Fram is a producing conventional oil 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 35/11P (PL 090) and 31/2P (PL 090 E), with water depth of 1,184 feet. Buy the profile here.
An expansion project is associated with the Fram, namely the Fram South. This project is currently in the feasibility stage.
Production from Fram
The Fram conventional oil field recovered 60.56% of its total recoverable reserves, with peak production in 2009. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062. The field currently accounts for approximately 1% of the country’s daily output.
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 Fram Conventional Oil Field, buy the profile here.