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Montevideo, March 29th 2024 - 07:40 UTC

Tag: Sea Lion Discovery Area license

  • Thursday, April 9th 2020 - 08:45 UTC

    Falklands' Sea Lion development delayed responding to oil market conditions

    Rockhopper expects 29 wells to be drilled under Phase 1, including 12 prior to first oil, with production ramping up to a plateau of around 85,000 b/d

    Rockhopper Exploration is responding to market developments by reducing staffing levels and activity related to the Sea Lion development in the offshore North Falkland basin. The company plans to maintain a smaller team, mainly focused on regulatory, fiscal and financial issues, pending a recovery in the external macro-environment.