Veslefrikk is a producing conventional oil field located in shallow water in Norway and is operated by Equinor Energy. The field is located in block 30/3P (PL 052) and 30/6P (PL 053), with water depth of 610 feet.
Field participation details
The field is owned by Repsol, Petoro, BASF, Equinor and LetterOne Holdings.
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Production from Veslefrikk
The Veslefrikk conventional oil field recovered 99.48% of its total recoverable reserves, with peak production in 1995. The peak production was approximately 76.77 thousand bpd of crude oil and condensate, 39 Mmcfd of natural gas and 4.42 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2023.
Remaining recoverable reserves
The field is expected to recover 2.05 Mmboe, comprised of 0.61 Mmbbl of crude oil & condensate, 5.68 bcf of natural gas reserves and 0.49 Mmbbl of natural gas liquid reserves.
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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