Knarr is a producing conventional oil field located in deepwater in Norway and is operated by A/S Norske Shell. The field is located in block 34/3P (PL 373 S), with water depth of 1,351 feet.
Field participation details
The field is owned by Idemitsu Kosan, LetterOne Holdings, Inpex, BASF and Shell.
Production from Knarr
The Knarr conventional oil field recovered 88.43% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 45.81 thousand bpd of crude oil and condensate, 14 Mmcfd of natural gas and 8.27 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.
Remaining recoverable reserves
The field is expected to recover 9.23 Mmboe, comprised of 8.24 Mmbbl of crude oil & condensate, 1.52 bcf of natural gas reserves and 0.73 Mmbbl of natural gas liquid reserves.
About A/S Norske Shell
A/S Norske Shell is engaged in the exploration, production and marketing of oil and petrochemical products, including gas and gasoline.
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.
