Aker BP

Regulatory Filings • Apr 17, 2018

AKERBP: First quarter 2018 production

Aker BP ASA produced 158.6 thousand barrels of oil equivalents per day in the first quarter 2018. The production per field is specified below.

Field	Interest	Operator	Q1-18	Q4-17
Alvheim	65%	Aker BP	40.5	42.3
Bøyla	65%	Aker BP	3.2	3.7
Gina Krog	3.3%	Statoil	1.5	1.7
Hod	90%	Aker BP	1.0	0.5
Ivar Aasen	34.78%	Aker BP	24.4	23.5
Skarv	23.40%	Aker BP	27.1	21.4
Tambar	55%	Aker BP	1.6	0.9
Ula	80%	Aker BP	6.5	6.0
Valhall	90%	Aker BP	33.5	14.4
Vilje	46.90%	Aker BP	5.1	4.8
Volund	65%	Aker BP	14.1	16.3
Other	Misc.	Misc.	0.1	0.1
Total			158.6	135.6

Aker BP's interest in the Valhall and Hod fields has increased to 90% from first quarter 2018.

Production volumes are subject to final re-allocation. Numbers may not add due to rounding.

Investor contact:

Kjetil Bakken, VP Investor Relations, tel.: +47 91 889 889

Media contact:

Ole-Johan Faret, Press Spokesman, tel.: +47 402 24 217

About Aker BP:

Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker 'AKERBP'. More about Aker BP at www.akerbp.com.