Snøhvit is a producing conventional gas field located in deepwater in Norway and is operated by Equinor Energy. The field is located in block 7120/8P (PL 064), 7120/7P (PL 077), 7120/5P (PL 110), 7120/6P (PL 097), 7120/9P (PL 078), 7121/4P (PL 099), 7121/7P (PL 100), and 7121/5P (PL 110), with water depth of 1,105 feet.
Field participation details
The field is owned by TotalEnergies, Neptune Energy Group, BASF, LetterOne Holdings, Equinor and Petoro.
Production from Snøhvit
The Snøhvit conventional gas field recovered 32.26% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 15.19 thousand bpd of crude oil and condensate, 9.99 thousand bpd of natural gas liquids and 624 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2059.
Remaining recoverable reserves
The field is expected to recover 989.54 Mmboe, comprised of 85.62 Mmbbl of crude oil & condensate, 5,036 bcf of liquid natural gas reserves and 64.58 Mmbbl of natural gas liquid reserves. Snøhvit conventional gas field reserves accounts 0.34% of total remaining reserves of producing conventional gas fields globally.
About Equinor Energy
Equinor Energy AS (Equinor Energy) is a wholly-owned subsidiary of Equinor ASA. The company provides oil and gas exploration and production services. It extracts, refines, and transports natural gas, crude oil, and wind power for manufacturing of synthetic fabrics, plastics, asphalt, cosmetics, and medicines. Equinor Energy is headquartered in Stavanger, 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.