GDF SUEZ, BP discover new Central North Sea Field
GDF SUEZ E&P UK and BP announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f (license P1588) and BP operated block 30/1c (license P363) was flow tested at a maximum rate of 5,350 bbl of oil per day. The discovery, referred to as Marconi by GDF SUEZ and Vorlich by BP, is located in the Central North Sea.
“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,” Ruud Zoon, Managing Director of GDF SUEZ E&P UK, said. “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.”
The well was drilled by GDF SUEZ E&P UK as operator, with the Transocean Galaxy II jackup rig under a joint well agreement between the two license groups.
“As BP marks its 50th year in the North Sea and as the industry looks to maximize economic recovery from the basin, increasing exploration activity and finding new ways to collaborate will be critical to realizing remaining potential,” Trevor Garlick, Regional President of BP North Sea, said.
“We are determined to have set the right fiscal and regulatory regimes to make sure we can get the maximum possible economic extraction of oil and gas from the North Sea,” Business and Energy Minister Matthew Hancock, said.