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November 23, 2021

Heidrun Conventional Oil Field, Norway

By Carmen

Heidrun is a producing conventional oil field located in deepwater in Norway and is operated by Equinor Energy. The field is located in block 6507/7P (PL 095) and 6507/8P (PL 124), with water depth of 1,197 feet.

An expansion project is associated with the Heidrun, namely Heidrun Subsea Extention Phase 2. This project is currently in the feed stage.

Field participation details

The field is owned by Petoro, ConocoPhillips, Equinor, Eni and HitecVision.


Production from Heidrun

The Heidrun conventional oil field recovered 80.91% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 231.73 thousand bpd of crude oil and condensate and 32 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 280.55 Mmboe, comprised of 191.26 Mmbbl of crude oil & condensate, 470.84 bcf of natural gas reserves and 10.82 Mmbbl of natural gas liquid reserves. Heidrun conventional oil field reserves accounts 0.06% of total remaining reserves of producing conventional oil fields globally.


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.

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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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