The Hurricane FPSO
Flaring risk for Hurricane
Too much gas could accelerate decommissioning of key remaining asset
Troubled UK oil producer Hurricane Energy could be facing a potentially terminal headache on its Lancaster oilfield, an analyst has warned. The firm continues to report relatively positive production news from Lancaster. In October, it produced a mean of 10,420bl/d with an average water cut of 37pc. The figures were “above the company's previous expectations for the month” due to better-than-expected uptime on the floating production storage and offloading (FPSO) vessel. As of 14 November, Lancaster was producing c.10,150bl/d from Lancaster’s P6 well, with an associated water cut of c.37pc. But “analysis of the most recent trends indicates that the bubble point is now anticipated between lat
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
