VIDEO: Aker BP Starts Ivar Aasen Production

Norwegian oil and gas company, Aker BP, started oil production from the Ivar Aasen field in the North Sea on Saturday.

Aker BP is the operator of the unitized development, with a 34.7862 percent interest.

The Ivar Aasen field is located in the northern part of the North Sea, about 175 km west of Karmøy, and contains around 186 million barrels of oil equivalent (boe), excluding Hanz.

The development of the Ivar Aasen includes deposits for five licenses, 001B, PL028 B, PL242, PL338 and PL457. The unitization of the licenses covers deposits in Ivar Aasen and West Cable. Hanz deposit in license PL028 B is not covered by the unitization.

The anticipated economic life of Ivar Aasen is 20 years, depending on oil price and production trend.

Oil and gas from Ivar Aasen is processed and exported from Grieg platform, which also supplies power to Ivar Aasen.

Share this article

Follow Subsea World News

Events>

<< Nov 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

SPE/IADC Middle East Drilling Technology Conference and Exhibition

The theme for this conference is “Building on Today’s Efficiencies for Tomorrow’s Market.” This will be the basis for the technical agenda…

read more >

Subsea Connect Americas

Subsea Connect Americas is the annual gathering for the submarine communications industry operating in North, South & Central America…

read more >

Future Energy Asia Exhibition & Conference (FEA) 2018

The transformation and development of Thailand is a major priority for the government which creates incredible business opportunities…

read more >

HYPACK 2018

This training event will offer instruction on the newest features of HYPACK® 2018 as well as comprehensive training for both novice…

read more >