Gjøk is a conventional gas development 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, Gjøk was discovered in 2009, lies in block 6507/3P (PL 159 B), with water depth of around 1,243 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2023.
Field participation details
The field is owned by DNO, Equinor and Polskie Gornictwo Naftowe i Gazownictwo.
Production from Gjøk
Production from the Gjøk conventional gas development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 276 bpd of crude oil and condensate, 27 Mmcfd of natural gas and 1,703 bpd of natural gas liquids. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 13.30 Mmboe, comprised of 0.57 Mmbbl of crude oil & condensate, 55.24 bcf of natural gas reserves and 3.52 Mmbbl of natural gas liquid reserves.
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 Gjøk 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.
