Aker BP company along with Skarv partners (Equinor and Wintershall Dea, PGNiG) announced the start of production from Gråsel Reservoir in the Skarv area, four month earlier before the planned schedule, a press release reported.
Gråsel Reservoir is located in the Norwegian Sea, about 210 km west of Sandnessjøen and it contains around 13 million barrels of oil equivalent (mmlboe). The total investments of the project estimated at NOK 1.2 billion.
“I’m incredibly proud of the project team and our licence partners: Only six months have passed since the joint venture approved the investment decision to develop Gråsel. This must be one of the fastest project implementations ever on the Norwegian shelf,” says Aker BP CEO, Karl Johnny Hersvik.
“Together, we have once again completed a profitable project safely, efficiently and within budget – and on top of all that – much faster than planned when the project started.” Hersvik adds.
For her part, Mette Nygård, Project manager for the Gråsel development, commented “The drilling campaign was carried out safely and efficiently, which helped to put us well ahead of the plan. It was also the first time in Aker BP history that a well intervention vessel was used to temporarily plug the injection well. This led to substantial cost reductions by reducing rig time.”