The North Sea is one of the most prolific hydrocarbon provinces in the world. Total production to date from the UK Continental Shelf is over 45 billion barrels of oil equivalent.
The UK North Sea is generally divided into three main areas, the Northern North Sea, Central North Sea and Southern North Sea. Finder currently holds 4 seaward production licences in the Central North Sea.
Location and Status
Basin: Ettrick Basin, Outer Moray Firth
Area: 110 km2
Water Depth: ~100 metres
Status: Seaward Production “Innovate” Licence – Phase A
Interests
Finder Energy (60%, Permit Administrator)
Dana Petroleum (E&P) Limited (40%)
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Highlights: Surrounded to the west by the giant Buzzard oil field and the east by the Ettrick and Blackbird oil fields, a number of Upper Jurassic prospects have been identified. Finder is currently reprocessing 3D seismic data covering the licence and is looking to advance our understanding of the prospects. Potential to tie back discoveries to the Buzzard facilities. |
Location and Status
Basin: South Halibut Basin – Peterhead Graben
Area: 454 km2
Water Depth: ~110 metres
Status: Seaward Production “Innovate” Licence – Phase A
Interests
Finder Energy (60%, Permit Administrator)
Dana Petroleum (E&P) Limited (40%)
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Highlights: The Whitsun Prospect is a large Upper Jurassic stratigraphic trap on trend with the giant Buzzard Field. Finder is currently reprocessing 3D seismic data covering Peterhead Graben and Buzzard fairway. Potential to tie back discoveries to the Buzzard facilities. |
Location and Status
Basin: West Central Graben, Central North Sea
Area: 576 km2
Water Depth: ~85 – 110 metres
Status: Seaward Production “Innovate” Licence – Phase B (1 Dec 23 – 30 Nov 25)
Interests
Finder Energy (60%, Permit Administrator)
Dana Petroleum (E&P) Limited (40%)
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Highlights: The new Big Bird 2022 broadband pSDM 3D reprocessing has unlocked the Fulmar play prospectivity within the licence. The Jurassic Fulmar play is proven by nearby Kittiwake, Goosander and Grouse fields. Multiple classic Fulmar interpod ILX prospects have been de-risked and are clearly imaged on the new data. Additional significant follow up prospectivity with success. Multiple host tie-back options nearby. |
Location and Status
Basin: East Shetland Basin, Northern North Sea
Area: 44 km2
Water Depth:~110 metres
Status: Seaward Production “Innovate” Licence – Phase A
Interests
Finder Energy (50%, Permit Administrator)
Equinor UK Limited (50%)
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Highlights: Finder awarded priority 33rd UKCS bid round licence with strategic partner Equinor. Located in the prolific South Viking Graben, the License contains the large Boaz gas/condensate prospect and is close to host facilities operated by Equinor, including Gina Krog and Sleipner. Phase A technical work programme with drill decision prior to end of 2027. |