Ekofisk is a producing conventional oil field located in shallow water in Norway and is operated by ConocoPhillips Skandinavia . The field is located in block 2/4P (PL 018), with water depth of 263 feet.
Production from Ekofisk
The Ekofisk conventional oil field recovered 95.47% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 296.77 thousand bpd of crude oil and condensate, 265 Mmcfd of natural gas and 10.42 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 197.24 Mmboe, comprised of 169.12 Mmbbl of crude oil & condensate, 138.22 bcf of natural gas reserves and 5.08 Mmbbl of natural gas liquid reserves. Ekofisk conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
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.