Shell to begin seismic work on North Sea gas discoveries next year
by :
It comes as the energy giant took over operatorship of the licences from Egdon Resources, farming in with 70% interest in both.
Under the deal, Shell will pay 85% of the costs for acquiring and processing the 3D seismic survey, which needs to completed by May 31 2021 under the terms of the licenses.
Shell will meet these costs up to $5million, at which point Egdon will be responsible for 30% of survey.
Shell will also pay 100% of all studies and manpower costs through to the well investment decisions.
Egdon Resources cited a competent persons report from Schlumberger from last year which estimated the discoveries have mean contingent resources of 231 billion cubic feet of gas.
The Shell-operated licenses lie “adjacent” to the North Yorkshire coast in the Southern North Sea, Egdon said, with Endeavour first having been discovered in 1966 by Total.
Mark Abbott, managing director of Egdon Resources, said: “We are delighted to have completed the transfer of interest and operatorship to Shell in respect of these important, and potentially valuable, licences for Egdon. The focus will now be on progressing appraisal activity on the Resolution and Endeavour gas discoveries.
“The first part of this activity will be the acquisition of a marine 3D seismic survey during Q1 2021. We look forward to building on our good working relationship with Shell and benefiting from their substantial worldwide operational experience and expertise.”
The North Sea farm-in deal between Shell and Egdonwas first agreed in January this year.
Egdon Resources, headquartered in Hampshire, is an onshore-focussed oil and gas exploration business.
The firm acquired the Endeavour and Resolution licences, P1929 and P2304, in the Oil and Gas Authority’s 26th licensing round.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
