Aker BP reports that production has started on schedule at the Frosk field in the Alvheim area, just 18 months after the submission of the Development and Operation Plan (PDO).
“The Frosk project has been delivered with high quality, on time and within budget by the Aker BP project team in close cooperation with our suppliers. This is a great example of what we can achieve with the alliance model, working as a team with our suppliers towards a common goal with shared incentives,” says Aker BP CEO Karl Johnny Hersvik. “Frosk is also a excellent illustration of how we can increase the value of our existing fields through increased production and useful life extensions, as well as reduced unit costs and emission intensity.”
The Frosk field, operated by Aker BP with Vår Energi as a partner, is linked to the Alvheim FPSO in the North Sea via existing subsea infrastructure and uses existing capacity at the processing facility with only a marginal increase in consumption of energy and CO2 emissions, Aker. BP said in its statement.
The Frosk project has been delivered within the estimated initial investment of around $230 million. Aker BP noted that recoverable reserves at Frosk are estimated at around 10 million barrels of oil equivalent (mmboe).
The Alvheim area is among the most efficient assets on the Norwegian continental shelf, and the resource base has multiplied since commissioning, the company said. This is the result of targeted exploration and reservoir development, technological innovation and, above all, unique collaboration with key suppliers under Aker BP’s alliance model, the company added.
Through the alliance model, Alvheim benefits from continuity in platforms, vessels, facilities and personnel, the statement said. This is a key success factor that allows the transfer of learnings and the continuous improvement of methods and technology from one project to another, he adds.
Frosk is the first of three new subsea tie-in projects to the Alvheim FPSO, with Kobra East & Gekko expected to come online in early 2024 and Tyrving expected to come online in 2025, according to Aker BP.
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