Oil production has started

Credit-Equinor_ASAEquinor-2018-10-09-johan-sverdrup_800

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.

Read more: Green light for giant field >>

 

 

Updated: 05/10/2019

Latest news

Drilling permit for well 6608/1-1 S
15/08/2022 The Norwegian Petroleum Directorate (NPD) has granted PGNiG Norway Upstream AS drilling permit for well 6608/1-1 S, cf. Section 13 of the Resource Management Regulations.
Oil and gas discovery northeast of the Skarv field in the Norwegian Sea – 6507/3-15
12/08/2022 Aker BP ASA, operator of production licence 941, has concluded the drilling of wildcat well 6507/3-15.
NPD to present new resource report
04/08/2022 On Thursday, 25 August, Kjersti Dahle Grov, Director of Technology, Analysis and Coexistence, will present the Resource Report 2022.
Drilling permit for well 6507/8-11 S
03/08/2022 The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS drilling permit for well 6507/8-11 S, cf. Section 13 of the Resource Management Regulations.
Dry well near the Brage field in the North Sea – 31/4-A-13 C
29/07/2022 Wintershall Dea Norge AS, operator of production licence 055, has concluded the drilling of wildcat well 31/4-A-13 C.
High level of activity on the Norwegian shelf in the first half of 2022
20/07/2022 50 years after the Storting (parliament) decided to establish the Norwegian Petroleum Directorate (NPD), there is still plenty of activity on the Norwegian shelf.
Production figures June 2022
20/07/2022 Preliminary production figures for June 2022 show an average daily production of 1 529 000 barrels of oil, NGL and condensate.
Drilling permit for well 31/1-3 S and 31/1-3 A
20/07/2022 The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS drilling permit for well 31/1-3 S and 31/1-3 A, cf. Section 13 of the Resource Management Regulations.
Gas discovery near the Skarv field in the Norwegian Sea – 6507/2-6
13/07/2022 Aker BP ASA, operator of production licence 261, has concluded the drilling of wildcat well 6507/2-6.
Dry well near the Fenja field in the Norwegian Sea – 6306/3-2
11/07/2022 ConocoPhillips Skandinavia AS, operator of production licence 935, has concluded the drilling of wildcat well 6306/3-2.