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December 7, 2021updated 27 Apr 2022 12:19pm

Ærfugl Conventional Gas Field, Norway

By Carmen

Ærfugl is a producing conventional gas field located in deepwater in Norway and is operated by Aker BP. The field is located in block 6507/5P (PL 212), 6507/2P (PL 262), 6507/3P (PL 212 B), and 6507/3P (PL 212 E), with water depth of 1,368 feet.

Field participation details

The field is owned by Equinor, Aker BP, BASF, LetterOne Holdings and Polskie Gornictwo Naftowe i Gazownictwo.


Production from Ærfugl

The Ærfugl conventional gas field recovered 2.18% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 13.34 thousand bpd of crude oil and condensate, 406 Mmcfd of natural gas and 14.29 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060.


Remaining recoverable reserves

The field is expected to recover 266.3 Mmboe, comprised of 37.28 Mmbbl of crude oil & condensate, 1,134.42 bcf of natural gas reserves and 39.95 Mmbbl of natural gas liquid reserves. Ærfugl conventional gas field reserves accounts 0.09% of total remaining reserves of producing conventional gas fields globally.


About Aker BP

Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. It mainly focuses on the Norwegian Continental Shelf (NCS). The company has a balanced portfolio of assets across the upstream value chain. Aker BP operates producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. It also has participating interest in other producing assets such as Atla, Enoch and Gina Krog. The company is also a partner in a major developing project, Johan Sverdrup and has interest in additional exploration licenses. It has offices in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, Norway.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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