Visund is a producing conventional oil 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 34/8P (PL 120), with water depth of 1,328 feet. Buy the profile here.
Field participation details
The field is owned by ConocoPhillips, Equinor, Petoro and Repsol.
Production from Visund
The Visund conventional oil field recovered 70.12% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 17.55 thousand bpd of crude oil and condensate, 532.00 Mmcfd of natural gas and 10.11 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2044. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 214.60 Mmboe, comprised of 25.47 Mmbbl of crude oil & condensate, 896.61 bcf of natural gas reserves and 39.69 Mmbbl of natural gas liquid reserves. Visund conventional oil field reserves accounts 0.05% 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 Visund Conventional Oil Field, buy the profile here.