HPR ROV Logo
HPR ROV Logo

Aker BP Finds Oil in NOAKA Area

Aker BP has made an oil discovery in the NOAKA – North of Alvheim Krafla Askja – area in the Norwegian section of the North Sea.

Aker BP is about to complete the Liatårnet exploration well in licence 442 in the NOAKA area. The well has proved oil with a gross resource estimate of 80-200 mmboe.

Further data acquisition and analysis will be undertaken to determine the drainage strategy and recovery factor for the discovery.

Evy Glørstad-Clark, SVP Exploration in Aker BP said: “The exploration success at Liatårnet is an encouraging result of a long-term strategy to unlock the exploration potential in the NOAKA area and provide the basis for an area development. The discovery represents a significant addition to the NOAKA resource base.”

Aker BP is the operator and holds 90.26 percent interest in licence 442. The partner is LOTOS with 9.74 percent.

Source link

Craigmill, Pitcaple, Inverurie, Aberdeenshire, United Kingdom, AB51 5HP
envelope-ophonemap-ocrossmenuchevron-down
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram