Gorm is a producing conventional oil field located in shallow water in Denmark and is operated by Total E&P Denmark. The field is located in block 5504/15 (Contiguous Area) and 5504/16 (Contiguous Area), with water depth of 141 feet.
Field participation details
The field is owned by TotalEnergies, Norwegian Energy and Nordsofonden.
Production from Gorm
The Gorm conventional oil field recovered 99.42% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 58.28 thousand bpd of crude oil and condensate and 55 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2023. The field currently accounts for approximately 5% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2.91 Mmboe, comprised of 2.63 Mmbbl of crude oil & condensate and 1.72 bcf of natural gas reserves.
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.