Svalin 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 25/11P (PL 169), with water depth of 418 feet. Buy the profile here.
Field participation details
The field is owned by Eni, Equinor, HitecVision and Petoro.
Production from Svalin
The Svalin conventional oil field recovered 58.27% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 33.77 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2076.
Remaining recoverable reserves
The field is expected to recover 35.78 Mmboe, comprised of 35.78 Mmbbl of crude oil & condensate. Svalin conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
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 Svalin 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.
