Operator Aker BP and the partners in Skarv (Equinor, Wintershall Dea and PGNiG) report that production has started from Gråsel in the Skarv area, four months ahead of the original schedule. (Logo quoted from Yahoo’s image)

The Gråsel reservoir is situated over the Skarv reservoir in the Norwegian Sea, about 210 km west of Sandnessjøen. The reservoir contains around 13 million barrels of oil equivalent. 

The oil and gas are produced by utilising available capacity on the Skarv production vessel (FPSO). Total investment costs for the Gråsel project are around NOK 1.2 billion. Break-even price of USD 15 per barrel. 

The development consists of a new producer drilled from an existing well slot on the Skarv field, with pressure support from a shared injector for Gråsel and Tilje. 

Aker BP's objective is to produce oil and gas in the most cost-effective way possible so as to maximise value creation for our owners, partners and the greater society - with the lowest possible impact on the climate.

(IRuniverse)