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.
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.