Brage is a producing conventional oil field located in shallow water in Norway and is operated by Wintershall Dea Norge. The field is located in block 30/6P (PL 053 B), 31/4P (PL 055), 31/4P (PL 055 B), 31/7P (PL 185), and 31/4P (PL 055 D), with water depth of 768 feet.
Field participation details
The field is owned by Neptune Energy Group, Eni, HitecVision, Others, Hibiscus Petroleum, DNO, LetterOne Holdings, Rex International Holding and BASF.
Production from Brage
The Brage conventional oil field recovered 98.09% of its total recoverable reserves, with peak production in 1996. The peak production was approximately 110.18 thousand bpd of crude oil and condensate, 33 Mmcfd of natural gas and 3.59 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 8.18 Mmboe, comprised of 6.81 Mmbbl of crude oil & condensate, 4.09 bcf of natural gas reserves and 0.68 Mmbbl of natural gas liquid reserves.
About Wintershall Dea Norge
Wintershall Dea Norge AS (Wintershall Norge), a subsidiary of Wintershall Holding GmbH is an oil and gas company that offers exploration, extraction, development and production of crude oil and natural gas. The company offers services such as drilling, wells operations, commercial technology, procurement, exploration, production operations, field development, and business development programs. Its oil and gas exploration projects comprise Maria, Aasta Hansteen, Skarfjell, Asterix, Syrah, Polarled, Murchison, Ivar Aasen, and others. Wintershall Norge also provides operation of subsea field projects. The company operates through its licenses on the Norwegian Continental Shelf. It has its operations in Stavanger, Kassel and Bergen, Norway. Wintershall Norge 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.