Total enters UK shale gas arena through recent purchase

Total SA has entered into the UK shale gas arena through the purchased of 40% interest in two shale gas exploration licenses in the UK, paying $1.6 million in back costs and the funding of a fully carried work program of up to $46.5 million.

Licenses 139 and 140 cover 240 sq km in the Gainsborough Trough area of the East Midlands region of the UK.

Total has the option to exit after an initial period of the program corresponding to a minimum commitment of $19.5 million.

The program includes the acquisition of 3D seismic; the drilling and testing of a vertical exploration well and associated well pad construction; and the drilling and flow-testing of a second appraisal horizontal well, which is conditional on the success of the testing of the exploration well.

Total’s partners in the project include GP Energy Ltd., a Dart Energy Europe subsidiary, with 17.5%, Egdon Resources UK Ltd. 14.5%, Island Gas Ltd. (IGas) 14.5%, and eCorp Oil & Gas UK Ltd. 13.5%.

John Francis Thrash, chief executive officer of eCorp International LLC, said, “From a North American shale E&P perspective, this very compelling prospect has many of the physical attributes of the best basins in the US. From a shale [mergers and acquisitions] perspective, the transaction, which represents about 1% of our UK-Europe holdings, is a quantum leap in value creation.”

IGas will be the operator of the initial exploration program, with Total taking over operatorship as the project moves toward development.

IGas said completion is expected to take place no later than June 30.

Total, which touts 105,000 boe/d in UK production in 2013, said it will become the UK’s largest oil and gas producer by 2015, with investments totaling $2 billion. The company has had a presence in the UK since 1962.

“[Total] is already involved in shale gas projects in the US, Argentina, China, Australia, and in Europe in Poland and in Denmark, and will leverage its expertise in this new venture in the UK,” said Patrice de Vivies, Total senior vice-president, northern Europe.

The company’s current UK projects, both slated for start-up this year, include West Franklin Phase II in which Total is operator at 40,000 boe/d capacity, and the Laggan-Tormore project in which Total is operator at 90,000 boe/d capacity, in the West of Shetland area.

More than 90% of Total’s production in the UK comes from several operated fields in the Alwyn zone in the northern North Sea and the Elgin-Franklin zone in the central Graben.

Total last year restarted production of gas and condensate on the Elgin-Franklin complex after it was shut off in 2012 because of a gas leak on the G4 well (OGJ Online, Mar. 11, 2013).

Related Articles

BHI: US oil rig count rises for first time in 30 weeks

07/02/2015 A sudden 12-unit jump in oil-directed rigs during the abbreviated week ended July 2 represented their first rise since Dec. 5, 2014, and helped lif...

FourPoint Energy to acquire Anadarko basin assets from Chesapeake

07/02/2015 FourPoint Energy LLC, a privately owned Denver company, plans to acquire oil and gas assets from Chesapeake Energy Corp. subsidiaries Chesapeake Ex...

Tullow Oil provides production update on Jubilee, other fields

07/01/2015 Tullow Oil PLC reported that gross production for the Jubilee field offshore Ghana averaged 105,000 b/d in this year’s first half, up from 102,000 ...

USGS: Water usage for fracturing varies widely across shale plays

07/01/2015 The volume of water required to hydraulically fracture wells varies widely across the country, according to the first national analysis and map of ...

Group suggests principles for Alberta royalty review

06/29/2015 The Canadian Association of Petroleum Producers (CAPP) has suggested that four principles guide Alberta in an oil and gas royalty review planned by...

OGJ Newsletter


Security through change


At the start of this month the US Army published its "Energy Security & Sustainability (ES2) Strategy" report. 

Mubadala starts production at Nong Yao in Gulf of Thailand

06/29/2015 Mubadala Petroleum, Abu Dhabi, started production on June 17 from its Nong Yao oil field in the G11/48 concession of the southern Gulf of Thailand.

BHI: US rig count posts first increase in 29 weeks

06/26/2015 Buoyed by respective rises in natural gas-directed and offshore rigs, the US drilling rig count gained 2 units during the week ended June 26 to rea...
White Papers

Definitive Guide to Cybersecurity for the Oil & Gas Industry

In the Oil and Gas industry, there is no single adversary and no single threat to the information tech...

UAS Integration for Infrastructure: More than Just Flying

Oil and gas companies recognize the benefits that the use of drones or unmanned aerial systems (UAS) c...

Solutions to Financial Distress Resulting from a Weak Oil and Gas Price Environment

The oil and gas industry is in the midst of a prolonged worldwide downturn in commodity prices. While ...
Sponsored by

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by
Available Webcasts

Better Data, Better Analytics, Better Decisions

When Tue, Oct 27, 2015

The Oil & Gas industry has large amounts of data stored in multiple systems which are purpose built for certain tasks. However, good decisions require insights based upon the data in all of these systems. These systems in turn do not talk to each other. So the process of analyzing data, gaining insights, and making decisions is a slow one and often a flawed one. Good decisions require accurate analytics and accurate analytics require superior/sustainable data quality and governance. This webinar focuses on:

  • The importance of data quality and governance
  • How technological advances are making data quality and governance sustainable in order to get the accurate analytics to make solid decisions.

Please join us for this webcast sponsored by Seven Lakes Technologies and Noah Consulting.


Operating a Sustainable Oil & Gas Supply Chain in North America

When Tue, Oct 20, 2015

Short lead times and unpredictable conditions in the Oil & Gas industry can create costly challenges in supply chains. By implementing a LEAN culture of continuous improvement you can eliminate waste, increase productivity and gain end-to-end visibility leading to a sustainable and well-oiled supply chain.

Please join us for this webcast sponsored by Ryder System, Inc.


On Demand

Leveraging technology to improve safety & reliability

Tue, Sep 22, 2015

Attend this informative webinar to learn more about how to leverage technology to meet the new OSHA standards and protect your employees from the hazards of arc flash explosions.


The Resilient Oilfield in the Internet of Things World

Tue, Sep 22, 2015

As we hear about the hype surrounding the Internet of Things, the oil and gas industry is questioning what is different than what is already being done. What is new?  Using sensors and connecting devices is nothing new to our mode of business and in many ways the industry exemplifies many principles of an industrial internet of things. How does the Internet of Things impact the oil and gas industry?

Prolific instrumentation and automation digitized the industry and has changed the approach to business models calling for a systems led approach.  Resilient Systems have the ability to adapt to changing circumstances while maintaining their central purpose.  A resilient system, such as Maximo, allows an asset intensive organization to leverage connected devices by merging real-time asset information with other critical asset information and using that information to create a more agile organization.  

Join this webcast, sponsored by IBM, to learn how about Internet of Things capabilities and resilient systems are impacting the landscape of the oil and gas industry.


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected