Trine is a conventional oil development located in shallow water in Norway and is operated by Aker BP. Discovered in 1973, Trine lies in block 25/4P (PL 036) and 25/4P (PL 036 E), with water depth of around 397 feet.
The project is currently in feasibility stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2022.
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Field participation details
The field is owned by Lundin Energy, Petoro, Grupa Lotos and Aker BP.
Production from Trine
Production from the Trine conventional oil development project is expected to begin in 2025 and is forecast to peak in 2025, to approximately 9,468 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 9.41 Mmboe, comprised of 9.41 Mmbbl of crude oil & condensate.
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About Aker BP
Aker BP ASA (Aker BP) is an independent oil and gas exploration and production company. It mainly focuses on the Norwegian Continental Shelf (NCS). The company has a balanced portfolio of assets across the upstream value chain. Aker BP operates producing assets include Alvheim, Ivar Aasen, Skarv, Ula and Valhall among others. It also has participating interest in other producing assets such as Atla, Enoch and Gina Krog. The company is also a partner in a major developing project, Johan Sverdrup and has interest in additional exploration licenses. It has offices in Harstad, Sandnessjoen, Stavanger and Trondheim. Aker BP is headquartered in Lysaker, Norway.
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By GlobalDataMethodology
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.
