Aker BP Nearing Completion At Exploration Well In Norway License 442
Drilling Activity Details
Drilling Activity Summary
Description
Aker BP is nearing completion at exploration well #1-Liatarnet in offshore Norway license 442 in the NOAKA area. The well has proved oil with a gross resource estimate of 80-200 MMboe. Further data acquisition and analysis will be undertaken to determine the drainage strategy and recovery factor for the discovery. Oslo-based Aker BP is the operator and holds 90.26% interest in license 442, with partner LOTOS (9.74%). A more detailed technical description of well results will be released by the Norwegian Petroleum Directorate when the operation has been completed.
Aker BP is nearing completion at exploration well #1-Liatarnet in offshore Norway license 442 in the NOAKA area. The well has proved oil with a gross resource estimate of 80-200 MMboe. Further data acquisition and analysis will be undertaken to determine the drainage strategy and recovery factor for the discovery. Oslo-based Aker BP is the operator and holds 90.26% interest in license 442, with partner LOTOS (9.74%). A more detailed technical description of well results will be released by the Norwegian Petroleum Directorate when the operation has been completed.