Aker BP has accomplished its Omega Alfa exploration marketing campaign within the Norwegian North Sea, leading to a big oil discovery that provides substantial new assets to the Yggdrasil space. The recoverable quantity is estimated at 96-134 million barrels of oil equal (MMboe).
Picture: Aker BP
“Omega Alfa is among the many largest industrial discoveries in Norway in a decade. Constructing on the momentum from the oil discovery at East Frigg in 2023, it marks a serious step towards our ambition of manufacturing a couple of billion barrels from the Yggdrasil space,” mentioned Karl Johnny Hersvik, CEO of Aker BP. “That is the results of a robust collaborative effort between our personal groups and our alliance companions, and a testomony to how new exploration strategies push the boundaries. We look ahead to unlocking much more of the potential on this prolific space.”
The marketing campaign had 5 exploration targets – Omega, Alfa, Alfa South, Sigma NE, and Pi – by means of a multilateral properly positioned west of Yggdrasil. In July, Aker BP preliminarily reported a discovery of 20-40 MMboe from two of those targets. Following the completion of the marketing campaign, the mixed recoverable volumes have elevated to 96-134 MMboe.
Drilling operations started in early Could utilizing the Deepsea Stavanger rig. Over a three-month interval, the staff drilled a complete of 45,000 m, together with 40,000 m in reservoir sections. This included the three longest properly branches ever drilled on the Norwegian continental shelf, with the longest department reaching 10,666 m.
The horizontal drilling technique enabled the gathering of an unprecedented quantity of high-quality reservoir knowledge. This has considerably decreased subsurface uncertainty and permits us to quickly advance into idea research to find out the optimum tie-back resolution to Yggdrasil.
Yggdrasil is the most important subject improvement venture at the moment underway on the Norwegian continental shelf. The Plan for Growth and Operation (PDO) was authorised by Norwegian authorities in 2023, and the venture is progressing in keeping with plan, with first oil anticipated in 2027. The confirmed useful resource base is roughly 700 MMboe, with an ambition to develop this to a couple of billion barrels by means of additional exploration. The Omega Alfa discovery represents a big constructing block in reaching this ambition.
The Omega Alfa marketing campaign was carried out throughout manufacturing licenses 873, 873 B, and 1249, all operated by Aker BP. In licenses 873 and 873 B, the partnership consists of Aker BP (47.7 %), Equinor (40 %) and Orlen Upstream Norway (12.3 %). In license 1249, the companions are Aker BP (38.16 %), Equinor (32 %), Petoro (20 %) and Orlen Upstream Norway (9.84 %).
