BG Group: Jasmine Field Comes On Stream in UK North Sea

BG Group announced first gas production from the Jasmine field in the UK North Sea, in which the company has a 30.5% interest. The successful start-up of the field marks the delivery of another of the Group’s key milestones for 2013.

Once on plateau, Jasmine is expected to contribute around 30 000 barrels of oil equivalent per day net to BG Group.

BG Group Chief Executive Officer Chris Finlayson said “The start-up of production from Jasmine marks the delivery of yet another key 2013 milestone for BG Group. In addition to first gas from Jasmine, we have also recently completed our planned maintenance programme in the North Sea and now have just one remaining milestone to achieve for the year – the start-up of Itaú Phase 2 in Bolivia which is due in the coming weeks.

“Jasmine is the largest discovery to come on stream in the North Sea since the giant Buzzard field began production in 2007. BG Group’s involvement in both of these exploration and production successes, demonstrates both our world-class exploration performance and our long-term commitment to the North Sea where we believe significant potential remains.”

The Jasmine development comprises a 24-slot wellhead platform with bridge-linked accommodation. The field is a high pressure, high temperature gas-condensate reservoir, which is located in Blocks 30/6 and 30/07a of the Central North Sea, approximately six miles (nine kilometres) west of the Judy platform.

BG Group (30.5%); ConocoPhillips, operator (36.5%); Eni (33%).

Press Release, November 20, 2013

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