WATCHING THE WORLD BRITANNIA CAUGHT UP IN MENAGE A TROIS

WITH DAVID KNOTT FROM LONDON Look at Britannia field on a map of North Sea,license blocks and the word "complicated" leaps to mind. The reservoir does not lie neatly in one tract. It sprawls across Blocks 15/29a, 15/30, 16/26, 16/27a, and 16/27b. Twelve companies hold interests in these blocks. Conoco (U.K.) Ltd. and Chevron U.K. have the biggest stakes and performed most of the exploration and appraisal work. They became joint operators, a marriage of equals without precedent in the North

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