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November 2, 2021

Breidablikk Conventional Oil Field, Norway

By Carmen

Breidablikk is a conventional oil development located in shallow water in Norway and is operated by Equinor Energy. Discovered in 1992, Breidablikk lies in block 25/8P (PL 169), 25/11P (PL 169 B1), and 25/11P (PL 169 B2), with water depth of around 426 feet.

The project is currently in construction stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2020. The development cost is expected to be $1,940 m. The Breidablikk conventional oil development will includes subsea manifold and subsea trees.

Field participation details

The field is owned by Equinor, Petoro, HitecVision and Eni.

 

 

Production from Breidablikk

Production from the Breidablikk conventional oil development project is expected to begin in 2024 and is forecast to peak in 2026, to approximately 75,480 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2063.

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Remaining recoverable reserves

The field is expected to recover 229.05 Mmboe, comprised of 229.05 Mmbbl of crude oil & condensate.

 

 

Contractors involved in the Breidablikk conventional oil field

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

Design/FEED Engineering: John Wood Group

Main EPC: John Wood Group and TechnipFMC

Other Contractors: Aker Solutions, H. Butting, Keppel, Mitsui and Nokia

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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