Fogelberg is a conventional gas development located in shallow water in Norway and is operated by Sval Energi. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Fogelberg was discovered in 2010, lies in block 6506/9P (PL 433) and 6506/12P (PL 433), with water depth of around 987 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2025.
Field participation details
The field is owned by Hibiscus Petroleum, Others, Polskie Gornictwo Naftowe i Gazownictwo, Rex International Holding and Sval Energi.
Production from Fogelberg
Production from the Fogelberg conventional gas development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 1,105 bpd of crude oil and condensate, 65 Mmcfd of natural gas and 553 bpd of natural gas liquids. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2045.
Remaining recoverable reserves
The field is expected to recover 33.99 Mmboe, comprised of 2.78 Mmbbl of crude oil & condensate, 156.85 bcf of natural gas reserves and 5.07 Mmbbl of natural gas liquid reserves.
Contractors involved in the Fogelberg conventional gas field
Some of the key contractors involved in the Fogelberg project as follows.
Other Contractors: CHC Group, Det Norske Veritas, Future Technology, Island Drilling and IKM Holding
About Sval Energi
Sval Energi (Sval) is an oil and gas company that engaged in the exploration production services. Sval is headquartered in Stavanger, Norway.
For more details on the Fogelberg Conventional Gas 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.
