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Aker BP makes 60m barrel discovery in North Sea

Feb 19, 2018

Aker BP has struck oilat the Frosk exploration well in the North Sea.

The Norwegianexploration and production company said the discovery could yield 30-60millionbarrels of oil, up from its earlier estimate of 3-21million.

Frosk is located inPL340, which also contains the Bøyla field.

Bøyla has been producingoil since 2015 through a subsea installation tied back to the Alvheim FPSO.

GroHaatvedt, senior vice president of exploration at Aker BP, said: “The Froskdiscovery adds significant volume and value to our resource base, and providesan ideal basis for another profitable expansion project which will secureoptimal utilization of the infrastructure in the Alvheim area for many years.”

“Thediscovery has given us valuable new information about the geological conditionsin the area, and has further increased the attractiveness of other possible exploration targets.”



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