The Norwegian shelf’s third largest oil field – measured in reserves – has started production. (Photo: Equinor)
05/10/2019
Nine years after the field was proven, production commenced on Saturday from the North Sea giant, Johan Sverdrup. 24/7, for the next 40 years, oil from this field will secure substantial revenues for Norway.
“It would take more than 50 years of exploration in this area before Johan Sverdrup was discovered. Our analyses showed that there were still significant undiscovered oil volumes in the North Sea. But the fact that so many resources were gathered in a single field came as a surprise to all of us.
“Johan Sverdrup is proof that looking at old available data with fresh new eyes and testing new ideas yields results. The oil saga on the Norwegian shelf is far from over, Johan Sverdrup is proof of that,” says Director General Bente Nyland.
Based on current forecasts, Johan Sverdrup will be responsible for more than one-quarter of total Norwegian oil production in 2023.
Johan Sverdrup is the third largest oil field on the Norwegian shelf – measured in reserves, after Ekofisk and Statfjord.
There is reason to celebrate today. Even so, Nyland reminds us that the real job starts now. While Johan Sverdrup contains vast volumes of oil, the Norwegian Petroleum Directorate will be watching carefully to make sure that all measures necessary to recover every profitable drop are implemented – as is required by the Petroleum Act,” says Nyland.
22/04/2024
Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.
17/04/2024
In June 2022, the Norwegian Offshore Directorate published data collected up to 2022. The Directorate is now releasing deep sea data gathered from 2022 to 2024.
17/04/2024
The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year.
17/04/2024
Vår Energi has made an oil discovery in "Ringhorne Nord" (wells 25/8-23 S and 25/8-23 A & B), north of the Ringhorne Øst field, 200 kilometres northwest of Stavanger.
03/04/2024
The Norwegian Offshore Directorate has granted Wintershall Dea Norge AS drilling permit for well 35/11-27 S in production licence 248, cf. Section 13 of the Resource Management Regulations.
26/03/2024
Seabed minerals represent a new and exciting opportunity for Norway, and a chance for us to be a pioneer nation – much like we have been within the oil and gas industry, both as regards stewardship of resources and development of technology.
25/03/2024
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for well 24/6-5 in production licence 203, cf. Section 13 of the Resource Management Regulations.
