BP starts production at Skarv field in Norwegian Sea

1/2/2013

BP starts production at Skarv field in Norwegian Sea

LONDON -- BP and partners have successfully started production from the Skarv field in the Norwegian Sea. The field is anticipated to reach around 125,000 boed, monthly average rate, within the first six months of production.

The Skarv fields expected to reach maximum daily production rate of 165,000 boed by year end. Field development includes a new FPSO purpose-built for harsh waters, five subsea drilling templates, and an 80-km 26-in. gas export pipeline connected to the Gassled transportation system, allowing export to markets in Europe.

BP Norway has a 23.84% interest in the field and is operator; Partners are: Statoil 36.17%; E.ON E&P Norge 28.08%; and PGNiG Norway 11.92%.

Dow Jones Newswires

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