Jersey Oil and Gas appoints contractors for GBA development

8 October 2019 (Last Updated October 8th, 2019 09:38)

Independent upstream oil and gas company Jersey Oil & Gas (JOG) has awarded contracts to Rockflow Resources and Petrofac Facilities Management for Greater Buchan Area (GBA) development project in the North Sea.

Jersey Oil and Gas appoints contractors for GBA development
Jersey Oil and Gas has appointed contractors for GBA development. Credit: gloriaurban4 from Pixabay.

Independent upstream oil and gas company Jersey Oil & Gas (JOG) has awarded contracts to Rockflow Resources and Petrofac Facilities Management for Greater Buchan Area (GBA) development project in the North Sea.

Under the contract, Rockflow will provide subsurface evaluation support and Petrofac will provide facilities and well support for the concept selection phase of the GBA project.

Jersey Oil has developed a working relationship with both Rockflow and Petrofac.

During the last last two years, the companies played a major role in supporting the company in its successful application in the UKCS 31st Supplementary Offshore Licensing Round, which gave rise to the award of the GBA development.

JOG noted that its acreage interest in the GBA, including P2170, is expected to have more than 100 million barrels of oil equivalent (MMboe).

JOG CEO Andrew Benitz said: “I am delighted to announce the award of contracts to both Rockflow and Petrofac.

“We look forward to building on our valued relationship with both companies as we progress through the critical concept selection phases of the Greater Buchan Area development project.”

In July, the company secured 100% working interests and operatorship of three blocks in the Oil & Gas Authority’s (OGA) 31st Supplementary Offshore Licensing Round.

The acreage awarded includes the GBA and the J2 oil discovery and is contiguous with the company’s existing interest in Licence P2170 comprising Blocks 20/5b and 21/1d.

In the same month, JOG signed a three-month option agreement with Equinor, under which the latter has secured an option over a 50% equity interest in respect of Blocks 20/5d and 21/1a (Buchan Blocks).