Statfjord is a producing conventional oil field located in shallow water in the UK and is operated by Equinor UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 211/24b ALL, 211/25a AREA B – STATFJORD FIELD, and 211/25b ALL, with water depth of 545 feet. Buy the profile here.
Field participation details
The field is owned by Equinor.
Production from Statfjord
The Statfjord conventional oil field recovered 97.67% of its total recoverable reserves, with peak production in 1987. The peak production was approximately 228.94 thousand bpd of crude oil and condensate and 268.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035.
Remaining recoverable reserves
The field is expected to recover 37.90 Mmboe, comprised of 11.52 Mmbbl of crude oil & condensate and 158.22 bcf of natural gas reserves.
About Equinor UK
Equinor UK Ltd (Equinor), formerly Statoil (U.K.) Ltd is an oil and gas company that develops, markets and supplies natural gas and crude oil. It carries out offshore operations to develop various offshore wind technologies and projects. The company's activities include offshore wind, upstream operations, natural gas trading and crude oil sales. Statoil UK's wind projects include Sheringham Shoal wind farms, Dogger Bank offshore wind project, Hywind Scotland Pilot Park and Dudgeon wind farms. The company owns oil and gas properties in the UK continental shelf. It trades and markets gas to industrial customers across Europe. The company operates through its office located in Aberdeen, the UK. Equinor is a subsidiary of Statoil ASA and headquartered in London, the UK.
For more details on the Statfjord 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.
