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.
History
The company was formed in April 2010 by a combination of the demerged British North Sea assets of Petrofac and Lundin Petroleum.[2]
Operations
The firm has interests in six oil fields located in the Northern North Sea,[3] two of which (the West Don and Don Southwest fields) previously formed the Petrofac Energy Developments business unit and have a combined production of 40000 oilbbl/d.[4] The other four (Broom, Heather, Thistle and Deveron) were part-owned by Lundin Petroleum prior to the creation of EnQuest and are capable of producing 24000 oilbbl/d.[4] EnQuest is the operator of each field; its financial interests are as follows:[5] In November, 2013, EnQuest were granted permission to develop the Kraken field which has an estimated 140 million barrels of oil.[6]
External links
References
- Annual Results 2025 EnQuest, retrieved 25 March 2026^
- Risky investing in EnQuest plc despite the 67 share price decline Walbrock, retrieved 29 April 2017^
- Operations EnQuest, retrieved 26 March 2010^
- Douglas Hamilton. Petrofac and Lundin Petroleum to spin off North Sea assets The Herald, 4 March 2010, retrieved 26 March 2010^
- EnQuest: Pilot share fair retrieved 2013-03-24^
- EnQuest cleared to develop £4bn Kraken oil field off Shetland BBC, 15 November 2013^