Peon is a conventional gas development 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, Peon was discovered in 2005, lies in block 35/2P (PL 318), 35/1P (PL 269), and 6203/10P (PL 318 C), with water depth of around 1,260 feet. Buy the profile here.

Smarter leaders trust GlobalData

Report-cover

Premium Insights Peon Upstream Project

Buy the Profile

Premium Insights

The gold standard of business intelligence.

Find out more

The project is currently in feed stage and is expected to start commercial production in 2026.

Field participation details

The field is owned by Equinor, Idemitsu Kosan, Inpex and Petoro.

Production from Peon

Production from the Peon conventional gas development project is expected to begin in 2026 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2062.

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 Peon Conventional Gas Field, buy the profile here.

This content was updated on 7 February 2024

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

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.