Snøhvit is a producing conventional gas 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 7120/8P (PL 064), 7120/7P (PL 077), 7120/5P (PL 110), 7120/6P (PL 097), 7120/9P (PL 078), 7121/4P (PL 099), 7121/7P (PL 100), and 7121/5P (PL 110), with water depth of 1,105 feet. Buy the profile here.
Two expansion projects are associated with the Snøhvit conventional gas field, namely the Snøhvit Future Phase 2 and the Askeladd Vest. The expansion projects are currently in the construction stage, targeting start-up during 2024 – 2030.
Field participation details
The field is owned by BASF, Equinor, LetterOne Holdings, Neptune Energy Group, Petoro and TotalEnergies.
Production from Snøhvit
The Snøhvit conventional gas field recovered 29.08% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 14.60 thousand bpd of crude oil and condensate, 366.00 Mmcfd of natural gas, 9.59 thousand bpd of natural gas liquids and 600 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2064. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,269.80 Mmboe, comprised of 83.01 Mmbbl of crude oil & condensate, 1,768.35 bcf of natural gas reserves, 4,975.45 bcf of liquid natural gas reserves and 62.82 Mmbbl of natural gas liquid reserves. Snøhvit conventional gas field reserves accounts 0.43% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Snøhvit conventional gas field
Some of the key contractors involved in the Snøhvit project as follows.
Design/FEED Engineering: Aibel
Main EPC: Aibel
EPC Contractors: TechnipFMC
Other Contractors: Aker Solutions, PGS, Nexans, Multiconsult and H. Butting
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 Snøhvit Conventional Gas Field, buy the profile here.