Significant oil discovery in the Yggdrasil area: Aker BP ASA
Aker BP (OTC:AKRBF) has announced a major oil discovery in the Yggdrasil area of the Norwegian North Sea. The Omega Alfa exploration campaign revealed recoverable volumes of 96-134 million barrels of oil equivalent (mmboe), making it one of Norway's largest commercial discoveries in a decade.
The campaign explored five targets through a multilateral well, with drilling operations utilizing the Deepsea Stavanger rig. The team achieved a record-breaking feat by drilling the three longest well branches ever on the Norwegian continental shelf, with the longest reaching 10,666 metres.
This discovery significantly contributes to Aker BP's ambition of producing over one billion barrels from the Yggdrasil area, which currently has a proven resource base of approximately 700 mmboe. First oil production is expected in 2027.
Aker BP (OTC:AKRBF) ha annunciato una importante scoperta di petrolio nell'area Yggdrasil del Mare del Nord norvegese. La campagna esplorativa Omega Alfa ha stimato volumi recuperabili pari a 96-134 milioni di barili di olio equivalente (mmboe), rendendola una delle più grandi scoperte commerciali in Norvegia dell'ultimo decennio.
La campagna ha indagato cinque obiettivi tramite un pozzo multilaterale, con le operazioni di perforazione svolte dalla piattaforma Deepsea Stavanger. Il team ha raggiunto un risultato record perforando i tre rami di pozzo più lunghi mai realizzati sulla piattaforma continentale norvegese, il più lungo dei quali ha raggiunto 10.666 metri.
Questa scoperta contribuisce in modo significativo all'obiettivo di Aker BP di produrre oltre un miliardo di barili dall'area Yggdrasil, che attualmente dispone di una riserva accertata di circa 700 mmboe. Il primo petrolio è previsto per il 2027.
Aker BP (OTC:AKRBF) ha anunciado un importante hallazgo de petróleo en el área Yggdrasil del Mar del Norte noruego. La campaña exploratoria Omega Alfa ha revelado volúmenes recuperables de 96-134 millones de barriles de petróleo equivalente (mmboe), convirtiéndola en uno de los descubrimientos comerciales más grandes en Noruega en una década.
La campaña investigó cinco objetivos mediante un pozo multilateral, con las operaciones de perforación realizadas con la unidad Deepsea Stavanger. El equipo logró un hito al perforar las tres ramas de pozo más largas jamás realizadas en la plataforma continental noruega, la más larga alcanzando 10.666 metros.
Este hallazgo aporta de forma significativa a la ambición de Aker BP de producir más de mil millones de barriles en el área Yggdrasil, que actualmente tiene una base de recursos probados de aproximadamente 700 mmboe. Se espera el primer petróleo en 2027.
Aker BP (OTC:AKRBF)가 노르웨이 북해의 이그드라실(Yggdrasil) 지역에서 대형 유전 발견을 발표했습니다. 오메가 알파 탐사 캠페인에서 회수 가능 매장량 9,600만~1억3,400만 배럴 석유환산값(mmboe)을 확인해, 지난 10년간 노르웨이에서 가장 큰 상업적 발견 중 하나로 평가됩니다.
이번 캠페인은 멀티라테럴(다지선) 시추로 다섯 개 목표층을 조사했으며, 시추는 딥씨 스타방거(Deepsea Stavanger) 장비로 진행되었습니다. 팀은 노르웨이 대륙붕에서 지금까지 시추된 것 중 가장 긴 세 개의 분기 지점을 기록했으며, 가장 긴 분기는 10,666미터에 달했습니다.
이번 발견은 현재 약 7억 mmboe의 검증된 자원 기반을 가진 이그드라실 지역에서 아커 BP가 10억 배럴 이상을 생산하겠다는 목표에 크게 기여합니다. 최초 생산은 2027년으로 예상됩니다.
Aker BP (OTC:AKRBF) a annoncé une importante découverte pétrolière dans la zone Yggdrasil de la mer du Nord norvégienne. La campagne d'exploration Omega Alfa a révélé des volumes récupérables de 96 à 134 millions de barils d'équivalent pétrole (mmboe), ce qui en fait l'une des plus grandes découvertes commerciales en Norvège depuis une décennie.
La campagne a ciblé cinq zones via un puits multilatéral, les opérations de forage ayant été effectuées avec la plate-forme Deepsea Stavanger. L'équipe a réalisé un record en forant les trois branches de puits les plus longues jamais effectuées sur le plateau continental norvégien, la plus longue atteignant 10 666 mètres.
Cette découverte contribue fortement à l'ambition d'Aker BP de produire plus d'un milliard de barils dans la zone Yggdrasil, qui dispose actuellement d'une réserve prouvée d'environ 700 mmboe. La première production de pétrole est attendue en 2027.
Aker BP (OTC:AKRBF) hat eine bedeutende Ölfundstelle im Yggdrasil-Gebiet der norwegischen Nordsee bekannt gegeben. Die Explorationskampagne Omega Alfa ergab bergbaren Umfang von 96–134 Millionen Barrel Öläquivalent (mmboe) und zählt damit zu den größten kommerziellen Entdeckungen Norwegens in den letzten zehn Jahren.
Die Kampagne untersuchte fünf Ziele über einen multilateral angelegten Bohrungskörper; die Bohrungen wurden mit dem Rig Deepsea Stavanger durchgeführt. Das Team stellte einen Rekord auf, indem es die drei längsten Bohrzweige erzeugte, die je auf dem norwegischen Festlandsockel gebohrt wurden, der längste davon erreichte 10.666 Meter.
Diese Entdeckung leistet einen wichtigen Beitrag zu Aker BPs Ziel, im Yggdrasil-Gebiet mehr als eine Milliarde Barrel zu fördern; derzeit weist das Gebiet eine nachgewiesene Ressourcenbasis von rund 700 mmboe auf. Die erste Ölförderung wird für 2027 erwartet.
- Major discovery of 96-134 million barrels of oil equivalent, among largest in Norway in past decade
- Record-breaking drilling achievement with longest well branches on Norwegian continental shelf
- Significant addition to Yggdrasil area's existing 700 mmboe resource base
- Project progressing on schedule with first oil expected in 2027
- High-quality reservoir data collected reduces subsurface uncertainty
- Production not expected to start until 2027
- Final recoverable volume estimates still show significant uncertainty range (96-134 mmboe)
LYSAKER, Norway, Aug. 21, 2025 /PRNewswire/ -- Aker BP has successfully completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area. The recoverable volume is estimated at 96-134 million barrels of oil equivalent (mmboe).
"Omega Alfa is among the largest commercial discoveries in
The campaign had five exploration targets - Omega, Alfa, Alfa South, Sigma NE, and Pi - through a multilateral well located west of Yggdrasil. In July, Aker BP preliminarily reported a discovery of 20-40 mmboe from two of these targets. Following the completion of the campaign, the combined recoverable volumes have increased to 96-134 mmboe.
Drilling operations began in early May using the Deepsea Stavanger rig. Over a three-month period, the team drilled a total of 45,000 metres, including 40,000 metres in reservoir sections. This included the three longest well branches ever drilled on the Norwegian continental shelf, with the longest branch reaching 10,666 metres.
The horizontal drilling method enabled the collection of an unprecedented amount of high-quality reservoir data. This has significantly reduced subsurface uncertainty and allows us to rapidly advance into concept studies to determine the optimal tie-back solution to Yggdrasil.
Yggdrasil is the largest field development project currently underway on the Norwegian continental shelf. The Plan for Development and Operation (PDO) was approved by Norwegian authorities in 2023, and the project is progressing according to plan, with first oil expected in 2027. The proven resource base is approximately 700 mmboe, with an ambition to grow this to more than one billion barrels through further exploration. The Omega Alfa discovery represents a significant building block in achieving this ambition.
The Omega Alfa campaign was conducted across production licences 873, 873 B, and 1249, all operated by Aker BP. In licences 873 and 873 B, the partnership consists of Aker BP (47.7 percent), Equinor (40 percent) and Orlen Upstream Norway (12.3 percent). In licence 1249, the partners are Aker BP (38.16 percent), Equinor (32 percent), Petoro (20 percent) and Orlen Upstream Norway (9.84 percent).
Contacts:
Kjetil Bakken, Head of Investor Relations, tel.: +47 918 89 889
Ole-Johan Faret, Press Spokesperson, tel.: +47 402 24 217
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SOURCE Aker BP ASA
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