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RDSA Shell Plc

1,895.20
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:RDSA London Ordinary Share GB00B03MLX29 'A' ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,895.20 1,900.20 1,900.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

BP to Drill Two New North Sea Fields; Expected to Come on Stream 2020

10/04/2018 1:28pm

Dow Jones News


Shell (LSE:RDSA)
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From Apr 2019 to Apr 2024

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   By Ian Walker 
 

BP PLC (BP.LN) said Tuesday that it will drill two new North Sea developments which are expected to come on stream in 2020, and to have peak production of 30,000 barrels of oil equivalent per day gross.

The oil major said Alligin and Vorlich are satellite fields located near to existing infrastructure, meaning they can be quickly developed through established offshore hubs.

BP has a 50% interest in Alligin and is operator while Royal Dutch Shell PLC (RDSB.LN) has the other 50%. BP is also operator of Vorlich with a 66% interest, while Ithaca Energy has the remaining share.

 

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

 

(END) Dow Jones Newswires

April 10, 2018 08:13 ET (12:13 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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