📋 Tender Overview
State Secretary Lars Andreas Lunde received the development plan for the Frog find which is located in the Alvheim area in the central part of the North Sea. Aker BP and the other licensees have every reason to be proud of todays PDO submission. Frog is another good example of the impressive work that is being done with the development of the Alvheim area says State Secretary Lars Andreas Lunde.Frog was found in 2018 and will now be expanded with installations on the seabed that will be connected to existing infrastructure on the nearby Byla field that is connected to Alvheim. Processing and export will take place from the production vessel on the Alvheim field Alvheim FPSO. The development is part of a series of important projects in the operators long-term strategy with increased oil recovery for the Alvheim area.This type of project helps to utilize established infrastructure maintain production and increase the recovery rate from the shelf. The fact that the companies have the ability and willingness to extract all profitable resources is crucial for achieving the goals in the petroleum policy on value creation and employment in the industry and for government revenues over time says Lunde.Recoverable resources for the development are estimated at 10 million barrels of oil equivalents. Total investments are estimated at about NOK 2 billion. Planned production start-up is in the first quarter of 2023 and the field is expected to produce for 10 years.The operator started sample extraction from Frog in 2019. The sample extraction provides important information that reduces risk and contributes to a rational development. With the chosen development solution for Frosk the licensees have planned a rapid development with production starting already 18 months after the submission of the development plan.A plan for development and operation for Frog was provided by the operator Aker BP. The other licensees in the project are Vr Energi and Lundin.
