Aker BP Makes New Discovery



Aker BP Makes New Discovery
Aker BP has made a discovery at the Froskelar Main exploration well.

Aker BP has revealed that it has made a discovery at the Froskelar Main exploration well, which is situated in license 869.

The well proved oil and gas, according to Aker BP, which highlighted on its website that the gross resource estimate of the find is between 60 and 130 million barrels of oil equivalent. A part of the discovery may straddle the UK-Norwegian border in the North Sea, Aker BP revealed.

“The exploration success at Froskelar Main is an encouraging result of a long-term strategy to unlock the exploration potential in the Alvheim area,” Evy Glorstad-Clark, Aker BP senior vice president of exploration, said in a company statement.

“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,” Glorstad-Clark added.

“The Froskelar 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,” the Aker BP representative continued.

Froskelar Main was drilled by the Scarabeo 8 drilling facility at a water depth of 393 feet, according to the Norwegian Petroleum Directorate, which revealed that the well has now been permanently plugged and abandoned.

Aker BP is the operator and holds a 60 percent interest in license 869. The partners are Lundin Norway (20 percent) and Var Energi (20 percent).

In May last year, Aker BP announced a gas discovery in the Barents Sea. Back in February, the company revealed that Frosk exploration well 24/9-12 had proved oil.



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