Kraka 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 5505/17 (Contiguous Area), with water depth of 148 feet.
Field participation details
The field is owned by TotalEnergies, Norwegian Energy and Nordsofonden.
Production from Kraka
The Kraka conventional oil field recovered 78.56% of its total recoverable reserves, with peak production in 1994. The peak production was approximately 8.45 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 10.87 Mmboe, comprised of 10.87 Mmbbl of crude oil & condensate.
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.