Yme Redevelopment is a producing conventional oil field located in shallow water in Norway and is operated by Repsol Norge. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 9/2P (PL 316), 9/5P (PL 316), and 9/1P (PL 316 B), with water depth of 325 feet. Buy the profile here.
Field participation details
The field is owned by Hibiscus Petroleum, Okea, Others, Polski Koncern Naftowy Orlen, Repsol and Rex International Holding.
Production from Yme Redevelopment
The Yme Redevelopment conventional oil field recovered 4.67% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 26.47 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042.
Remaining recoverable reserves
The field is expected to recover 71.78 Mmboe, comprised of 71.78 Mmbbl of crude oil & condensate. Yme Redevelopment conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
About Repsol Norge
Repsol Norge AS, is an energy and oil refinery company that carries out the exploration, development, production, processing and transportation of crude oil and natural gas. The company is headquartered in Stavanger, Norway.
For more details on the Yme Redevelopment 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.
