Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Gas reserves estimate goes up at Shell’s Selene prospect

Fossil Energy – Gas Prospect

Shell has found ‘significantly better’ porosity and permeability properties at its Selene gas prospect in the North Sea, following the analysis of the data from the 2024 well, prompting partner Deltic Energy to raise its estimate of recoverable gas reserves by 33%.

[Read more…] about Gas reserves estimate goes up at Shell’s Selene prospect

Deltic Energy strikes farm-out deal on Selene Prospect

Fossil Energy – Farm-out Deal

Celtic Energy announced an agreement regarding licence P2437 and the Selene Prospect on Wednesday, as it entered into a farm-out deal with Dana Petroleum, transferring a 25% interest in the licence while retaining a 25% non-operated equity interest.

[Read more…] about Deltic Energy strikes farm-out deal on Selene Prospect