BP to Develop Second Phase of Oman Khazzan Gas Field
April 09 2018 - 5:23AM
Dow Jones News
By Oliver Griffin
BP PLC (BP.LN) said on Monday that it approved the development
of Ghazeer, the second phase of the giant Khazzan gas field in
Oman, with its partner the Oman Oil Company Exploration &
Production.
The oil-and-gas company said that the decision follows the
successful startup of Khazzan's first phase of development in
September 2017. BP said that the project is now producing at design
capacity of 1 billion cubic feet of gas per day and around 35,000
barrels per day of condensate.
The development of Ghazeer will see production increase by an
additional 500 million cubic feet of gas per day and 15,000 barrels
per day of condensate, BP said.
Drilling on the first three development wells has begun, the
company said. Initial construction work has already started at
Khazzan to accommodate a third gas train and associated
infrastructure.
The Khazzan project is on Block 61, which BP operates and holds
a 60% working interest.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
April 09, 2018 05:08 ET (09:08 GMT)
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