Aker BP: Tyrving on stream
Rhea-AI Summary
Aker BP has announced the start of oil production from the Tyrving field in the Alvheim area. The development, operated by Aker BP with partners Petoro and PGNiG Upstream Norway, consists of three wells and two new subsea installations tied back to existing infrastructure. Tyrving is expected to increase production while reducing unit costs and CO2 emissions per barrel.
Key points:
- Recoverable resources estimated at 25 million barrels of oil equivalent
- Exceptionally low emissions of 0.3 kg CO2 per barrel
- Leverages planned extended lifetime of the Alvheim field
- Tied back to East Kameleon and Alvheim FPSO
This development marks a significant milestone for Aker BP in enhancing production efficiency and environmental performance in the Alvheim area.
Positive
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Negative
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News Market Reaction 1 Alert
On the day this news was published, AKRBF declined 6.90%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
BÆRUM,
The Tyrving development leverages the planned extended lifetime for the Alvheim field and will increase production while reducing both unit costs and CO2 emissions per barrel.
The Tyrving development consists of three wells and two new subsea installations (manifolds), tied back to existing infrastructure at East Kameleon and further to the Alvheim FPSO.
Recoverable resources in Tyrving are estimated at approximately 25 million barrels of oil equivalent. Tyrving will operate with exceptionally low emissions, estimated at just 0.3 kg of CO2 per barrel.
Contacts:
Ole-Johan Faret, Press Spokesperson, tel.: +47 402 24 217
Carl Christian Bachke, Investor Relations Officer, tel.: +47 909 808 48
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https://news.cision.com/aker-bp-asa/r/tyrving-on-stream,c4031643
The following files are available for download:
Release | |
https://news.cision.com/aker-bp-asa/i/tyrving-reservoir-illustration,c3329401 | Tyrving reservoir illustration |
View original content:https://www.prnewswire.com/news-releases/aker-bp-tyrving-on-stream-302236457.html
SOURCE Aker BP ASA