Lille Frøy is a conventional oil development located in shallow water in Norway and is operated by Aker BP. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Lille Frøy was discovered in 1976, lies in block 25/2P (PL 026), with water depth of around 384 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2027.
Field participation details
The field is owned by Aker BP and Polski Koncern Naftowy Orlen.
Production from Lille Frøy
Production from the Lille Frøy conventional oil development project is expected to begin in 2027 and is forecast to peak in 2028, to approximately 11,825 bpd of crude oil and condensate, 20 Mmcfd of natural gas and 473 bpd of natural gas liquids. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2057.
Remaining recoverable reserves
The field is expected to recover 37.26 Mmboe, comprised of 28.16 Mmbbl of crude oil & condensate, 47.84 bcf of natural gas reserves and 1.13 Mmbbl of natural gas liquid reserves.
About Aker BP
Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. Its exploration, development and production activities 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 includes in 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 operations in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, Norway.
For more details on the Lille Frøy Conventional Oil Field, buy the profile here.