Aker BP: New North Sea finds cap successful exploration year

Aker BP and operator Equinor confirmed new gas and condensate discoveries in the Lofn and Langemann wells within the Sleipner area of the North Sea. Gross recoverable resources are estimated between 30 and 110 million barrels of oil equivalents (mmboe). These finds, along with earlier discoveries at Omega Alfa and Kjøttkake, contribute over 100 million barrels net to Aker BP, making 2025 the most successful exploration year since the Johan Sverdrup discovery in 2010.

The Lofn and Langemann wells, located approximately 40 km northwest of Sleipner A, encountered high-quality gas and condensate in the Hugin formation and are classified as HPHT. Aker BP holds a 40% interest in the PL1140 license, with Equinor as operator. The partners are evaluating development solutions to leverage existing infrastructure for efficient, low-emission production.

These new discoveries are crucial for Aker BP's ambition to maintain production above 500,000 barrels per day into the 2030s. The Omega Alfa discovery in the Yggdrasil area, with resources between 96 and 134 mmboe, and the Kjøttkake oil and gas find (39-75 mmboe) near existing Troll-Gjøa infrastructure, further underscore the company's robust exploration performance. Aker BP aims for Kjøttkake production to start in 2028.