Gjøk is a conventional gas development located in deepwater in Norway and is operated by Equinor Energy. Discovered in 2009, Gjøk lies in block 6507/3P (PL 159 B), with water depth of around 1,243 feet.
The project is currently in feasibility stage and is expected to start commercial production in 2022. Final investment decision (FID) of the project will be approved in 2022.
Field participation details
The field is owned by Polskie Gornictwo Naftowe i Gazownictwo, DNO and Equinor.
Production from Gjøk
Production from the Gjøk conventional gas development project is expected to begin in 2022 and is forecast to peak in 2023, to approximately 276 bpd of crude oil and condensate, 27 Mmcfd of natural gas and 1,703 bpd of natural gas liquids. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2048.
Remaining recoverable reserves
The field is expected to recover 13.3 Mmboe, comprised of 0.57 Mmbbl of crude oil & condensate, 55.24 bcf of natural gas reserves and 3.52 Mmbbl of natural gas liquid reserves.
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.
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.