Aker BP has made a discovery at the company-operated Frosk exploration well 24/9-12 in the North Sea offshore Norway near the Alvheim field. Preliminary analysis shows a discovery of between 30 million and 60 million BOE, which is “significantly more” than the predrill estimates of between 3 million and 21 million BOE, the company said. Frosk is situated in PL340, a license that also includes the Boyla field. Boyla has been producing oil since 2015 through a subsea installation tied back to the Alvheim floating production, storage, and offloading vessel. The company has a 65% interest in PL340, with Point Resources (20%) and Lundin (15%) holding the remaining stakes.
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