Aasta Hansteen is a producing conventional gas field located in deepwater in Norway and is operated by Equinor Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 6706/12P (PL 218), 6707/10P (PL 218), and 6707/10P (PL 218 B), with water depth of 4,303 feet. Buy the profile here.
Field participation details
The field is owned by BASF, ConocoPhillips, Equinor, LetterOne Holdings and OMV.
Production from Aasta Hansteen
The Aasta Hansteen conventional gas field recovered 48.26% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 2.97 thousand bpd of crude oil and condensate and 862.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 215.30 Mmboe, comprised of 2.24 Mmbbl of crude oil & condensate and 1,278.40 bcf of natural gas reserves. Aasta Hansteen conventional gas field reserves accounts 0.07% of total remaining reserves of producing conventional gas fields globally.
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.
For more details on the Aasta Hansteen Conventional Gas Field, buy the profile here.