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The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third explorationwelldrilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. Please upgrade your browser to improve your experience.
A key advantage: many of these discoveries are located near existing infrastructure, allowing BP to tie back new wells quickly and cost-effectively. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. billion (up from $1.2 billion in Q4 2024) Pre-tax Earnings (RCPBIT): $4.5
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