Shell takes charge of oil-prospective UK blocks

www.offshore-mag.com, 21 Aug 2014 09:55

Sterling Resources has transferred operatorship of two UK central North Sea licenses to Shell UK following a farm-in deal, reports Offshore. Block 22/26c includes the Beverley oil prospect while block 21/30f contains the Evelyn and Belinda oil discoveries. The partners are preparing to drill a commitment well next year, either on Beverley or on Evelyn. Shell will largely carry Sterling’s share of the well costs.

 

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