20th Nov 2013 14:43
LONDON (Alliance News) - BG Group PLC Wednesday said the Jasmine Field in the UK North Sea, in which the company has a 30.5% interest, is now producing gas.
The oil and gas producer said that once it reaches constant flow, the site should contribute roughly 30,000 barrels of oil equivalent per day net to BG Group.
BG Group said Jasmine is the largest discovery in the UK North Sea to come online since the giant Buzzard field began production in 2007 and the first production represents a key 2013 milestone for the company.
BG Group shares were up 0.1% to 1,260 pence Wednesday.
By Tom McIvor; [email protected]; @TomMcIvor1
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