UK: Hurricane awarded West of Shetland blocks

Hurricane Exploration PLC, focused on hydrocarbon resources in fractured basement reservoirs, has been awarded a frontier license in the second tranche UK 26th seaward license round.
Jan. 10, 2012

Hurricane Exploration PLC, focused on hydrocarbon resources in fractured basement reservoirs, has been awarded a frontier license in the second tranche UK 26th seaward license round.

The license covers ten offshore blocks: 5/1, 5/2, 5/3, 5/4, 5/5, 5/6, 5/7, 5/8, 5/9, and 206/28. The area is on the West Shetland platform immediately southwest of the Shetland Isles and northwest of the Orkneys. Hurricane will have a 100% operated interest.

The acreage fits with Hurricane’s strategy of exploring niche plays. While focused on the Devonian, the location also offers potential within the underlying basement, a cornerstone of Hurricane’s success to date.

The company noted that the license covers a large part of the Devonian Orcadian basin that has the potential to yield important resources in an area largely overlooked on the UKCS. The initial work program will involve shooting 2D seismic.

About the Author

Alan Petzet

Chief Editor Exploration

Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.

Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.

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