Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
December 7, 2021

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, BASF, Aker BP, Polskie Gornictwo Naftowe i Gazownictwo and LetterOne Holdings.


Production from Ærfugl

The Ærfugl conventional gas field recovered 0.86% of its total recoverable reserves, with peak production expected in 2022. The peak production will 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 2059.


Remaining recoverable reserves

The field is expected to recover 269.9 Mmboe, comprised of 40.88 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), formerly Det norske oljeselskap ASA, 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. Its operated producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. Aker BP 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.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU