London – Edison announced the signing of a put&call option for Apache Beryl I (controlled by Apache Corporation) investments in the Scott (10.5%) and Telford (15.7%) oil fields in the North Sea. The acquisition will allow an increase in Edison’s reserves of 8.7 million barrels of oil equivalent (85% oil and 15% gas). In 2014, production attributable to Edison in the Scott and Telford fields was a total of 1.276 million barrels of oil equivalent, and it’s expected to remain stable for the next 3-4 years, delivering on average 3,500 barrels of oil equivalent per day . Thanks to this operation, it is estimated that in 2015 Edison’s total production in the United Kingdom will reach approximately 6,500 barrels of oil equivalent per day, bringing its daily production to a total of 53,500 barrels of oil equivalent per day. (9Colonne)
