Newspaper article THE JOURNAL RECORD

Kerr-McGee Unit Starts Production in North Sea

Newspaper article THE JOURNAL RECORD

Kerr-McGee Unit Starts Production in North Sea

Article excerpt

OKLAHOMA CITY (JR) -- A Kerr-McGee subsidiary has started production from its Leadon oilfield in the North Sea.

Kerr-McGee North Sea announced that its 100 percent-owned Leadon oilfield, on Blocks 9/14a and 9/14b in the United Kingdom sector of the North Sea, began production on Saturday.

The first production was achieved less than two years after discovery of the field and less than one year after government approval of the field's development.

The daily production rate is 10,000 barrels of oil, and is expected to increase to peak production in excess of 45,000 barrels per day during the second quarter.

Located 220 miles northeast of Aberdeen, the Greater Leadon area includes satellite fields Birse and Glassel, which are about five miles from the Leadon field. Oklahoma City-based Kerr-McGee estimates reserves in the Greater Leadon area to be in the range of 120 million to 170 million barrels of oil equivalent.

"This marks another milestone in the development of one of our core areas, the quadrant 9 area of the North Sea," said Luke R. …

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