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December 6, 2021updated 27 Apr 2022 12:59pm

Norton over Laverda Conventional Oil Field, Australia

By Carmen

Norton over Laverda is a producing conventional oil field located in deepwater in Australia and is operated by Woodside Energy. The field is located in block WA-59-L and WA-28-L, with water depth of 6,562 feet.

Field participation details

The field is owned by Woodside Petroleum and Mitsui.


Production from Norton over Laverda

The Norton over Laverda conventional oil field recovered 25.47% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 21.8 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 54.27 Mmboe, comprised of 54.27 Mmbbl of crude oil & condensate. Norton over Laverda conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Woodside Energy

Woodside Energy Ltd (Woodside Energy) is a producer of oil and natural gas. It engages in development and production of hydrocarbon and hydrocarbon products. Woodside Energy is headquartered in Perth, Western Australia, Australia.

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.

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