Ula - PL019/PL019 B
|North Sea (NO)||20% equity||Aker BP ASA (80% and operator)||7/12|
The Ula Field is located in the southern Norwegian section of the North Sea and has seven producing wells and five water and gas injection wells in operation.
This infrastructure acts as the local hub, with production from Tambar (Faroe 45%) and the Blane fields (Faroe 30.5%) feeding into it. The Ula hub is also the selected production hub for the Oda development (Faroe 15%) which is planned to come on-stream in 2019. Other discoveries have been made in the area, which could also be tied back to Ula in the future. Oil is exported via the Ula Transport System to the Ekofisk Field and then to shore through the Norpipe oil export pipeline to Teesside in the UK.
The operator continues to mature targets for a new infill campaign which is expected to commence in 2019. Potential infill targets include wells to expand the use of WAG (water alternating gas) injection to increase recovery, the deeper Triassic reservoir which has only one well in production today, as well as near field discoveries such as Ula North. The 4D seismic survey successfully acquired in 2017 will provide important new information when processing is complete in Q2 2018. A number of significant upgrades to the field facilities are also under way which will support long term production.