Kristin is a producing conventional gas 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 6406/2P (PL 199) and 6506/11P (PL 134 D), with water depth of 1,246 feet. Buy the profile here.
An expansion project is associated with the Kristin, namely the Kristin Q . This project is currently in the construction stage, expected to start in 2024.
Field participation details
The field is owned by Eni, Equinor, HitecVision, Petoro and TotalEnergies.
Production from Kristin
The Kristin conventional gas field recovered 94.15% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 75.74 thousand bpd of crude oil and condensate, 381.00 Mmcfd of natural gas and 27.98 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.
Remaining recoverable reserves
The field is expected to recover 24.50 Mmboe, comprised of 4.68 Mmbbl of crude oil & condensate, 93.25 bcf of natural gas reserves and 4.28 Mmbbl of natural gas liquid reserves. Kristin conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Kristin conventional gas field
Some of the key contractors involved in the Kristin project as follows.
Main EPC: Aibel and TechnipFMC
Other Contractors: Schlumberger, Aker Solutions, Transocean, ClampOn and TechnipFMC
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 Kristin Conventional Gas Field, buy the profile here.