Snorre is a producing conventional oil field located in deepwater in Norway and is operated by Equinor Energy. The field is located in block 34/4P (PL 057) and 34/7P (PL 089), with water depth of 1,252 feet.
Field participation details
The field is owned by Petoro, Equinor, LetterOne Holdings, BASF, HitecVision, Idemitsu Kosan, Inpex and Eni.
Production from Snorre
The Snorre conventional oil field recovered 78.94% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 234.17 thousand bpd of crude oil and condensate, 39 Mmcfd of natural gas and 11.48 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 412.73 Mmboe, comprised of 412.73 Mmbbl of crude oil & condensate. Snorre conventional oil field reserves accounts 0.09% of total remaining reserves of producing conventional oil 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.
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.