Gekko is a conventional gas development located in shallow water in Norway and is operated by Aker BP. Discovered in 1974, Gekko lies in block 24/6P (PL 203) and 25/4P (PL 203), with water depth of around 397 feet.
The project is currently in construction stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2021. The Gekko conventional gas development will involve the drilling of approximately two wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by Aker BP, Lundin Energy and ConocoPhillips.
Production from Gekko
Production from the Gekko conventional gas development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 4,050 bpd of crude oil and condensate and 72 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2065.
Remaining recoverable reserves
The field is expected to recover 50.37 Mmboe, comprised of 12.74 Mmbbl of crude oil & condensate and 225.76 bcf of natural gas reserves.
Contractors involved in the Gekko conventional gas field
Some of the key contractors involved in the Gekko project as follows.
Main EPC: Subsea 7
Other Contractors: Aker Solutions and Corinth Pipeworks
About Aker BP
Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. It mainly focuses on the Norwegian Continental Shelf (NCS). The company has a balanced portfolio of assets across the upstream value chain. Aker BP operates producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. It also has participating interest in other producing assets such as Atla, Enoch and Gina Krog. The company is also a partner in a major developing project, Johan Sverdrup and has interest in additional exploration licenses. It has offices in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, Norway.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.