UK, Norway pact allows timely development of Boa, Playfair fields

The UK and Norway, as part of a 3-year-old cooperation initiative, have agreed on the regulation of two small cross-boundary fields in the North Sea, enabling Boa and Playfair fields to be developed more quickly.

Oct. 12, 2004

By OGJ editors

HOUSTON, Oct. 12 -- The UK and Norway, as part of a 3-year-old cooperation initiative, have agreed on the regulation of two small cross-boundary fields in the North Sea, enabling Boa and Playfair fields to be developed more quickly.

Each field extends slightly across the boundary between the two countries. The pact allows the fields to be regulated by the country with the majority field interest. The UK, therefore, will regulate Playfair, and Norway will regulate Boa. Special provisions were included to reconsider the agreement if reserves are found to be larger than anticipated.

CNR International (UK) Ltd., operator of Playfair, is drilling a well from its Murchison platform and expects to begin production this autumn.

Boa is part of the Alvheim development operated by Marathon Oil Corp.