View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 6, 2021updated 27 Apr 2022 12:51pm

Rolvsnes Conventional Oil Field, Norway

By Carmen

Rolvsnes is a producing conventional oil field located in shallow water in Norway and is operated by Lundin Energy Norway. The field is located in block 16/1P (PL 338 C), with water depth of 354 feet.

Field participation details

The field is owned by OMV and Lundin Energy.


Production from Rolvsnes

The Rolvsnes conventional oil field recovered 0.67% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 16.8 thousand bpd of crude oil and condensate, 25 Mmcfd of natural gas and 0.61 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055.


Remaining recoverable reserves

The field is expected to recover 43.68 Mmboe, comprised of 32.83 Mmbbl of crude oil & condensate, 47.3 bcf of natural gas reserves and 2.97 Mmbbl of natural gas liquid reserves. Rolvsnes conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Lundin Energy Norway

Lundin Energy Norway AS is an exploration company, and has developed further into an experienced developer and operating operator. The company is headquartered in Oslo, Norway.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology