Offshore staff
LYSAKER, Norway – Aker BP and license partners Vår Energi AS and Lundin Energy Norway AS have submitted a plan for development and operation (PDO) for the Frosk field to the Norwegian Ministry of Petroleum and Energy.
The Frosk field is about 25 km (16 mi) southwest of the Alvheim FPSO in the Norwegian North Sea. It will be tied back to the FPSO via the existing Bøyla subsea infrastructure. Two new production wells will be drilled.
According to the company, the proposed solution enables a fast-track development with first oil planned 18 months after PDO submission.
Aker BP estimates total investments in the project at around NOK 2 billion (about $230 million). Production is scheduled to start in 1Q 2023. Recoverable reserves are estimated at around 10 MMboe.
The company has engaged the Semi Alliance (Aker BP, Odfjell Drilling, Halliburton) for drilling and completions of the new wells and the Subsea Alliance (Aker BP, Subsea 7, Aker Solutions) for execution of the subsea facilities scope.
The Alvheim field consists of the Kneler, Boa, Kameleon and East Kameleon structures. The Viper-Kobra and Gekko structures also reside within the same license. Further, the Alvheim area includes satellite fields Bøyla, Vilje, Volund and Skogul. All these fields are produced via the Alvheim FPSO, which came onstream on June 8, 2008.
When original developer Marathon secured sanction for Alvheim, recoverable resources were thought to be close to 200 MMbbl. Since then, more than 500 MMbbl have now been produced from the area.
Thomas Hoff-Hansen, Alvheim VP Operations & Asset Development, said: “The Frosk development will utilize existing infrastructure and add important volumes to the Alvheim FPSO. Production will increase and contribute to our ambition to produce one billion barrels through the FPSO while the incremental emissions from the Frosk project will be low. The Frosk project fits very well to Aker BP’s ‘low cost, low carbon’ strategy.”
09/27/2021
