Krafla, Fulla and North of Alvheim (NOAKA) Oil and Gas Fields

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Summary Information

  • Operator: Aker BP / Equinor
  • Country: Norway
  • Location: North Sea
  • Production start:
  • Partners:
  • Type: Oil & Gas
  • Estimated Reserves: 500 mboe
  • Production Volume:

Description

  • The NOAKA area is located between Oseberg and Alvheim in the North Sea and holds a number of oil and gas discoveries. The total recoverable resources are estimated at more than 500 million barrels of oil equivalents, and additional exploration potential has been identified. NOAKA is one of the largest remaining field development opportunities on the Norwegian continental shelf.
  • The development concept for NOAKA represents a large degree of remote operation and automation. The plans consist of a low-manned processing platform in the southern area operated by Aker BP, an unmanned processing platform in the north operated by Equinor, in addition to tie-backs from several unmanned wellhead platforms and a large number of subsea wells.
  • The partners plan to drill approximately 45 wells in order to reach the maximum potential of the resources in the area.

Contractors

  • FEED contracts
    • Aker Solutions as part of the “Fixed Facilities Alliance”: Topsides and jacket for NOA PdQ and Frøy NUI
    • Siemens Energy as part of the “Fixed Facilities Alliance”: Electrical, instrument, control systems and telecom (EICT)
    • Aker Solutions as part of the “Subsea Alliance”: Seabed production system (SPS)
    • Subsea 7 as part of the “Subsea Alliance”: Umbilicals, risers and flowlines (SURF)

History

  • 2009 - Fulla field discovered
  • 2011 - Krafla field discovered
  • 2013 - Lotos acquired 50% of Fulla from Centrica
  • 2020 - Equinor and Aker BP agree to joint development
  • 2021 - FEED contracts awarded
  • 2022 - Final investment decision

Geology

  • The Fulla reservoir contains gas and condensate in Middle Jurassic sandstone in the Ness Formation and lies at a depth of 4,000 metres
  • The Krafla reservoirs contain gas and oil in Middle Jurassic sandstone of the Brent Group at depths of 3,200-3,650 metres.

Links

  1. Norsk Petroleum, Fulla
  2. [# LOTOS Exploration & Production Norge, which had entered into an agreement with Centrica Norge on the acquisition of the Heimdal assets on the Norwegian Continental Shelf, has received clearance from the Norwegian authorities
  3. Equinor and Aker BP agree on way forward for Krafla, Fulla and North of Alvheim
  4. Aker BP awards contracts worth NOK 700 million
  5. Aker BP’s board approves field development projects