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Name | Symbol | Market | Type |
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BP Plc | NYSE:BP | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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-0.51 | -1.32% | 38.26 | 38.525 | 37.99 | 38.45 | 11,142,323 | 01:00:00 |
By Ian Walker
LONDON--BP PLC (BP.LN) said Monday that drilling has started on a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region.
The oil major, which has an 85% equity stake in the prospect, said the well will test the potential of a deep carboniferous age horizon several hundred meters beneath the mature reservoirs produced by the Ravenspurn ST2 platform.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
December 05, 2016 05:40 ET (10:40 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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