Oseberg Øst is a producing conventional oil field located in shallow water 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 30/6P (PL 053), with water depth of 587 feet. Buy the profile here.
An expansion project is associated with the Oseberg Øst, namely the Oseberg Øst Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by ConocoPhillips, Equinor, Petoro and TotalEnergies.
Production from Oseberg Øst
The Oseberg Øst conventional oil field recovered 97.16% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 65.66 thousand bpd of crude oil and condensate. 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 4.31 Mmboe, comprised of 4.25 Mmbbl of crude oil & condensate and 0.39 bcf of natural gas reserves.
Contractors involved in the Oseberg Øst conventional oil field
Some of the key contractors involved in the Oseberg Øst project as follows.
Other Contractors: Baker Hughes, Aker Solutions, KCA Deutag Alpha and Siemens
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 Oseberg Øst 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.
