Skarv is a producing conventional gas field located in deepwater 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, the field is located in block 6507/5P (PL 212), 6507/3P (PL 159), 6507/2P (PL 262), 6507/3P (PL 212 B), and 6507/6P (PL 212), with water depth of 1,381 feet. Buy the profile here.
Four expansion projects are associated with the Skarv conventional gas field, namely the Alve Nord , the Shrek Development, the Orn Development and the Idun Nord Development. The expansion projects are currently in the approval stage, targeting start-up during 2024 – 2027.
Field participation details
The field is owned by Aker BP, BASF, Equinor, LetterOne Holdings and Polskie Gornictwo Naftowe i Gazownictwo.
Production from Skarv
The Skarv conventional gas field recovered 41.66% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 19.28 thousand bpd of crude oil and condensate, 715.00 Mmcfd of natural gas and 13.06 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 574.46 Mmboe, comprised of 63.46 Mmbbl of crude oil & condensate, 2,840.25 bcf of natural gas reserves and 37.62 Mmbbl of natural gas liquid reserves. Skarv conventional gas field reserves accounts 0.20% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Skarv conventional gas field
Some of the key contractors involved in the Skarv project as follows.
Other Contractors: Aker Solutions and Subsea 7
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 Skarv Conventional Gas Field, buy the profile here.