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Aker BP Hit Oil and Gas in New North Sea Discovery

Published in Oil Industry News on Wednesday, 20 March 2019


Graphic for News Item: Aker BP Hit Oil and Gas in New North Sea Discovery

Aker BP has successfully completed the Froskelår Main exploration well in licence 869 in the Alvheim area. The well has proved oil and gas. The gross resource estimate is 60-130 mmboe. A part of the discovery may straddle the UK-Norwegian border in the North Sea.

The Froskelår Main well is part of a drilling campaign in the Alvheim area launched on the back of the exploration success at Frosk in 2018, and more exploration and appraisal wells will follow.

Evy Glørstad-Clark, SVP Exploration in Aker BP commented:

“The exploration success at Froskelår Main is an encouraging result of a long-term strategy to unlock the exploration potential in the Alvheim area. This strategy has involved extensive data acquisition and detailed technical analysis. In parallel, we have been expanding our acreage position in the area through licensing rounds and business development activities. The Froskelår Main discovery represents a significant addition to the resource base in the Alvheim area. The discovery also illustrates the significant resource potential yet to be uncovered on the Norwegian Continental Shelf."





Tags

Oil Discovery, North Sea, Aker BP, Oil and Gas, Drilling, Exploration, News








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