First Oil

"First Oil continues to build on its position as the largest private, UK owned company producing Oil & Gas in the North Sea"

We are an independent, Aberdeen based E&P company focussed on growing our position in the North Sea. Our team has a track record of generating growth year on year, creating asset value through acquisition, development and measured exploration, as well as delivering financial returns through innovative commercial transactions.

This website provides information about our assets, financial performance and company philosophy. Please contact us if you would like to learn more about First Oil.

First Oil News:

First Oil at a glance:

6k boepd (barrels of oil equivalent per day) production from 13 fields in North Sea (12 UK, 1 The Netherlands)
Farm in to 20% of the Bacchus oil development a 7km tie back to the Forties platform. First production is anticipated in 2011
First oil participated in the successful discovery of the Platypus gas field (Quad 48) in 2010 at a 25% equity level
Two significant exploration discoveries made in 2009 – Juliet in Quad 47 and Glenlivet discovery West of Shetland
Diverse portfolio of high quality discoveries and outstanding exploration prospects
Experienced team of established professionals, in both subsurface and commercial sectors
Long-term funding to finance current and future growth