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Parkmead is continually expanding its portfolio of high quality assets covering the three main areas of E&P operations; exploration, development and production.
For the financial year to 30 June 2022, Parkmead's production averaged approximately 311 barrels of oil equivalent per day from a portfolio of four gas fields in the Netherlands. Parkmead holds a 7.5% to 15% working interest in four producing onshore gas fields in the Netherlands; Geesbrug, Brakel, Grolloo and Diever West.
Parkmead holds a selection of assets in the development stage of the asset life cycle. The company operates the Greater Perth Area ("GPA") oil hub project in the UK Moray Firth. In addition, Parkmead has stakes in a number of oil and gas developments in the Netherlands.
Parkmead has interests in 21 exploration and production blocks in the UK and Netherlands, ranging from high impact exploration on the UKCS to near-term exploration onshore Netherlands. The group was awarded interests in several blocks throughout recent UKCS licensing rounds adding to the Group's balanced portfolio of energy assets.
Last updated: December 2022