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  1. Market Data
May 13, 2022

Sygna Conventional Oil Field, Norway

By Carmen

Sygna is a producing conventional oil field located in shallow water in Norway and is operated by Equinor Energy. The field is located in block 33/9P (PL 037) and 34/7P (PL 089), with water depth of 997 feet.

Field participation details

The field is owned by Stadtwerke Munchen, Inpex, Idemitsu Kosan, LetterOne Holdings, BASF, HitecVision, Centrica, Eni, Equinor and Petoro.


Production from Sygna

The Sygna conventional oil field recovered 97.46% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 43.91 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030.


Remaining recoverable reserves

The field is expected to recover 1.82 Mmboe, comprised of 1.82 Mmbbl of crude oil & condensate.


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.

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