Analysts: Laggan-Tormore, Clair Ridge among potential targets for Viaro
Analysts: Laggan-Tormore, Clair Ridge among potential targets for Viaro Monday, 20 March 2023 Share Analysts at Energy Voice highlight potential targets for Viaro acquisition. The article begins by quoting Dave Moseley, vice president of North Sea research at Welligence, suggesting that the Laggan-Tormore fields are the “most obvious candidates”. Viaro CEO Mazzagatti is quoted confirming […]
Australian indie to fire up UK gas project after farm-out
Upstream reports that Hartshead Resources has struck a farm-out deal with UK upstream company RockRose Energy for 60% equity in Licence P2607 which contains the Anning and Somerville gas fields, located in the UK’s southern gas basin
Boost for new UK offshore oil project as new partner comes aboard
Upstream reports on Viaro’s deal with EnQuest to acquire a 15% interest in the Bressay field and the EnQuest Producer floating production, storage and offloading vessel for a total consideration of £46m.
Collaboration with Aberdeenshire Council Ranger Service
RockRose Energy employees took part in community event run by Aberdeenshire Council Ranger Service that aims to preserve the Portlethen Moss, a nature reserve located in Aberdeenshire. Restoring moss is not only important for preserving natural biodiversity and wildlife, but the plant can also sequester large amounts of carbon dioxide, making it a crucial carbon capture and storage opportunity.
Executive Interview North Sea Focus: Francesco Mazzagatti, Chief Executive Officer, Viaro Energy
Ahead of his participation in the World Energy Capital Assembly 2023, Francesco Mazzagatti speaks to the World Energy Council about investment in exploration and production in the North Sea.
Executive Interview: Francesco Mazzagatti, Chief Executive Officer, Viaro Energy
CEO Francesco Mazzagatti is interviewed by the Energy Council to mark his joining of the advisory board of the World Energy Capital Assembly. He discusses the methodical and evidence-based decision to acquire RockRose Energy as a long-term opportunity to expand within the North Sea. Mazzagatti goes on to reflect on Viaro’s response to the COVID […]
Expressive writing project from Kingston University to help Covid-19 healthcare workers overcome traumatic experiences
Expressive writing project from Kingston University to help Covid-19 healthcare workers overcome traumatic experiences Monday, 12 October 2020 Share Viaro Energy has donated £10,000 in funding to a project run by Kingston University that aims to help people overcome trauma through expressive writing and will be offered to healthcare professionals who are delivering front-line services […]
First gas flows from North Sea project 22 months after final investment decision
Offshore Energy reports that first gas has been achieved from the A15 platform in the Dutch North Sea by operator Petrogas. Viaro has a 27.6% stake in the platform via its main operating subsidiary RockRose Energy.
Francesco Mazzagatti Of Viaro Group On How They Are Helping To Break the Cycle of Non-Renewable Consumption
Francesco Mazzagatti speaks to Medium magazine about how Viaro is helping to break the cycle of non-renewable consumption.
Francesco Mazzagatti Takes the Stage at World Energy Capital Assembly Conference and Shares Insights with the Energy Council
At the close of 2023, our CEO Francesco Mazzagatti took the spotlight as a speaker at the World Energy Capital Assembly conference, where he shed light on the future landscape of the energy sector. Following this, Mr. Mazzagatti engaged in an interview with the Energy Council, covering the key aspects of Britain's position towards net-zero. This article provides an overview of the UK’s energy sector at the end of 2023, along with insight into Mr. Mazzagatti's contributions and perspectives.
RockRose Energy currently holds non-operated interests in five UK Central North Sea oil and gas fields, consisting of both mature and recently onstream assets. These include the Arran, Nelson & Howe, and Blake & Ross fields.
Arran Field
The Arran gas condensate field is operated by Shell as a 60-kilometre subsea tie-back to the Shearwater platform. Hydrocarbons are processed on and then exported from the platform, with gas joining the SEGAL system and condensate the Forties pipeline system. Discovered in 1985, Arran has come onstream in 2021
Equity: 30.43%
Status: Onstream
Location: Arran is located 240 kilometres east of Aberdeen, close to the UK/Norway median line, in a water depth of 85 metres.
Potential: Arran is estimated to have long-term potential in terms of recoverable gas reserves. RockRose Energy invested $120 million in the development of the Arran field in 2018, with first gas produced in September 2021.
Latest Production Results: ~6,500 boepd / 4.6 Mmboe net to RockRose in 2022
Nelson & Howe Fields
The Nelson & Howe oil fields are operated by Shell. Developed with a fixed platform, Nelson produces light oil from a reservoir at a depth of approximately 2,200 meters. The smaller Howe field was brought onstream as a single-well subsea tie-back to the Nelson platform. The oil from the platform is transported by pipeline to the Forties field and then to shore via the Forties pipeline system.
Equity: 7.48% (Nelson); 20.00% (Howe)
Status: Onstream
Location: Nelson is located approximately 200 kilometres northeast of Aberdeen in a water depth of 88 metres. Howe is located 14 kilometres east of the Nelson field, in a water depth of around 90 metres.
Potential: The Nelson and Howe fields began production in 1994 and 2004, respectively. RockRose Energy acquired interests in the fields in December 2017, in order to support the life cycle extension of a high-quality reservoir.
Latest Production Results: ~1,000 boepd / 1.9 Mmboe net to RockRose in 2022
Blake & Ross Field
The Blake & Ross oil fields, operated by Repsol Sinopec, produce into the Bleo-Holm Floating Production, Storage & Offloading (FPSO) vessel via subsea infrastructure. The Ross field is currently offline, while oil from the Blake field is produced via a subsea manifold and dual flowlines to the Ross FPSO. Blake is divided into two areas – the Blake Channel and the Blake Flank. The two were developed separately, with 6 production wells and 2 water injection wells drilled into the Blake Channel, and 2 production wells drilled into the Blake Flank.
Equity: 30.82%
Status: Onstream
Location: Blake is located around 120 kilometres northeast of Aberdeen in a water depth of approximately 110 meters.
Potential: RockRose Energy’s 2017 acquisition of Blake & Ross is another initiative aimed at prolonging the life cycle of mature oil & gas fields to ensure they reach full production potential. The Blake field has been producing oil since 2001, while Ross began production in 1998.
Latest Production Results: ~2,800 boepd / 4.8 Mmboe net to RockRose in 2022
