Perenco’s M&A move in the Southern North Sea adds a 50% operated stake in the Blythe and Elgood gas fields. It acquires the interest from CalEnergy, part of the former Saturn Banks portfolio. The deal links production to Perenco’s Bacton terminal and with re-start of wells planned at both fields, integrating into the LAPS compressor.

The report assesses upside and risk across production, reserves and emissions intensity for these Southern North Sea assets, showing how low carbon gas from Blythe and Elgood can help sustain mature UK gas hubs.

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