Ringhorne Øst is a producing conventional oil field located in shallow water in Norway and is operated by Var Energi. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 25/8P (PL 027) and 25/8P (PL 169 E), with water depth of 421 feet. Buy the profile here.
Field participation details
The field is owned by DNO, Eni, HitecVision and Mime Petroleum.
Production from Ringhorne Øst
The Ringhorne Øst conventional oil field recovered 94.38% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 34.09 thousand bpd of crude oil and condensate and 3.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033.
Remaining recoverable reserves
The field is expected to recover 5.05 Mmboe, comprised of 5.05 Mmbbl of crude oil & condensate.
About Var Energi
Var Energi ASA (Var Energi) is an oil and gas exploration and production company. It carries out the production and supply of crude oil and natural gas liquids (NGL). The company operates oil and gas fields, including Goliat, Marulk, Ringhorne, Jotun and Balder in the Norwegian Continental Shelf (NCS). Var Energi works in cooperation with Eni Trading & Shipping BV and Gassco AS to provide trading and transportation solutions for crude oil and NGL. The company has branch offices in Hammerfest and Oslo; Norway. Var Energi is headquartered in Sandnes, Stavanger, Norway.
For more details on the Ringhorne 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.
