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UK

The UK Continental Shelf, where Faroe has significant exploration acreage combined with steady production, remains an area of continued focus.

Agar/Plantain - P1763

The Plantain exploration prospect will be drilled first followed by a contingent side-track to appraise the Agar oil discovery. Read more

Area Equity Partners Blocks
South Viking Graben 25% equity Azinor Catalyst (25% and operator)
Cairn Energy (50%)*
9/9d, 9/14a

Blane - P111

The Blane Oil Field was discovered in 1989 and is located in the Central Graben (UK), extending into the Norwegian sector. Read more

Area Equity Partners Blocks
North Sea (UK) 44.4982% equity Repsol Norge AS (18% and operator)
Repsol Sinopec Resources UK Ltd (25.0012%)
Dana Petroleum (12.5006%)
30/3a (Upper)

East Foinaven - P803

The BP operated East Foinaven Field is located in the Atlantic Margin 190 kilometres west of Shetland. Read more

Area Equity Partners Blocks
West of Shetland (UK) 10% equity BP (36% and operator)
Marathon (47%)
Britoil Ltd (7%)
204/24a, 25b

Edinburgh - P2401*

The Edinburgh prospect straddles the UK/Norway border in the Central North Sea, at the south eastern end of the prolific Josephine Ridge area, south of the producing Blane field (Faroe 44.5%) and adjacent to the producing Flyndre/Cawdor fields operated by Maersk. Read more

Area Equity Partners Blocks
Central North Sea 100% equity Faroe (100% and operator) 30/14b

Enoch - PL048 D/P219

The Enoch Oil Field is located close to Glitne on the UK/Norway median line in the North Sea (NO). Read more

Area Equity Partners Blocks
North Sea (UK/NO median line) 13.86% equity Repsol Sinopec North Sea (24% and operator)
Repsol Sinopec LNS (1.2%)
Dana Petroleum (BVUK) (20.8%)
First Oil Expro (in administration) (14%)
Endeavour Energy (UK) (8%)
Equinor Energy AS (11.78%)
CapeOmega AS (4.36%)
Aker BP ASA (2%)
15/5

Ketch - P453

The Ketch Gas Field is located in the Silver Pit Basin of the southern North Sea (UK) in water depth of approximately 54 metres; 28 kilometres south of the Caister and Murdoch Fields and 160 kilometres northeast of the Theddlethorpe Gas Terminal (TGT) on the Lincolnshire coast. Faroe is the operator for this licence. Read more

Area Equity Partners Blocks
North Sea (UK) 60% equity Tullow Oil UK Limited (40%) 44/28b

Minke Main - P611/P454

The Minke Main Field is situated approximately 25 kilometres east of the producing Caister-Murdoch Gas Fields and 13 kilometres south west of the D15 platform in the Dutch sector. Read more

Area Equity Partners Blocks
North Sea (UK) 5.89% equity Neptune E&P(15.6% and operator)
Premier (42.7%)
INEOS (35.8%)
44/24a, 29b, 30

Orca - P454/P611

The Orca Gas Field was discovered in 1993. It is located in the UK Southern Gas Basin and is proved to extend into the Dutch sector. Read more

Area Equity Partners Blocks
Southern Gas Basin (UK) 3.24% equity Neptune E&P Netherlands (22.5% and operator)
EBN (22.5%)
Premier (23.47%)
INEOS Breagh Ltd (19.73%)
Neptune E&P UK (8.58%)
44/24, 44/29b, 44/30a

Schooner - P516

Schooner is located 34 kilometres south east of the Murdoch Field. Faroe is the operator for this licence. Read more

Area Equity Partners Blocks
North Sea (UK) 60% equity Tullow Oil SK Limited (40%) 44/26a, 43/30a

Topaz - P520

Topaz Gas Field is located fourteen kilometres south east of the producing Schooner Field in the southern North Sea (UK). Read more

Area Equity Partners Blocks
North Sea (UK) 7.5% equity INEOS Breagh Ltd (57.50% and operator)
Ithaca Energy (UK) Ltd (35%)
49/1a, 49/2a

Wissey - P039

The Wissey Gas Field is east of the Tullow operated Horne and Wren platform in the southern North Sea (UK). Read more

Area Equity Partners Blocks
North Sea (UK) 18.75% equity Tullow Oil SK Ltd (62.5% and operator)
First Oil Expro Ltd (18.75%)
53/4d