Breidablikk is a conventional oil development located in shallow water 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, Breidablikk was discovered in 1992, lies in block 25/8P (PL 169), 25/11P (PL 169 B1), and 25/11P (PL 169 B2), with water depth of around 426 feet. Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2020. The development cost is expected to be $1,940 m. The Breidablikk conventional oil development will includes subsea manifold and subsea trees.
Field participation details
The field is owned by ConocoPhillips, Eni, Equinor, HitecVision and Petoro.
Production from Breidablikk
Production from the Breidablikk conventional oil development project is expected to begin in 2024 and is forecast to peak in 2026, to approximately 75,480 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2062.
Remaining recoverable reserves
The field is expected to recover 228.69 Mmboe, comprised of 228.69 Mmbbl of crude oil & condensate.
Contractors involved in the Breidablikk conventional oil field
Some of the key contractors involved in the Breidablikk project as follows.
Design/FEED Engineering: John Wood Group
Main EPC: John Wood Group and TechnipFMC
Other Contractors: Aker Solutions, Mitsui, Keppel, Nokia and H. Butting
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 Breidablikk Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
