Statfjord is a producing conventional oil field located in shallow water in the UK and is operated by Spirit Energy Resources. The field is located in block 211/24b ALL, 211/25a AREA B – STATFJORD FIELD, and 211/25b ALL, with water depth of 545 feet.

Field participation details

The field is owned by Centrica and Stadtwerke Munchen.


Production from Statfjord

The Statfjord conventional oil field recovered 97.29% of its total recoverable reserves, with peak production in 1987. The peak production was approximately 114.47 thousand bpd of crude oil and condensate and 134 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035.


Remaining recoverable reserves

The field is expected to recover 22.05 Mmboe, comprised of 6.86 Mmbbl of crude oil & condensate and 91.15 bcf of natural gas reserves.


About Spirit Energy Resources

Spirit Energy Resources Ltd is an energy company that carries out the exploration, development, production, processing and transportation of crude petroleum and natural gas. The company is headquartered in Surrey, the UK.

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.