Skjold is a producing conventional oil field located in shallow water in Denmark and is operated by Total E&P Denmark. The field is located in block 5504/7 (Contiguous Area) and 5504/16 (Contiguous Area), with water depth of 164 feet.
Field participation details
The field is owned by TotalEnergies, Norwegian Energy and Nordsofonden.
Production from Skjold
The Skjold conventional oil field recovered 95.03% of its total recoverable reserves, with peak production in 1991. The peak production was approximately 47.08 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031. The field currently accounts for approximately 7% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 16.13 Mmboe, comprised of 16.13 Mmbbl of crude oil & condensate.
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.