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  1. Market Data
April 28, 2022

Asterix Conventional Gas Field, Norway

By Carmen

Asterix is a conventional gas development located in deepwater in Norway and is operated by Equinor Energy. Discovered in 2009, Asterix lies in block 6705/10P (PL 327 B) and 6705/11 (PL 327 B), with water depth of around 4,379 feet.

The project is currently in feed stage and is expected to start commercial production in 2025.

Field participation details

The field is owned by Equinor, Petoro, Shell, BASF and LetterOne Holdings.


Production from Asterix

Production from the Asterix conventional gas development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 568 bpd of crude oil and condensate and 189 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2080.


Remaining recoverable reserves

The field is expected to recover 140.97 Mmboe, comprised of 1.83 Mmbbl of crude oil & condensate and 834.86 bcf of natural gas reserves.


Contractors involved in the Asterix conventional gas field

Some of the key contractors involved in the Asterix project as follows.

Design/FEED Engineering: Aibel

Other Contractors: Transocean

About Equinor Energy

Equinor Energy AS (Equinor Energy) is a wholly-owned subsidiary of Equinor ASA. The company provides oil and gas exploration and production services. It extracts, refines, and transports natural gas, crude oil, and wind power for manufacturing of synthetic fabrics, plastics, asphalt, cosmetics, and medicines. Equinor Energy is headquartered in Stavanger, 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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