Tailwind Energy has agreed to acquire the entire UK business of EOG Resources. Through the acquisition, Tailwind will take 100% in the Conwy field and 110/12a-1 Corfe discovery in the East Irish Sea, a 25% interest in the Columbus gas development and also interest in number of Southern North Sea licences. The deal is subject to regulatory consent.   EOG Resources commenced production from the Conwy field in 2016. At the submission of the Environmental Statement it was decided to develop the field via a Normally Unmanned Installation tied into the BHP Billiton Douglas Complex. Conwy is an oil field which was discovered in 2009 and has an Ormskirk Sandstone reservoir.  In June 2018 Serica submitted the Field Development Plan for the Columbus field. The plan for development is to use a single subsea well connected to the proposed Arran-Shearwater pipeline through which Columbus production will be exported along with production from Arran. Therefore, approval of the project is pending sign-off of the Arran field development project. Once the production reaches the Shearwater facilities, it will be separated into gas and liquids and exported via the SEGAL line to St Fergus and Forties Pipeline System at Cruden Bay respectively. The start date for the project is dependent on Arran. However, a start-up date of Q2 2021 is being targeted. Columbus was discovered in 2006 by Endeavour with well 23/16f-1. The well tested at stabilised flow rate of 17.5 MMcf/d gas and 1,060 b/d condensate from the Palaeocene Forties Formation. The well encountered a gross gas column of at least 125 ft. (38m).   Table of acquired interests          Basin Names         Contract Name         Block Name         EOG Interest         Other Interest             Anglo-Dutch Basin         P025         053/01a East Camelot (Arthur)         30%         Perenco 70% (op)             Anglo-Dutch Basin         P025         053/02b Arthur Field Area         30%         Perenco 70% (op)             Sole Pit Basin (Anglo-Dutch Basin)         P033         049/16 Area A-Viper Area         50%         Conoco 25% (op) + Britoil 25%             Indefatigable Shelf (Anglo-Dutch   Basin)         P033         049/16 Valkyrie Prospect (Area N)         25%         Conoco 50% (op) + Britoil 25%             East Midlands Platform   (Anglo-Dutch Basin)         P037         048/11a Rest of Block p1 - one   block on OGA         30.40%         Perenco 56.6% (op) + Marubeni 13%             East Midlands Platform   (Anglo-Dutch Basin)         P037         048/11a Rest of Block p2 - one   block on OGA         30.40%         Perenco 56.6% (op) + Marubeni 13%             Sole Pit Basin (Anglo-Dutch Basin)         P039         049/21a Viper Area A         50%         Conoco 25% (op) + BP 25%             Sole Pit Basin (Anglo-Dutch Basin)         P039         049/21a Rest excluding Viper         50%         Conoco 25% (op) + BP 25%             Sole Pit Basin (Anglo-Dutch Basin)         P039         049/21b Viper Area B         50%         Conoco 25% (op) + BP 25%             Sole Pit Basin (Anglo-Dutch Basin)         P039         049/21b Viper Area C         50%         Conoco 25% (op) + BP 25%             Sole Pit Basin (Anglo-Dutch Basin)         P039         049/21b Viper Area D         50%         Conoco 25% (op) + BP 25%             Breiflabb Basin (Central   Graben)~Jaeren High (Central Graben)         P101         023/21a Columbus         25%         Serica (op) 50% + Endeavour 25%             Jaeren High (Central   Graben)~Breiflabb Basin (Central Graben)         P1314         023/16f         25%         Serica (op) 50% + Endeavour 25%             East Irish Sea Basin         P1476         110/12a         100%         EOG 100% (op)
Tailwind Energy has agreed to acquire the entire UK business of EOG Resources, which include 100% in the Conwy field and 110/12a-1 Corfe discovery in the East Irish Sea, a 25% interest in the Columbus gas development and also interest in number of Southern North Sea licences.