Press Esc to close

WorldOil

World Oil News Center



SSE buys BP' s 50% stake in UK North Sea Sean gas field for $288 million

LONDON -- SSE said it agreed to buy BP 50% working interest in the Sean gas field in the Southern North Sea for a cash consideration of $288 million.

Transaction was through its wholly owned subsidiary SSE E&P. Total net proven and probable (2P) reserves to SSE are expected to be 1.7 billion therms over the life of the field, with the possibility of additional resource through infill drilling.

Consideration and reserves based on an effective date of Jan. 1. Sean gas field is close to a number of SSE' s existing upstream assets.

Dow Jones Newswires

12/17/2012

 

Bookmark and Share


WO DATA HUB

EngineeringTablesIcon-Large

Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.

WO SUPPLEMENTS

2013 Fracturing Technology

2013 Fracturing Technology

MEDIA CENTER

By Digital Publisher

Drill Bit Classifier World Oil published its renowned Drill Bit Classifier in September 2013. The Drill Bit Classifier is a comprehensive listing of major manufacturers' d...

ENERGY EVENTS