![Johan Sverdrup Produces at Increased Plateau](/sites/default/files/styles/hart_news_article_image_640/public/image/2023/05/equinor-johan-sverdrup.png?itok=NuHIPBTr)
The Johan Sverdrup Field. (Source: Lizette Bertelsen & Jonny Engelsvoll/Equinor)
Equinor’s Johan Sverdrup Field in the Norwegian sector of the North Sea tested successfully at production rates of 755,000 bbl/d.
Equinor, the operator of the field, announced May 23 that the capacity test earlier in the week confirmed the field can produce at that rate – a record high for the field. Overall, the field produces 31,500 barrels of oil equivalent per day (boe/d) of gas.
Equinor and partners Aker BP, Petoro and TotalEnergies aim to maintain production levels of oil from the field “up toward this level” going forward, the operator said in a press release.
The field was initially expected to produce 720,000 bbl/d at plateau, according to Equinor.
“This process capacity test at Johan Sverdrup confirms technically very robust facilities,” Marianne Bjelland, Equinor’s vice president exploration and production for Johan Sverdrup, said in the press release.
Located in 110 m to 120 m water depth, the Johan Sverdrup Field holds 2.7 billion boe of reserves. Equinor said it is the third largest field on the Norwegian Continental Shelf (NCS). While the average recovery rate on the NCS is 47%, Equinor and its partners aim to recover 70% of reserves at Johan Sverdrup.
Phase One production began in October 2019, while Phase Two followed in December 2022.
When Phase Two began production, Equinor said it had been delivered on time and in line with the NOK 48 billion budget despite the COVID-19 pandemic. Phase Two included a new platform, five new subsea systems, 28 new wells, a new module for the existing riser platform, and facilities to send power from shore to the Utsira High area.
Recommended Reading
Developer Seeks Permit to Send US Gas to Mexico for LNG Exports
2024-05-22 - The project is the latest in a series of developments to convert U.S. gas into LNG and export it from Mexico's Atlantic and Pacific coasts to meet global demand.
Baker Hughes to Supply Compression Trains for Algerian Field
2024-05-23 - Baker Hughes will supply 20 compression trains, which are expected to boost gas production at Alergia’s Hassi R’ Mel gas field.
Post Oak, Genesis Park Sell Permian’s Layne Water Midstream
2024-07-10 - PE firms Post Oak Energy Capital and Genesis Park sold the Delaware Basin’s Layne Water Midstream to an undisclosed buyer.
Energy Transfer-Sunoco JV Forms Monster Permian Network
2024-07-17 - The joint venture between midstream operators Sunoco and Energy Transfer’s crude gathering in the Permian Basin should prove to be mutually beneficial, analysts say.
Summit Midstream Commences Tender Offer on Notes Due 2026
2024-07-17 - Summit Midstream also announced July 17 a proposed offering of $500 million in aggregate principal amount of new senior secured second lien notes due 2029.