Norwegian operator Aker BP has once again struck oil in the area south of its Alvheim field in the North Sea, with a discovery at the Froskelaar Main prospect.
The discovery and other nearby finds could potentially allow for a new standalone development if additional wildcats are also successful, according to analysts.
Froskelaar (Frog Leg) follows up on last year’s nearby Frosk (Frog) discovery, which was one of Norway’s most promising oil finds of 2018 with about 50 million barrels of oil equivalent.
