The total crude oil and condensate production of Europe in 2022 was 2.52mmbpd, a decrease of 5.13% when compared to 2021. The largest oil producing countries in Europe are Norway, the UK, and Italy. Through to 2030, annual crude oil and condensate production is forecasted to decrease by a CAGR of 6.61% to reach 1.41mmbpd. GlobalData uses proprietary data and analytics to provide a complete picture of the global oil & gas fields segment. Buy the latest oil & gas fields profiles here.
In 2022, Norway had the highest crude oil production at 1.54mmbpd, followed by the UK at 0.62mmbpd and Italy at 0.1mmbpd. Here are the 10 largest crude oil fields in Europe by production in 2022, according to GlobalData’s Oil & Gas, Upstream Fields Database.
1. Johan Sverdrup
Johan Sverdrup is located in North Sea, Norway. This crude oil field is owned by Aker BP (31.57%), Equinor (42.63%), Petoro (17.36%), TotalEnergies (8.44%) and operated by Equinor Energy. The field produced 0.5mmbpd in 2022 and recovered 12.18% of its total recoverable crude oil and condensate reserves, with peak production in 2026. The peak production will be approximately at 0.71mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2082. The field currently accounts for approximately 20% of the total Europe daily crude oil and condensate output and it is expected to recover 3,946.66mmbbl of crude oil and condensate. Buy the profile here.
2. Snorre
Snorre is located in North Sea, Norway. This crude oil field is owned by BASF (5.74%), Eni (12.91%), Equinor (33.28%), HitecVision (5.64%), Idemitsu Kosan Co (4.75%), Inpex (4.85%), LetterOne Holdings (2.83%), Petoro (30.00%) and operated by Equinor Energy. The field produced 0.1mmbpd in 2022 and recovered 79.96% of its total recoverable crude oil and condensate reserves, with peak production in 2003. The peak production was approximately at 0.23mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 4.15% of the total Europe daily crude oil and condensate output and it is expected to recover 373.72mmbbl of crude oil and condensate. Buy the profile here.
3. Edvard Grieg
Edvard Grieg is located in North Sea, Norway. This crude oil field is owned by Aker BP (65.00%), BASF (10.05%), LetterOne Holdings (4.95%), OMV (20.00%) and operated by Aker BP. The field produced 0.09mmbpd in 2022 and recovered 72.18% of its total recoverable crude oil and condensate reserves, with peak production in 2021. The peak production was approximately at 0.1mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 3.52% of the total Europe daily crude oil and condensate output and it is expected to recover 85.97mmbbl of crude oil and condensate. Buy the profile here.
4. Ekofisk
Ekofisk is located in North Sea, Norway. This crude oil field is owned by ConocoPhillips (35.11%), Eni (8.62%), HitecVision (3.77%), Petoro (5.00%), Sval Energi (7.60%), TotalEnergies (39.90%) and operated by ConocoPhillips Skandinavia. The field produced 0.07mmbpd in 2022 and recovered 88.42% of its total recoverable crude oil and condensate reserves, with peak production in 2002. The peak production was approximately at 0.3mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2048. The field currently accounts for approximately 2.83% of the total Europe daily crude oil and condensate output and it is expected to recover 409.38mmbbl of crude oil and condensate. Buy the profile here.
5.Buzzard
Buzzard is located in North Sea, the UK. This crude oil field is owned by China National Offshore Oil (43.21%), Harbour Energy (21.73%), ONE-Dyas (5.16%), Suncor Energy (29.90%) and operated by CNOOC Petroleum Europe. The field produced 0.07mmbpd in 2022 and recovered 86.86% of its total recoverable crude oil and condensate reserves, with peak production in 2008. The peak production was approximately at 0.2mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 2.7% of the total Europe daily crude oil and condensate output and it is expected to recover 123.46mmbbl of crude oil and condensate. Buy the profile here.
6. Clair Ridge
Clair Ridge is located in West Shetland, the UK. This crude oil field is owned by BP (45.11%), Chevron (19.42%), Harbour Energy (7.50%), Shell (27.97%) and operated by BP Exploration Operating Co. The field produced 0.05mmbpd in 2022 and recovered 16.14% of its total recoverable crude oil and condensate reserves, with peak production in 2025. The peak production will be approximately at 0.06mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 1.99% of the total Europe daily crude oil and condensate output and it is expected to recover 297.73mmbbl of crude oil and condensate. Buy the profile here.
7. Heidrun
Heidrun is located in Norwegian Sea, Norway. This crude oil field is owned by ConocoPhillips (23.99%), Eni (3.61%), Equinor (13.04%), HitecVision (1.57%), Petoro (57.79%) and operated by Equinor Energy. The field produced 0.05mmbpd in 2022 and recovered 93.68% of its total recoverable crude oil and condensate reserves, with peak production in 1997. The peak production was approximately at 0.23mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2040. The field currently accounts for approximately 1.85% of the total Europe daily crude oil and condensate output and it is expected to recover 73.31mmbbl of crude oil and condensate. Buy the profile here.
8. Oseberg
Oseberg is located in North Sea, Norway. This crude oil field is owned by ConocoPhillips (2.40%), Equinor (49.30%), Petoro (33.60%), TotalEnergies (14.70%) and operated by Equinor Energy. The field produced 0.05mmbpd in 2022 and recovered 97.72% of its total recoverable crude oil and condensate reserves, with peak production in 1994. The peak production was approximately at 0.5mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 1.81% of the total Europe daily crude oil and condensate output and it is expected to recover 57.82mmbbl of crude oil and condensate. Buy the profile here.
9. Tempa Rossa
Tempa Rossa is located in Basilicata, Italy. This crude oil field is owned by Mitsui & Co (25.00%), Shell (25.00%), TotalEnergies (50.00%) and operated by Total E&P Italia. The field produced 0.04mmbpd in 2022 and recovered 27.43% of its total recoverable crude oil and condensate reserves, with peak production in 2022. The peak production was approximately at 0.04mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 1.74% of the total Europe daily crude oil and condensate output and it is expected to recover 111.57mmbbl of crude oil and condensate. Buy the profile here.
10. Schiehallion Redevelopment
Schiehallion Redevelopment is located in West Shetland, the UK. This crude oil field is owned by BP (33.35%), Delek Group (11.75%), Harbour Energy (10.00%), Shell (44.90%) and operated by BP Exploration Operating Co. The field produced 0.04mmbpd in 2022 and recovered 49.5% of its total recoverable crude oil and condensate reserves, with peak production in 2018. The peak production was approximately at 0.08mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2038. The field currently accounts for approximately 1.73% of the total Europe daily crude oil and condensate output and it is expected to recover 118.92mmbbl of crude oil and condensate. Buy the profile here.
For more details on the upstream fields, buy the profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
