Njord is a producing conventional oil field located in deepwater in Norway and is operated by Equinor Energy. The field is located in block 6407/7P (PL 107) and 6407/10P (PL 132), with water depth of 1,109 feet.
An expansion project is associated with the Njord, namely Njord Future Project. This project is currently in the construction stage, expected to start in 2022.
Field participation details
The field is owned by LetterOne Holdings, BASF, Equinor and Neptune Energy Group.
Production from Njord
The Njord conventional oil field recovered 62.97% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 18.1 thousand bpd of crude oil and condensate, 257 Mmcfd of natural gas and 24.44 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.
Remaining recoverable reserves
The field is expected to recover 150.38 Mmboe, comprised of 29.82 Mmbbl of crude oil & condensate, 423.9 bcf of natural gas reserves and 49.91 Mmbbl of natural gas liquid reserves. Njord conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Njord conventional oil field
Some of the key contractors involved in the Njord project as follows.
Main EPC: Aibel
Other Contractors: AF Gruppen, Aker Solutions, Brevik Engineering, DOF and Eni
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.