Kristin is a producing conventional gas field located in deepwater in Norway and is operated by Equinor Energy . The field is located in block 6406/2P (PL 199) and 6506/11P (PL 134 D), with water depth of 1,246 feet.
An expansion project is associated with the Kristin, namely Kristin Q . This project is currently in the construction stage, expected to start in 2024.
Production from Kristin
The Kristin conventional gas field recovered 93.00% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 75.74 thousand bpd of crude oil and condensate, 381 Mmcfd of natural gas and 27.98 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030.
Remaining recoverable reserves
The field is expected to recover 29.28 Mmboe, comprised of 6.72 Mmbbl of crude oil & condensate, 72.86 bcf of natural gas reserves and 10.42 Mmbbl of natural gas liquid reserves. Kristin conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Kristin conventional gas field
Some of the key contractors involved in the Kristin project as follows.
Main EPC: Aibel and TechnipFMC
Other Contractors: Aker Solutions, ClampOn and TechnipFMC
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.
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.