Japan’s JX, GDF Suez find new oil in UK North Sea

14 March 2015, News Wires – JX Nippon Oil and Gas Exploration Corp said it had discovered new oil in the UK Central North Sea.

“The 22/16-6 (P1799 License) well on the Dalziel structure flowed at rates in excess of 8,000 barrels of oil equivalent per day,” the company said in a statement.

“The well is now being side-tracked to appraise the extent of this discovery.” GDF SUEZ E&P UK Ltd is the operator with a 30 percent stake. Others are JX and RWE Dea UK SNS Ltd, both 25 percent, and Total E&P UK Ltd with a 20 percent stake.


– Reuters


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