Viaro Energy has built an extensive portfolio in the North Sea, with mostly non-operated interests in over 30 assets across the UK Central and Southern North Sea, the West of Shetland, and the Netherlands. Our strategy consists of targeted acquisitions, organic growth, life-extension initiatives to support full economic recovery of mature assets, and asset divestments. We seek to ensure that we are supporting the most viable sources in the basin in order to secure a stable supply of local energy. With output up to 30,000 boepd per year, we have a medium-term production target of 100,000 boepd.
In the Southern Gas Basin of the UK North Sea, Viaro Energy has interests in the Tors, Grove, and Seven Seas fields; several assets in the Easington Catchment Area and the Bacton Catchment Area, which includes the Sean field; as well as the developing Anning and Somerville fields. Interests in the UK Central North Sea include Nelson & Howe, Blake & Ross, and the Arran field. Viaro Energy’s West of Shetland interests are gas fields in the Greater Laggan area.
In the Netherlands, Viaro Energy’s key assets include non-operated interests in the A&B Blocks, the K4b-K5a Blocks, the Joint Development Area & K18-Golf, and the Hanze oil field. The company also has interests in several other minor onshore and offshore Netherlands assets, mostly aimed at supporting the full economic recovery of late-life fields. Viaro Energy’s other investments in the Netherlands include various transportation and storage facilities.
Viaro Energy’s upstream interests are currently held by our wholly-owned operating subsidiary, RockRose Energy. Further details about our North Sea assets can be found on the RockRose Energy website.