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November 23, 2021

Halfdan North Conventional Oil Field, Denmark

By Carmen

Halfdan North is a conventional oil development located in shallow water in Denmark and is operated by Total E&P Denmark. Discovered in 2004, Halfdan North lies in block 5504/16 (Contiguous Area) and 5505/13 (Contiguous Area), with water depth of around 174 feet.

The project is currently in feasibility stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project will be approved in 2021. The Halfdan North conventional oil development will involve the drilling of approximately nine wells and includes wellhead platform.

Field participation details

The field is owned by Norwegian Energy, TotalEnergies and Nordsofonden.


Production from Halfdan North

Production from the Halfdan North conventional oil development project is expected to begin in 2024 and is forecast to peak in 2026, to approximately 9,606 bpd of crude oil and condensate and 25 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2056.


Remaining recoverable reserves

The field is expected to recover 39.78 Mmboe, comprised of 27.43 Mmbbl of crude oil & condensate and 74.1 bcf of natural gas reserves.


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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