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November 25, 2021updated 26 Nov 2021 5:33am

Skarv Conventional Gas Field, Norway

By Carmen

Skarv is a producing conventional gas field located in deepwater in Norway and is operated by Aker BP. 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.

An expansion project is associated with the Skarv, namely Alve Nord . This project is currently in the feasibility stage, expected to start in 2025.

Field participation details

The field is owned by Equinor, LetterOne Holdings, BASF, Aker BP and Polskie Gornictwo Naftowe i Gazownictwo.


Production from Skarv

The Skarv conventional gas field recovered 52.97% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 52.8 thousand bpd of crude oil and condensate, 385 Mmcfd of natural gas and 15.29 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 277.93 Mmboe, comprised of 54.23 Mmbbl of crude oil & condensate, 1,098.43 bcf of natural gas reserves and 40.63 Mmbbl of natural gas liquid reserves. Skarv conventional gas field reserves accounts 0.09% of total remaining reserves of producing conventional gas fields globally.


About Aker BP

Aker BP ASA (Aker BP), formerly Det norske oljeselskap ASA, 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. Its operated producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. Aker BP 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.

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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.

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