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.

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The project is currently in feed stage and is expected to start commercial production in 2031. 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 2031 and is forecast to peak in 2034, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2056.

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, Island Drilling and IKM Holding

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.

This content was updated on 14 May 2024

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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.