Njord 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 6407/7P (PL 107) and 6407/10P (PL 132), with water depth of 1,109 feet. Buy the profile here.
An expansion project is associated with the Njord, namely the Njord North West Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by BASF, Equinor, LetterOne Holdings and Neptune Energy Group.
Production from Njord
The Njord conventional oil field recovered 63.79% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 18.10 thousand bpd of crude oil and condensate, 257.00 Mmcfd of natural gas and 24.44 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.
Remaining recoverable reserves
The field is expected to recover 145.18 Mmboe, comprised of 28.71 Mmbbl of crude oil & condensate, 408.24 bcf of natural gas reserves and 48.42 Mmbbl of natural gas liquid reserves. Njord conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.
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 Njord Conventional Oil 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.
