Aker BP makes "significant" oil discovery offshore Norway
Preliminary estimates of the oil discovery indicate a gross recoverable volume of 40-90 MMboe, surpassing the previously communicated pre-drill estimate of 18-45 MMboe.
Stay updated with breaking news from Plan For Development. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Preliminary estimates of the oil discovery indicate a gross recoverable volume of 40-90 MMboe, surpassing the previously communicated pre-drill estimate of 18-45 MMboe.
/PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to...
Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, except from one. The total recoverable resources from these development projects were estimated to 730 mmboe net for Aker BP, with net investments of approx. USD 19 billion in nominal terms and an average break-even price of USD 35-40 per barrel.
Norwegian oil and gas company Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded…
The total recoverable resources from these development projects were estimated to 730 MMboe net for Aker BP, with net investments of approximately $19 billion in nominal terms and an average break-even price of $35-40 per bbl.