EnQuest


EnQuest plc is an independent United Kingdom-based petroleum exploration and production company which operates mainly in the United Kingdom Continental Shelf. EnQuest shares are included on the main list of the London Stock Exchange and the firm holds a secondary listing on Nasdaq OMX Stockholm.

History

The company was formed in April 2010 by a combination of the demerged British North Sea assets of Petrofac and Lundin Petroleum.

Operations

The firm has interests in six oil fields located in the Northern North Sea, two of which previously formed the Petrofac Energy Developments business unit and have a combined production of. The other four were part-owned by Lundin Petroleum prior to the creation of EnQuest and are capable of producing. EnQuest is the operator of each field; its financial interests are as follows: In November, 2013, EnQuest were granted permission to develop the Kraken field which has an estimated 140 million barrels of oil.
FieldWorking interest
Broom63%
Don Southwest60%
Heather100%
Thistle and Deveron99%
West Don44.95%
Magnus100%