Goliat is a producing conventional oil field located in deepwater in Norway and is operated by Var Energi. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 7122/7P (PL 229), 7122/11P (PL 229 B), 7122/8P (PL 229), and 7122/10P (PL 229), with water depth of 1,292 feet. Buy the profile here.

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Field participation details

The field is owned by Eni, Equinor and HitecVision.

Production from Goliat

The Goliat conventional oil field recovered 65.12% of its total recoverable reserves, with peak production in 2018. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035. The field currently accounts for approximately 1% of the country’s daily output.

About Var Energi

Var Energi ASA (Var Energi) is an oil and gas exploration and production company. It carries out the production and supply of crude oil and natural gas liquids (NGL). The company operates oil and gas fields, including Goliat, Marulk, Ringhorne, Jotun and Balder in the Norwegian Continental Shelf (NCS). Var Energi works in cooperation with Eni Trading & Shipping BV and Gassco AS to provide trading and transportation solutions for crude oil and NGL. The company operates in Hammerfest and Oslo; Norway. Var Energi is headquartered in Sandnes, Stavanger, Norway.

For more details on the Goliat Conventional Oil Field, buy the profile here.

This content was updated on 7 February 2024

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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.