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  1. Market Data
May 13, 2022

Skogul Conventional Oil Field, Norway

By Carmen

Skogul is a producing conventional oil field located in shallow water in Norway and is operated by Aker BP. The field is located in block 25/1P (PL 460), with water depth of 364 feet.

Field participation details

The field is owned by Polskie Gornictwo Naftowe i Gazownictwo and Aker BP.


Production from Skogul

The Skogul conventional oil field recovered 48.64% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 9.74 thousand bpd of crude oil and condensate and 5 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2044.


Remaining recoverable reserves

The field is expected to recover 7.16 Mmboe, comprised of 6.51 Mmbbl of crude oil & condensate and 3.93 bcf of natural gas reserves.


About Aker BP

Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. It mainly focuses on the Norwegian Continental Shelf (NCS). The company has a balanced portfolio of assets across the upstream value chain. Aker BP operates producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. It also has participating interest in other producing assets such as Atla, Enoch and Gina Krog. The company is also a partner in a major developing project, Johan Sverdrup and has interest in additional exploration licenses. It has offices in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, 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.

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