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November 23, 2021

Ekofisk Conventional Oil Field, Norway

By Carmen

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.

Field participation details

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


Production from Ekofisk

The Ekofisk conventional oil field recovered 94.87% 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 2030. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 222.97 Mmboe, comprised of 191.99 Mmbbl of crude oil & condensate, 152.1 bcf of natural gas reserves and 5.63 Mmbbl of natural gas liquid reserves. Ekofisk conventional oil field reserves accounts 0.05% of total remaining reserves of producing conventional oil fields globally.


About ConocoPhillips Skandinavia

ConocoPhillips Skandinavia AS is an operator of oil and gas production licenses.

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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