Harbour stepping up drilling offshore UK, Indonesia

Jan. 18, 2024
Harbour Energy has budgeted higher capex this year (about $1.2 billion) for its worldwide offshore E&P and other projects. Of this, $200 million applies to decommissioning.

Offshore staff

LONDON Harbour Energy has budgeted higher capex this year (about $1.2 billion) for its worldwide offshore E&P and other projects. Of this, $200 million applies to decommissioning.

The company is pursuing new drilling activity in UK waters, notably fast payback opportunities around its operated J-Area, Greater Britannia and AELE hubs in the central UK North Sea.

It also plans to advance its carbon capture and storage projects such as Viking offshore/onshore eastern England.

Elsewhere, the company will drill operated exploration wells on the Halwa and Gayo prospects in the Andaman II license offshore Indonesia. Offshore Mexico it is supporting Talos Energy and Pemex with the FEED for the Zama development, and it will also drill the Kan appraisal well.

Harbour expects production globally this year of 150,000 to 165,000 boe/d, but with an unusually high level of planned shutdowns at its operated hubs and around the Beryl area in the central UK North Sea, coinciding with planned pipeline outages.

Its guidance also reflects the impact of deferred partner-led wells at Beryl and Elgin Franklin in this sector.

01.18.2024