Jersey Oil and Gas PLC 2020 Annual Report with Sustainability Disclosures
The report outlines Jersey Oil & Gas's strategic and operational progress for the fiscal year 2020, focusing on the Greater Buchan Area (GBA) development project. The company successfully consolidated its position by acquiring 100% ownership and operatorship of the GBA acreage, including the Verbier discovery. A key highlight of the year was the completion of the Concept Select phase, which delivered a detailed, low-carbon development concept utilizing platform electrification powered from shore. Additionally, dynamic reservoir modelling led to a 39% increase in core GBA contingent resource estimates to 172 million barrels of oil equivalent.
Company: Jersey Oil and Gas PLC
Sector: Mining & quarrying
Country: Jersey
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 83
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Jersey Oil and Gas PLC
Annual Report
The report outlines Jersey Oil & Gas's strategic and operational progress for the fiscal year 2020, focusing on the Greater Buchan Area (GBA) development project. The company successfully consolidated its position by acquiring 100% ownership and operatorship of the GBA acreage, including the Verbier discovery. A key highlight of the year was the completion of the Concept Select phase, which delivered a detailed, low-carbon development concept utilizing platform electrification powered from shore. Additionally, dynamic reservoir modelling led to a 39% increase in core GBA contingent resource estimates to 172 million barrels of oil equivalent.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
May 5, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees