Aker BP attains Frosk exploration of well 24/9-12 near Alvheim

Aker BP set to finish drilling of the Frosk exploration of well 24/9-12 located near Alvheim in the North Sea. Analysis suggests a discovery size of 30-60 million barrels of oil that are equivalents more than company’s pre-drill estimates of 3-21 mmboe.

Frosk is located in PL340, which also contains the Bøyla field. Bøyla has been
producing oil since 2015 through a subsea installation tied back to the Alvheim.

Gro G. Haatvedt, Senior Vice President Exploration in Aker BP said “The Frosk discovery adds significant volume and value to our resource base, and provides an ideal basis for another profitable expansion project which will secure optimal utilization of the infrastructure in the Alvheim area for many
years.”