Aker BP is taking a major step forward in its digital transformation by expanding the use of Cognite Atlas AI™, deepening its strategic partnership with Cognite to drive an “AI-first” approach in exploration and production.
Aker BP has completed its Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area. The recoverable volume is estimated at 96-134 million barrels of oil equivalent (MMboe).
Well 6507/5-13 S aimed to prove petroleum in reservoir rocks in the Fangst and Båt groups. “The well encountered a 14-meter oil column in the Garn Formation in 43 meters of sandstone with moderate reservoir quality”, the upstream regulator said in a press release. “The oil/water contact was encountered at 3702 meters below sea level. The other formations in the Fangst and Båt groups were aquiferous.
Aker BP ASA has extended its alliance agreement with SLB (Schlumberger Limited) and Stimwell Services Ltd. for another five years. The alliance formed in 2019 has supported Aker BP’s operated assets in meeting production targets.
Aker BP said in a media release the alliance will work on further accelerating and boosting oil production.
Aker BP’s net production for the quarter was 41.3 million barrels of oil equivalent (MMboe), up from 38.2 MMboe in the previous quarter, which corresponds to a daily average of 449,200 barrels of oil equivalent per day (boepd), compared to 414,700 boepd in the third quarter.
CHC Helikopter Service, the Norwegian division of CHC Helicopter and a leading provider of offshore transportation solutions, has entered a $500 million strategic partnership with Aker BP to support its offshore helicopter activity in Norway.
ASCO has been awarded a five-year contract until 2030 for base and logistics services for Aker BP in Tananger, Sandnessjøen, and Farsund in Norway. The agreement also includes continued services in warehouse management, load carriers, waste services, and personnel leasing for logistics and helicopter coordination.
Oil and gas company Aker BP ASA has partnered with PXGEO Equipment Ltd., a geophysical service provider, to enhance its subsurface exploration and development activities. In a media release, Aker BP said it plans to maximize value creation and flow efficiency through a LEAN operations philosophy.
Aker BP ASA has proven gas in another well in production license 261 in the Norwegian Sea and is considering developing the discoveries in the block through tieback to existing infrastructure.
Aker BP has proven the presence of gas in appraisal well 6507/2-7 S 230 kilometres offshore Sandnessjøen in the Norwegian Sea, the Norwegian Offshore Directorate announced on Thursday.