NORTH SEA YIELDS OIL IN FIRST SALT DOME PLAY
BP Exploration has found as much as 660 million bbl of oil equivalent in a cluster of fields in the first diapir salt dome play in the North Sea. Six fields in an area about 18 miles south of Forties field hold oil and gas/condensate reservoirs. Reserves are split evenly between the two. BP said appraisal of one of the fields, Mungo in Blocks 23/16a and 22/20, boosted development prospects for the area. Drilling is continuing on the prospect, which holds an estimated 130 million bbl of oil.