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GDF Suez, BP make new oil discovery in UK North Sea

Thu, 23rd Oct 2014 06:46

LONDON, Oct 23 (Reuters) - France's GDF Suez andBritain's BP said on Thursday they had discovered a newoil field in the UK Central North Sea, boosting explorationhopes in this mature basin.

GDF Suez drilled the Vorlich/Marconi well as operator of thedevelopment and managed to flow oil from the field at a maximumrate of 5,350 barrels of oil equivalent per day, the companiessaid in a joint statement.

"As BP marks its 50th year in the North Sea and as theindustry looks to maximise economic recovery from the basin,increasing exploration activity and finding new ways tocollaborate will be critical to realising remaining potential,"said BP's Regional President of North Sea, Trevor Garlick.

(Reporting by Karolin Schaps; editing by Keiron Henderson)

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