Big reserves boost for BP operated Clair field
A southwest extension at the BP-operated Clair field has boosted its initial in-place resources to more than 7 billion barrels of oil equivalent (boe)
THE ANNOUNCEMENT came on the same day as the go-ahead for the £4.5 billion ($6.9 billion) second-phase development, the Clair Ridge project. BP, which partners ConocoPhillips, Chevron and Shell at the UK Atlantic Margin field, said the 206/12a-3 well, drilled 10 km from the Clair-1 platform, proved the main reservoir extends to the southwest. The well also hit oil in a new, shallower reservoir horizon. “The well results give us confidence in Clair’s resources,” a BP spokesman said, adding that finding oil “where we didn’t expect it” adds significant upside to the project. The news comes as the UK government gave final approval for the second-phase Clair Ridge development. Clair, which was di
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