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2026
No significant news in 2026.
2025
Aug 2025: Prospex Energy has been advised by the HEYCO Energia (operator) that flow tests after the recompletion workover of the Viura-1B well in the Viura gas field produced dry gas from the main Utrillas-A reservoir. However the resumption of production is delayed. Viura-1B was shut-in in April 2025.
2024
Oct 2024: Prospex Energy announced drilling of the Viura-1B development well delivered better than expected results. It is one of three wells targeted at the producing Viura gas field with remaining reserves of 2.5 Bcm. The Well will be connected to the existing gas processing facilities and will be deepened to look for additional reservoirs.
Jul 2024: Prospex Energy, owned by Tarba Energia (operator, 49.9%) and Warrego Energy (50.1%) announced that the regulatory authority granted a 10-year extension to gas concessions, near Carmona east of Seville, known as El Romeral 1, 2 & 3 from which Tarba generates electricity. Applications for a 5-well drilling campaign have been made with MITECO.
2023
No significant news in 2023.
2022
No significant news in 2022.
2021
Sep 2021: Prospex Energy announced that its joint venture company Tarba Energia has approved well intervention work on a suspended well (Rio Corbones) in October at its El Romeral gas to power project in the south. The workover has the potential to increase gas production by up to 15,000 cm/day and allow start-up of a second generator to double electrical output.
2020
No significant news in 2020.
2019
No significant news in 2019.
2018
Mar 2018: Columbus Energy has received official notification of the closure of the La Lora concession, covering the Ayoluengo oil field as a precursor to the re-tender of Ayoluengo expected to occur within the next 6 months. Columbus will participate in the re-tender and is looking fo a partner.
2017
Dec 2017: Demand for gas in 2017 has grown by 9% compared to 2016, well above the forecast made at the start of the year. It has increased in almost all of the autonomous communities.
Jan 2017: LGO Energy subsidiary CPS (100%) provided an update on the Ayoluengo oil field in the La Lora Concession due to expire end Jan 2017. It has operated the field since 2007, maintaining production at 115 bbls of oil per day. An extension has been applied for including up to 10 new sidetracks. It may have to suspend production whilst waiting for a decision.
2016
No significant news in 2016.
2015
Jun 2014: Cairn has withdrawn from 4 exploration permits in the Gulf of Valencia (Benifaió, Gandia, Altamar 1 and Altamar 2). The company has held the licences since 2011. It continues to pursue applications for acreage offshore the Gulf of Lion and the Bay of Biscay.
2014
Mar 2014: Cairn has relinquished one of its licences in the Mediterranean Sea off Valencia. The company released the Abufera permit, signed for in 2010 but retained 4 other licences in deeper waters.
2013
Apr 2013: San Leon Energy's wholly owned subsidiary, Frontera Energy, has been awarded two new exploration licences, Aquiles and Cronos. The Aquiles Licence is located in the Zaragoza and Navarro regions within the Zaragoza Basin. The Cronos Licence is situated in the Soria and Guadalajara regions within the Almazan Basin. Both Licences contain unconventional Paleozoic resource potential. The Licences have been granted for a period of six years. These follow the grant of the Geminis and Libra licences in the Cantabrian Basin.