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North Sea exploration success for BP
BP has made two new exploration discoveries in the North Sea – Capercaillie, in block 29/4e in the Central North Sea, and Achmelvich, in block 206/9b west of Shetland. BP is 100% owner of Capercaillie and the Achmelvich well partnership comprises BP (operator, 52.6%), Shell (28%) and Chevron (19.4%). Both wells were drilled by the Paul B Loyd Junior rig in summer 2017.
Mark Thomas, BP North Sea Regional President said: ‘These are exciting times for BP in the North Sea as we lay the foundations of a refreshed and revitalised business that we expect to double production to 200,000 b/d by 2020 and keep producing beyond 2050. We are hopeful that Capercaillie and Achmelvich may lead to further additions to our North Sea business, sitting alongside major developments like Quad 204, which came onstream in 2017, Clair Ridge, due to come into production this year, and the non-operated Culzean field, expected to start-up in 2019.’
Paul B Lloyd Junior drilling rig
Photo: BP
