On Saturday, December 24 the Norwegian oil and gas company Aker BP started production from its operated Ivar Aasen field, off Norway.
The company produced a video of the project start-up, which came four years after the Plan for Development and Operation (PDO) was submitted. The field’s economic life is estimated to be 20 years.
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). This excludes Hanz, which will be developed in phase two of Ivar Aasen development and amounts to about 18 million barrels of oil equivalent.
Aker BP’s partners in the field are Statoil, Bayerngas, Wintershall, VNG, Lundin, and Okea.
Offshore Energy Today Staff