Middle East

AkerBP may export more gas from Skarv offshore



February 10, 2022

SkarvFPSO-© AkerBP

Norwegian Aker BP is considering increasing gas exports from the Skarv field to take advantage of higher prices than oil, CEO Karl Johnny Hersvik said Thursday.

Aker BP is currently injecting oilfield-produced natural gas into reservoirs to increase oil production, but Hersvik told analysts and reporters that the company could export gas instead. Speaked during the presentation.

“There are several opportunities we are considering, including gas exports and injections in the Skullbu oilfield,” Haasbic said when asked about the possibility of increasing gas exports.

“If this kind of gas price were to be seen in the future, it would further facilitate the drilling of gas pockets, but today it is primarily about reservoir management,” he added.

Skarv produced about 22 million cubic meters (mcm / d) of gas per day in the first 11 months of 2021, about half of which was sold for export, according to Norwegian Petroleum Control (NPD) data. Shows.

Hersvik did not specify how much exports could increase.

According to gas system operator Gasco, the total export volume of Norwegian gas is currently 334 mcm per day.

Last year, the majority of state-owned Equinor made a similar decision to increase gas exports from the Heidrun and GinaKrog oil fields by switching from intrusion of reservoirs.

The Skarv oil field in the northern Norwegian Sea exports gas to the Kaarstoe gas treatment plant before it is exported to Europe.

According to the NPD, oil production in this field is declining and gas injection is important for oil recovery.

Norway is Europe’s second largest source of natural gas after Russia, accounting for about 22% of European Union consumption.

(Report by Nerijus Adomaitis, Written by Terje Solsvik, Edited by Gwladys Fouche and Edmund Blair)

https://www.oedigital.com/news/494196-aker-bp-may-export-more-gas-from-skarv-offshore-field AkerBP may export more gas from Skarv offshore

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