Accomplishing the task on time and within budget, Aker BP has started production from the Viper-Kobra development in the Alvheim area offshore Norway.
The initial output from the two wells is expected to be an estimated 15,000 boe/d. Each of the reserves is estimated to hold about 4 MMbbl of recoverable oil with total recoverable reserves estimated at 9 MMboe, including gas, Aker BP said in a news release.
With development costs at about NOK 1.8 billion (US$211.6 million), work included the drilling of two wells, subsea installations, pipelines and hookup. The development, which consists of the Viper and Kobra discoveries but is considered part of the Alvheim Field, is tied back to the Alvheim FPSO vessel.
“The development comprises a new subsea installation with a pipeline tied into the Volund manifold,” Aker BP said in the release. “The four well slots are designated for one well from Viper and one from Kobra, in addition to two well slots intended for potential future wells in the area.”
Geir Solli, senior vice president of operations for Aker BP, called the project a small but important one for the company.
“Viper-Kobra leverages on the existing infrastructure in the Alvheim area, thus ensuring maximum utilization of the adjacent resources and will contribute to maintain the Alvheim production at a high level,” Solli said.
Alvheim license operator Aker BP has a 65% interest with partners ConocoPhillips (20%) and Lundin Norway (15%).