Statfjord 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 33/9P (PL 037) and 34/7P (PL 089), with water depth of 800 feet. Buy the profile here.
An expansion project is associated with the Statfjord Øst, namely the Statfjord Øst IOR Project. This project is currently in the approval stage, expected to start in 2023.
Field participation details
The field is owned by BASF, Eni, Equinor, HitecVision, Idemitsu Kosan, Inpex, LetterOne Holdings and Petoro.
Production from Statfjord Øst
The Statfjord Øst conventional oil field recovered 94.16% of its total recoverable reserves, with peak production in 1998. The peak production was approximately 72.94 thousand bpd of crude oil and condensate, 24.00 Mmcfd of natural gas and 2.24 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 17.60 Mmboe, comprised of 9.54 Mmbbl of crude oil & condensate, 36.09 bcf of natural gas reserves and 2.05 Mmbbl of natural gas liquid reserves.
Contractors involved in the Statfjord Øst conventional oil field
The key contractors involved in the Statfjord Øst project as follows.
Other Contractors: China National Offshore Oil
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 Statfjord 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.
