Humbly Grove Energy Limited
Humbly Grove Energy owns and operates the Humbly Grove Oil Field, licence block PL116 near Alton, Hampshire. Natural gas and Oil has been produced from its facilities since the discovery in the early 80s. The company was acquired by EP UK Investments in 2020 and currently employs 36 people. Since 1980 the field has produced in excess of 6 million barrels of oil and is forecasted to produce an additional 1 million barrels following the introduction of Gas storage.
EP UK Investments (EPUKI)
EP UK Investments (EPUKI), a wholly owned subsidiary of Energetický a průmyslový holding (EPH), currently holds investments in a number of wholly owned subsidiaries which own power generation assets in the UK, including South Humber bank and Lynemouth power plants, whilst continuing to look for additional investments. The Company also provides commodity trading, through external commodity contracts. www.epholding.cz/en
Energetický a průmyslový holding (EPH)
Energetický a průmyslový holding (EPH), employing almost 25,000 people across over 70 companies, owns and operates assets in the Czech Republic, the Slovak Republic, Germany, Italy, the UK, France, Hungary and Poland, covering the complete energy cycle ranging from highly efficient cogeneration, power and heat generation, natural gas transmission, gas storage, as well as gas, heat and electricity distribution and supply. www.epholding.cz
The Humbly Grove Oil Field
Hydrocarbons, such as natural gas and crude oil, are formed from the decay of plants and minerals which have been buried for millions of years. They are found in porous rock formations in which the gas or oil is stored in the spaces between the rock particles, like the pores in a sponge. Because the rocks may be at great depths, the gas or oil will be under pressure and will flow to the surface when the pressure is released, for example by drilling a well.Natural gas is generally composed of methane and other gases, such as ethane or propane. The natural gas produced from Humbly Grove consists mainly of methane and requires processing, including separation of water and liquid hydrocarbons, before piping to the natural gas grid.
Gas has been used as a domestic fuel for many years and is now also widely used for power generation, with many new highly efficient gas-fired power stations being built to replace older coal burning stations. These new units are known as “combined-cycle” stations, because, in addition to burning gas to drive electricity-generating turbines, they also make use of the hot exhaust gases to generate steam which can be used to generate additional electricity.
Gas is now widely distributed by a pipeline network throughout Western Europe and the gas used by consumers in the United Kingdom may come from a variety of sources, including Norway, Europe and the North Sea. Technology also allows gas to be transported by ship, as it may be liquefied by cooling to very low temperatures – this is known as Liquefied Natural Gas (LNG).