BP begins production on Skarv Field, Norway

BP and partners announced the successful start of production from the Skarv field in the Norwegian Sea, one of a series of new major upstream projects that BP brought into production in 2012. Production started on 31 December 2012.

The Skarv field is approximately 210km west of the Norwegian coast in water depths of approximately 350-450m. Discovered in 1998, the field has an estimated ultimate recovery of around 100 million barrels of oil and condensate and over 1.5 trillion cubic feet of rich gas.

The field development includes a new highly-advanced FPSO (floating production, storage and offloading vessel) purpose-built for harsh waters, five subsea drilling templates, and an 80-kilometre 26-inch gas export pipeline connected to the Gassled transportation system, allowing export to markets in Europe.

The field will ramp up production and is anticipated to reach around 125,000boe/d monthly average rate (30,000boe/d net to BP) within the first six months of production and an expected maximum daily rate of approximately 165,000boe/d by year end.

Rebecca Wiles, BP Norway managing director, said: “Skarv will be a very important hub for BP in Norway, contributing significantly to our production growth from Norway and representing an important new source of gas to Europe.”

“The field’s development has already created many jobs and business activities at Helgeland. With its expected field life of 25 years, Skarv will continue to be an important contributor to local business activities.”

Previous articleRosneft and ExxonMobil team up for Siberian oil pr
Next articleGeeta Agashe appointed as Senior VP in Kline’s tea
Stainless Steel World Publisher
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.