BG says Everest East production on stream

Oil and gas operator BG Group said yesterday it had started production from a UK North Sea field.

Everest East, thought to hold more than 20.5million barrels of oil equivalent (boe), is the second of seven projects BG plans to bring on stream this year. The field, tied back to BG’s North Everest platform, is expected to provide peak production of 10,000boe.

Chief executive Chris Finlayson said: “With first production from the Everest East expansion in the UK North Sea, following the second floating production, storage and offloading vessel coming on stream offshore Brazil in January and the recent restart of Elgin/Franklin, we have now achieved the key production milestones we set for the first quarter of 2013.”