New oil field found in British North Sea
Updated: 2014-10-24 09:56
(Xinhua)
|
|||||||||
LONDON - Oil firms GDF SUEZ E&P UK Ltd and British Petroleum (BP) Thursday announced a new exploration discovery in the British Central North Sea.
The discovery, which spans the two companies' operated blocks, was flow tested at a maximum rate of 5,350 barrels of oil equivalent per day.
"This is an encouraging exploration discovery in a part of the Central North Sea that needs additional volumes of hydrocarbons to open up development options for several stranded discoveries," said Ruud Zoon, managing director of GDF SUEZ E&P UK Ltd.
GDF SUEZ is a French multinational energy company. Since entering the British market in 1997, the company has built up a substantial portfolio of assets in the Central and Southern North Sea, and West of Shetland, comprising more than 50 licences, 20 of those as an operator.
"The discovery is our third successful well this year and demonstrates a continuing commitment by GDF SUEZ to an active exploration and appraisal drilling program on the UK Continental Shelf," Zoon added.
Trevor Garlick, regional president of BP North Sea said: "As BP marks its 50th year in the North Sea, and as the industry looks to maximise economic recovery from the basin, increasing exploration activity and finding new ways to collaborate will be critical to realising remaining potential. This discovery is a great example of both."
- CNOOC, BP sign 20-year LNG supply deal
- China to become largest energy importer by 2035: BP
- Final phase of BP oil spill trial set for 2015
- BP aims for involvement in shale gas
- BP strength helps keep European shares buoyant
- Unconventional energy supply to triple by 2030: BP
- Sinopec buys Angola oil field stake for $1.52b
- GEDG signs agreement with CNPC Huabei Oil Field Branch
- Oil field produces 40 million tons for 10th year
- CIMC Raffles to deliver latest North Sea drilling rig
- Sinopec unit buys North Sea crude oil
- North Sea Fleet opens to public
- Sinopec takes big dip into oil industry in North Sea
Most Viewed
Editor's Picks
Decoding China cyber-society |
Safeguarding foreigners' rights |
Getting my first hair cut in Ningbo |
The ancient army that's still growing |
China responds over "hacker infiltration to Apple's iCloud" |
Hard times for the lords of the rings |
Today's Top News
Accord reached on Asia infrastructure bank
Civil service exam hit amid corruption crackdown
'Miracle' premature baby ready to go home
Minister praises China's vision over AIIB
China pledges $81.7m aid to Africa
Occupy Central not democracy: former Malaysian PM
iPhone loses subsidies in China
China's economy showing expansion
US Weekly
Geared to go |
The place to be |