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November 25, 2021updated 26 Nov 2021 5:50am

Gina Krog Conventional Oil Field, Norway

By Carmen

Gina Krog is a producing conventional oil field located in shallow water in Norway and is operated by Equinor Energy. The field is located in block 15/5P (PL 048), 15/6P (PL 029 B), 15/6P (PL 029 C), 15/6P (PL 303), and 6607/12P (PL 127 C), with water depth of 390 feet.

An expansion project is associated with the Gina Krog, namely Gina Krog Infill Project. This project is currently in the feasibility stage.

Field participation details

The field is owned by Polskie Gornictwo Naftowe i Gazownictwo, Equinor and Kuwait Petroleum.


Production from Gina Krog

The Gina Krog conventional oil field recovered 50.06% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 32.08 thousand bpd of crude oil and condensate, 82 Mmcfd of natural gas and 6.54 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 56.63 Mmboe, comprised of 42.62 Mmbbl of crude oil & condensate, 26.28 bcf of natural gas reserves and 9.63 Mmbbl of natural gas liquid reserves. Gina Krog conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Gina Krog conventional oil field

Some of the key contractors involved in the Gina Krog project as follows.

Other Contractors: ABB and Aibel

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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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