Skjold is a producing conventional oil field located in shallow water in Denmark and is operated by Total E&P Denmark. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 5504/7 (Contiguous Area) and 5504/16 (Contiguous Area), with water depth of 164 feet. Buy the profile here.
An expansion project is associated with the Skjold, namely the Skjold Gas Acceleration Project. This project is currently in the construction stage, expected to start in 2024.
Field participation details
The field is owned by BlueNord, Nordsofonden and TotalEnergies.
Production from Skjold
The Skjold conventional oil field recovered 89.32% of its total recoverable reserves, with peak production in 1991. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 8% of the country’s daily output.
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