Edvard Grieg is a producing conventional oil field located in shallow water in Norway and is operated by Aker BP. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 16/1P (PL 338), with water depth of 364 feet. Buy the profile here.
Field participation details
The field is owned by Aker BP, BASF, LetterOne Holdings and OMV.
Production from Edvard Grieg
The Edvard Grieg conventional oil field recovered 70.49% of its total recoverable reserves, with peak production in 2021. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 3% of the country’s daily output.
About Aker BP
Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. Its exploration, development and production activities on the Norwegian Continental Shelf (NCS). The company has a balanced portfolio of assets across the upstream value chain. Aker BP operates producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. It also includes in producing assets such as Atla, Enoch and Gina Krog. The company is also a partner in a major developing project, Johan Sverdrup and has interest in additional exploration licenses. It has operations in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, Norway.
For more details on the Edvard Grieg Conventional Oil Field, buy the profile here.