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April 29, 2022

Urd Conventional Oil Field, Norway

By Carmen

Urd is a producing conventional oil field located in deepwater in Norway and is operated by Equinor Energy. The field is located in block 6608/10P (PL 128), with water depth of 1,240 feet.

Field participation details

The field is owned by Equinor, Eni, HitecVision and Petoro.


Production from Urd

The Urd conventional oil field recovered 77.02% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 35.21 thousand bpd of crude oil and condensate, 7 Mmcfd of natural gas and 0.31 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2044.


Remaining recoverable reserves

The field is expected to recover 14.64 Mmboe, comprised of 14.64 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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