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November 23, 2021

Eldfisk Conventional Oil Field, Norway

By Carmen

Eldfisk is a producing conventional oil field located in shallow water in Norway and is operated by ConocoPhillips Skandinavia. The field is located in block 2/7P (PL 018), with water depth of 249 feet.

An expansion project is associated with the Eldfisk, namely Eldfisk North. This project is currently in the approval stage, expected to start in 2023.

Field participation details

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


Production from Eldfisk

The Eldfisk conventional oil field recovered 84.84% of its total recoverable reserves, with peak production in 1980. The peak production was approximately 101.18 thousand bpd of crude oil and condensate, 145 Mmcfd of natural gas and 5.09 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 187.18 Mmboe, comprised of 166.19 Mmbbl of crude oil & condensate, 93.07 bcf of natural gas reserves and 5.49 Mmbbl of natural gas liquid reserves. Eldfisk conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Eldfisk conventional oil field

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

Other Contractors: A.P. Moller – Maersk, Aker Solutions and Thalassa Holdings

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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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