Wisting is a conventional oil development 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, Wisting was discovered in 2013, lies in block 7324/7P (PL 537) and 7324/8P (PL 537), with water depth of around 1,319 feet. Buy the profile here.
The project is currently in feed stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project will be approved in 2026. The development cost is expected to be $8,636 m. The Wisting conventional oil development will involve the drilling of approximately 34 wells and includes FPSO, subsea manifold, and subsea trees.
Field participation details
The field is owned by Aker BP, Equinor, Idemitsu Kosan, Inpex and Petoro.
Production from Wisting
Production from the Wisting conventional oil development project is expected to begin in 2027 and is forecast to peak in 2030, to approximately 119,289 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 437.36 Mmboe, comprised of 437.36 Mmbbl of crude oil & condensate.
Contractors involved in the Wisting conventional oil field
Some of the key contractors involved in the Wisting project as follows.
Design/FEED Engineering: Aker Solutions
EPC Contractors: Apply
Other Contractors: KBR, Aibel, Apply, IKM Holding and Island Drilling
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 Wisting 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.
