Norne 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 6608/10P (PL 128) and 6508/1P (PL 128 B), with water depth of 1,253 feet. Buy the profile here.
Field participation details
The field is owned by Eni, Equinor, HitecVision and Petoro.
Production from Norne
The Norne conventional oil field recovered 95.18% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 194.55 thousand bpd of crude oil and condensate, 105.00 Mmcfd of natural gas and 3.59 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 33.46 Mmboe, comprised of 4.98 Mmbbl of crude oil & condensate, 159.51 bcf of natural gas reserves and 1.90 Mmbbl of natural gas liquid reserves. Norne conventional oil field reserves accounts 0.01% 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 Norne Conventional Oil Field, buy the profile here.