Norton over Laverda is a producing conventional oil field located in deepwater in Australia and is operated by Woodside Energy Group. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block WA-59-L and WA-28-L, with water depth of 2,755 feet. Buy the profile here.
Field participation details
The field is owned by Mitsui and Woodside Energy Group.
Production from Norton over Laverda
The Norton over Laverda conventional oil field recovered 33.99% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 21.80 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 47.92 Mmboe, comprised of 47.92 Mmbbl of crude oil & condensate. Norton over Laverda conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About Woodside Energy Group
Woodside Energy Group Ltd (Woodside), formerly Woodside Petroleum Ltd, is an independent oil and gas company that explores, develops, produces, and supplies energy. It explores and produces oil and gas from a portfolio of facilities in association with some of the world’s major oil and gas companies. The company operates liquefied natural gas trains, offshore gas platforms, and oil floating production storage and offloading (FPSO) vessels. Woodside also operates a network of subsea and pipeline infrastructure in Australian waters. Woodside maintains international exploration assets in Oceania, Africa, Asia, the Americas and Europe. Woodside is headquartered in Perth, Western Australia, Australia.
For more details on the Norton over Laverda Conventional Oil Field, buy the profile here.