HOUSTON — ConocoPhillips has begun producing natural gas at its Jasmine field in the North Sea, the company announced Wednesday morning.
The Houston-based company started production of its Jasmine field in the central North Sea on Tuesday, seven years after the field was discovered. Next year, the field is expected to produce approximately 40,000 barrels of oil equivalent per day.
The Jasmine facility has a gross capacity to produce 140,000 barrels of oil equivalent per day, making it a key part of Conoco’s plans to increase output, said Matt Fox, executive vice president of exploration and production for Conoco.
“Jasmine is one of several major growth projects that will contribute to ConocoPhillips’ 3 to 5 percent production growth rate through 2017,” Fox said in a written statement.
The Jasmine field news comes weeks after the Ekofisk South project began production, 200 miles southwest of Stavanger, Norway. Conoco has planned several startups in the North Sea, where it intends to increase its daily production by 60,000 barrels by 2017.
Conoco is the operator and 36.5 percent owner of the Jasmine field project. Eni, an Italian-owned multinational oil and gas company, owns 33 percent of the project, while BG Group, a British multinational oil and gas company, is a 30.5 percent owner.