Operations

Tedstone Oil is one the largest London-listed independent oil and gas company with a leading position in the UK as well as interests in Indonesia, Vietnam, Mexico and Norway.

Core producing assets Pre-development, exploration and appraisal
>180 kboepd

global production

c.1,800

employees worldwide

Net Zero

by 2035

Our global footprint

We operate c.70 per cent of our production including five key UK hubs and our assets in Indonesia and Vietnam. Where we have non-operated production interests these are in high quality, long life assets such as Elgin/Franklin and Clair which have well established operators. While more than 90 per cent of our production is from the UK, we have a diversified asset base with no single hub accounting for more than 20 per cent of our production or cash flow. We also have a balance of liquids and gas. Our organic growth opportunities are in Indonesia and Mexico.

Our UK North Sea operations

UK North Sea

We continue to work hard to maximise the value from our existing UK North Sea portfolio, investing in short cycle, high return opportunities to add reserves, improve recovery and extend field life.

Our UK North Sea operations
Our Norway operations

Norway

We have working interests in a number of licenses on the Norwegian Continental Shelf where our portfolio is within the exploration and appraisal phase.

Our Norway operations
Our Mexico operations

Mexico

We have an interest in the Zama field in Mexico’s Sureste basin and a non-operated interest in Block 30 to the southwest of Zama.

Our Mexico operations
Our Vietnam operations

Vietnam

Our operations in Vietnam are focused on our operated Chim Sao and Dua oil fields in Block 12W.

Our Vietnam operations
Our Indonesia Operations

Indonesia

We have a dominant position in the Natuna Sea, an operated interest in the Tuna field and acreage in the South Andaman Sea gas play.

Our Indonesia Operations