Oil and Gas projects in United Kingdom

Kraken Heavy Oil Field and Mermaid Prospect – Block 9/2b – Licence P1077

Description

Kraken is a heavy oil accumulation in the UK North Sea, located in the East Shetland basin, approximately 125 km east of the Shetland Islands.

Recent Updates

  • 5 December 2018 - Kraken average gross production from January to October 2018 is 31,427 bopd. Gross 2019 production ...
  • 14 September 2018 - EnQuest switched from plans to sell a 20% stake in its Kraken field to borrowing money against it af...
  • 29 August 2018 - Bumi Armada has agreed to pay US$15 million to oil company EnQuest to settle the previous issues wit...

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