterday although conditions were hardly ideal, disappointing Chinese growth stats and a strong dollar wouldn't have helped. Set against that was a lower than expected production report from Iran and more noise about what the US will do to V ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Malcy's BlogHurricane EnergyZenith Energy +1

Premier Oil: Sale of Babbage Area Interests

Premier is pleased to announce that it has entered into a sale and purchase agreement to sell its interests in the Babbage Area to Verus Petroleum SNS Ltd (Verus). The interests include a 47 per cent interest in the Babbage gas field, a 50 per cent interest in the Cobra discovery and certain outsta ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Premier OilDivestmentBabbage Area +3

Oil Price, Echo Energy, Chariot, Premier, Diversified Gas & Oil, and Finally…

WTI $68.10 -9c, Brent $74.64 -10c, Diff -$6.54 -1c, NG $2.77 -7c Oil Price Last week was actually relatively flat, oil consolidated at the higher levels as the market took on board the likelihood of US sanctions on I Ran and WTI fell 30 cents and Brent gained 58c. With deadline day of May 12t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > MalcyMalcy'sMalcy's Blog +5

Premier Oil: Award of Three Blocks in Mexico’s Round 3.1

28 Mar 2018 Premier is pleased to announce that it has been awarded Block 30 in the Sureste Basin and Blocks 11 and 13 in the Burgos Basin, in Mexico's Round 3.1 held in Mexico City on 27 March 2018. Blocks 30, Sureste Basin (Premier 30 per cent) Premier, together with its joint venture par ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Premier OilMexicoSureste Basin +3

Ophir Energy, Premier Oil

Ophir Energy I spotted Ophirs figs from my hotel yesterday and am looking stone wrong on this one after a reasonable set of figures were hijacked again. So, reserves up (13%), funds flow from production up (46%), reduced G&A(17%), increased liquidity (57%) and delivered NAV growth (6.4%). But, ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > MalcyMalcy'sMalcy's Blog +2

Premier Oil plc - 2017 Full Year Results

Tony Durrant, Chief Executi ve, commented: “2017 was a successful year for Premier with the refinancing completed, our producing portfolio performing well, the Catcher field brought on-stream and the notable Zama oil discovery in Mexico. 2018 will see further production growth, allowing us to d ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Premier OilResultsEarnings +1

Premier Oil: Award of the Andaman II Licence, Indonesia

Further to the announcement by the Government of Indonesia, Premier is pleased to confirm that it, together with its joint venture partners Mubadala Petroleum and Kris Energy, has been awarded the Andaman II Licence in the 2017 Indonesian Licence Round.  The Andaman II licence is located in the und ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Premier OilAndaman IIIndonesia +1

Premier Oil: Catcher Operational Update

Premier is pleased to provide the following update on its operated Catcher Area development, which was successfully brought on-stream on 23 December 2017. The first export cargo of Catcher oil of approximately 500,000 barrels was lifted yesterday, earlier than anticipated, and has been sold at a p ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Premier OilCatcherExport Cargo

Global Energy Group Praise UK Engineering Talent to Achieve First Oil for Premier's Catcher

Global Energy Group (GEG), a Scotland-headquartered energy sector service provider, has played a key role, together with local businesses, in supporting Premier Oil reach first oil on the Catcher field in the North Sea.  This was safely achieved on 23 December 2017. Initial production will be at a ...

OilVoice Press - OilVoice


Posted 5 months agoPress > GEGGlobal Energy GroupFirst Oil +5

Oil Price, Premier, Rockhopper, Wentworth And Finally…

  Oil Price Not much to add, the EIA stats were better than expected, a draw of 4.9m barrels v 3.4 guesses but not quite as impressive as the API numbers. Nevertheless crude is slightly better again this morning with $70 Brent within reach… Premier Oil A trading and operations update from ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceMalcyMalcy's Blog +4

Premier Oil: Trading and Operations Update

Premier today provides the following Trading and Operations Update ahead of its 2017 Full Year Results which will be announced on Thursday 8 March 2018. 2017 Highlights ·     Full year production of 75 kboepd in line with guidance, up 5% on 2016 ·     First oil achieved from Catcher on 23 ...

OilVoice Press - OilVoice


Posted 5 months agoPress > Premier OilOperations UpdateFirst Oil +1

Premier Oil: Catcher Area First Oil

Premier is pleased to announce that first oil from the Catcher Area was safely achieved at 15.45 hours on 23 December 2017. Initial stabilised production from the Catcher field will be at an expected rate of around 10,000 bpd.  This will be ramped up in phases with production from the Varadero fie ...

OilVoice Press - OilVoice


Posted 5 months agoPress > Premier OilFirst OilCatcher Area +1

Completion of Wytch Farm Sale

Premier is pleased to announce that following the receipt of all necessary approvals, the sale of its interests in Licences PL089 and P534 (containing the Wytch Farm field) to Perenco UK Limited has now completed. As previously announced, the sale proceeds of US$200 million (before taking into acc ...

OilVoice Press - OilVoice


Posted 6 months agoPress > Wytch FarmPremier OilPerenco UK

Oil price, Hurricane, SDX Energy, Pantheon, Genel, Premier And finally…

  Oil price Even with a decent bounce on Friday the week ended on a downward note, WTI lost $1 and Brent 33c as geopolitics wrestled with inventory oddities and of course the strong greenback encouraged by a likely rate hike didnt help. I am in Dubai for a few days so will try and test the mood ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceSDX EnergyHurricane Energy +3