Svalin is a producing conventional oil field located in shallow water in Norway and is operated by Equinor Energy. The field is located in block 25/11P (PL 169), with water depth of 410 feet.
Field participation details
The field is owned by Equinor, Eni, HitecVision and Petoro.
Production from Svalin
The Svalin conventional oil field recovered 55.07% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 33.77 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2091.
Remaining recoverable reserves
The field is expected to recover 38.35 Mmboe, comprised of 38.35 Mmbbl of crude oil & condensate. Svalin conventional oil field reserves accounts 0.01% 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.
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.