Aker BP and its partners Equinor and Sval Energy have commenced production from the Hanz field in the Norwegian North Sea.
Located in production licence 028 B, the subsea field development is tied into the Ivar Aasen platform about 15km further south.
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Discovered in 1997, the Hanz field holds estimated recoverable resources of 3.1 million standard cubic metres of oil equivalent, translating to approximately 19.65 million barrels of oil equivalent.
Aker BP said the development costs for the Hanz field are around Nkr5bn ($453m).
The project saw the repurposing of subsea production systems from the Jette field, a first for the Norwegian Continental Shelf (NCS).
This optimised solution has led to reduced power consumption, chemical use and seabed equipment.
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By GlobalDataIn addition to the technological advancements, the development strategy for Hanz included the implementation of a cross-flow well for water injection.
Aker BP CEO Karl Johnny Hersvik said: “This is yet another great example of what we can achieve working as one team with our suppliers towards a common goal and with shared incentives. In addition, innovative solutions with reuse of infrastructure and use of [a] cross-flow well have contributed to lower costs and lower emissions.
“Development of the Hanz discovery is important for the development of the Ivar Aasen area. Production start from Hanz in 2024 will help us maintain good production from the Ivar Aasen platform.”
Aker BP, which owns a 35% stake in the field, leads the consortium as the operator of production licence 028 B. Equinor owns a 50% interest while Sval Energi holds the remaining 15% stake.
Aker BP Projects Edvard Grieg and Ivar Aasen vice-president Stine Kongshaug McIntosh said: “This development solution will be more cost-efficient and have a smaller environmental footprint than originally planned for. This is in line with Aker BP’s continuous search for improvements, where the goal is to produce with low costs and low emissions.”
