Deltic given deadline on North Sea Pensacola license

Shell has given Deltic Energy until June 12 to continue discussions with potential counter-parties concerning license P2252 and the 2023 Pensacola gas discovery.
Related To: 
June 3, 2024
Courtesy Deltic Energy
Deltic's licenses are highlighted in blue, with other license blocks in beige.
Deltic's licenses are highlighted in blue, with other license blocks in beige.
Courtesy Deltic Energy
The Shell-operated P2252 - Pensacola Field is located in the Southern Gas Basin in the North Sea. Deltic has a 30% equity in P2252.
The Shell-operated P2252 - Pensacola Field is located in the Southern Gas Basin in the North Sea. Deltic has a 30% equity in P2252.

Offshore staff

LONDON — Shell has given Deltic Energy until June 12 to continue discussions with potential counterparties concerning license P2252 and the 2023 Pensacola gas discovery in the UK southern North Sea.

Delic warned that it may not be able to conclude talks successfully within this timeframe and would therefore be required to withdraw from the license, transferring its interest in Pensacola to its joint venture partners.

An appraisal well is due to be drilled on Pensacola later this year.

06.03.2024

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