The Ula field is 35 years old - and plans to stick around for at least ten more
When the Ula field was officially opened on October 1986, the ambition was to produce for 10–11 years. Over the course of 35 years, it has produced more than three times what was expected at start-up. The goal is to continue operations until 2032. "Ula is a truly success story. The field has generated enormous values for both owners and the broader society over the course of 35 years," says Ine Dolve, Aker BP's SVP Operations and Asset Development. "Since the start-up in 1986, Ula and its neighbouring field Tambar have produced close to 600 million barrels of oil equivalent and about