Aker BP starts Gråsel production ahead of schedule

June 18, 2021
Aker BP ASA and partners started production from Gråsel oil and gas field in the Skarv area, about 210 km west of Sandnessjøen in the Norwegian Sea, 4 months ahead of schedule.

Aker BP ASA and partners started production from Gråsel oil and gas field in the Skarv area, about 210 km west of Sandnessjøen in the Norwegian Sea, 4 months ahead of schedule (OGJ Online, Dec. 18, 2020).

The development consists of a new producer drilled from an existing well slot on Skarv field, with pressure support from a shared injector for Gråsel and Tilje. The fast implementation can be credited to early access to a drilling rig.

An injection well is still required to maintain pressure in the Gråsel reservoir. It is planned for third-quarter 2021.

The Gråsel reservoir is over the Skarv reservoir and contains around 13 MMboe. Oil and gas are produced using available capacity on the Skarv floating production and storage unit (FPSO).

Total investment costs for the Gråsel project are around $140 million with a $15/bbl breakeven.

Aker BP is operator at Skarv (23.835%) with partners Equinor Energy AS (36.165%), Wintershall Dea Norge AS (28.0825%), and PGNiG Upstream Norway AS (11.9175%).