BERYL GAS CONTRACT SIGNED

Jan. 29, 1990
British Gas plc has signed the first formal North Sea gas purchase contract under government rules limiting its takes to 90% of a field's reserves. The contract covers 1.08 tcf of gas in Beryl field owned by Mobil North Sea Ltd. 50%, Amerada Hess Ltd. and Enterprise Oil plc 20% each, and North Sea Inc., formerly Texas Eastern (U.K.), 10%. Producers will sell the remaining 120 bcf in estimated reserves in the U.K, in direct competition with British Gas.

British Gas plc has signed the first formal North Sea gas purchase contract under government rules limiting its takes to 90% of a field's reserves.

The contract covers 1.08 tcf of gas in Beryl field owned by Mobil North Sea Ltd. 50%, Amerada Hess Ltd. and Enterprise Oil plc 20% each, and North Sea Inc., formerly Texas Eastern (U.K.), 10%.

Producers will sell the remaining 120 bcf in estimated reserves in the U.K, in direct competition with British Gas.

British Gas will begin taking Beryl gas in October 1992, building to a peak rate of 240 MMcfd or about 5% of the company's supply. Gas currently is being reinjected in the field in Block 9/13a, 180 miles from the Scottish coast.

Beryl gas will move through the Mobil group's proposed 210 mile, 30 in. pipeline to St. Fergus, Scotland, approved in principle by the U.K. Department of Energy (OGJ, Nov. 13, 1989, p. 40).

Beryl oil went on stream in June 1976.

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