December 16, 2017

Aker BP ASA has submitted the plan for development and operations (PDO) for the Skogul field (formerly Storklakken) to the Norwegian Ministry of Petroleum and Energy, on behalf of the Skogul partnership. The Skogul field is located 30 kilometers north of Alvheim FPSO, and will be developed as a subsea tieback to Alvheim via Vilje.
Recoverable reserves are estimated to around 10 million barrels of oil equivalents. Total investments are estimated to NOK 1.5 billion in real terms, and production start is planned for first quarter 2020.
The production well at Skogul will be subsea production well number 35 in the Alvheim area, and represents Aker BP’s continuous effort to maximize value and extend economical field life to the benefit of the company and its partners.
Aker BP has also submitted plans for the development and operations for Valhall Flank West and AErfugl.
• Valhall is a giant oil field in the southern part of the Norwegian sector in the North Sea. The Valhall Flank West project aims to continue the development of the Tor formation in Valhall on the western flank of the field, with startup of operation in fourth quarter 2019.
• The AErfugl field, including Snadd Outer, is a unique gas condensate field, nearly 60 km long and just 2-3 km wide, situated close to the Aker BP-operated Skarv FPSO, approximately 210 km west of Sandnessjøen.
(Source: Aker BP)