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

TOKYO: JX Nippon Oil and Gas Exploration Corp said on Friday 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.”

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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.

Copyright Reuters, 2015