View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
April 28, 2022

Mjølner Conventional Oil Field, Norway

By Carmen

Mjølner is a conventional oil development located in shallow water in Norway and is operated by Others. Discovered in 1987, the field with water depth of around 230 feet.

The project is currently in feasibility stage and is expected to start commercial production in 2024.

Field participation details

The field is owned by Others.


Production from Mjølner

Production from the Mjølner conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 7,910 bpd of crude oil and condensate and 19 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2053.


Remaining recoverable reserves

The field is expected to recover 29.04 Mmboe, comprised of 20.75 Mmbbl of crude oil & condensate and 49.76 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology