BP announced on 21 November 2018 that it has agreed to sell 36% interest in the Bruce field, 34.84% interest in the Keith field and 50% interest in the Rhum field to Serica Energy plc. Under the terms of the deal Serica will pay an initial consideration of GBP 12.8 million along with a share of cash flows over the next four years, a consideration equivalent to 30% of BPâs post-tax decommissioning costs and several contingent payments of future asset performance and product prices. BP expects to receive an overall payment in the region of GBP 300 million. In addition to the interest approximately 110 staff working for BP on the Bruce assets are also expected to make the transition to Serica. BP is to retain a 1% interest in Bruce to oversee its future operational and financial performance. Subject to receipt of third party and regulatory approval, the deal is expected to complete in Q3 2018. Bruce is a middle Jurassic gas, condensate, oil field discovered in 1974 by Hamilton Brothers Oil Co with well 9/8-1. It is a complex structure comprising three reservoirs - Bruce sandstone (oil and gas condensate), Statfjord sandstone (oil and gas condensate), and Turonian limestone (gas condensate). Appraisal drilling was largely unsuccessful until 1981. The field was not developed until 1990 and was developed using two bridge-linked platforms D and PUQ. It was brought onstream on 19 May 1993. During Phase II of the Bruce development a third platform was added to accommodate additional gas compression facilities. This CR platform, is bridge linked to the two original Bruce Field Platforms. Improved recovery commenced in 1997 with produced water being re-injected into the reservoir. The Keith field was discovered initially in 1983 by well 9/8a-8 which was drilled as a Bruce outpost. The field was not brought onstream until 2000. It has been developed as tie-back to Bruce. The Rhum field was discovered in 1977 with well 3/29-2 by a Joint Operating Agreement between BP and Iranian Oil. It was not initially developed due to the HP/HT nature of the reservoir. In 2002 the field development plan was submitted to the then Department of Trade and Industry. It was developed as a subsea tie-back to the Bruce field with two production wells and the completion of an appraisal well. Production commenced in 2005.  Following completion of the deal, interest in Bruce (lying in licences P90, P209 and P276) will be held by Serica Energy plc (36% + operator), Total E&P UK Ltd (43.25%), BHP Billiton Petroleum Great Britain Limited (16%), Marubeni Oil and Gas (U.K.) Limited (3.75%) and BP Exploration and Operating Company (1%). Interest in Keith (P209) will be held by Serica Energy plc (34.84% + operator), BHP Billiton Petroleum Great Britain Limited (31.83%), Total E&P UK Ltd (25%) and Marubeni Oil and Gas (U.K.) Limited (8.33%). Interest in Rhum (P198, P566 and P975) will be held by Serica Energy plc (50% + operator) and Iranian Oil Company (U.K.) Limited (50%).
United Kingdom (Viking Graben Province) (It's a petroleum rights. Please summarize by yourself). In IHS database: Bruce op. by BP (37.0%, TOTAL 43.25%, BHP BILLIT 16.0%, MARUBENI 3.75%) to be check.Hamilton op. by ENI SPA (0.0%, ENI SPA 46.1%, ENI SPA 45.0%, ENI SPA 8.9%) to be check.Statfjord op. by CENTRICA (100.0%) to be check.Keith op. by BHP BILLIT (0.0%, BP 34.83333%, BHP BILLIT 31.83333%, TOTAL 25.0%, MARUBENI 8.33334%) to be check.Rhum op. by BP (50.0%, NIOC 50.0%) to be check.