Tor Redevelopment is a producing conventional oil field located in shallow water in Norway and is operated by ConocoPhillips Skandinavia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 2/4P (PL 018) and 2/5P (PL 006), with water depth of 223 feet. Buy the profile here.
Field participation details
The field is owned by ConocoPhillips, Eni, HitecVision, Petoro, Sval Energi and TotalEnergies.
Production from Tor Redevelopment
The Tor Redevelopment conventional oil field recovered 14.84% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 25.72 thousand bpd of crude oil and condensate, 11.00 Mmcfd of natural gas and 0.82 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 61.99 Mmboe, comprised of 56.32 Mmbbl of crude oil & condensate, 22.44 bcf of natural gas reserves and 1.93 Mmbbl of natural gas liquid reserves. Tor Redevelopment conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About ConocoPhillips Skandinavia
ConocoPhillips Skandinavia AS is an operator of oil and gas production licenses.
For more details on the Tor Redevelopment Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
