North Sea EnQuest plans Magnus drilling as Brent volumes slide, flags lower Golden Eagle output
UK independent EnQuest will prioritize drilling and near-term production improvement at the Magnus field, which feeds the Brent crude stream, in 2023, it said Feb. 17, going on to flag recent output slippage at the Golden Eagle Field operated by China’s CNOOC. In a statement, EnQuest said the UK’s controversial Energy Profits Levy had caused it to defer drilling at…