
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
Summit Acquires Moonrise Midstream Assets to Alleviate D-J Constraints
2025-03-10 - A Summit Midstream Corp. (SMC) subsidiary will acquire Moonrise Midstream from Fundare Resources Co. in a cash-and-stock deal valued at $90 million.
Voyager Midstream Closes on Panola Pipeline Interest Deal
2025-03-19 - Pearl Energy Investments portfolio company Voyager Midstream Holdings has closed on its deal with Phillips 66 for its non-op interest in the Panola Pipeline.
Howard Energy Partners Closes on Deal to Buy Midship Interests
2025-02-13 - The Midship Pipeline takes natural gas from the SCOOP/STACK plays to the Gulf Coast to feed demand in the Southeast.
Vitol Boosts Upstream Presence in West Africa with $1.65B Deal
2025-03-19 - Vitol is acquiring oil and gas E&P assets in Cote d’Ivoire and the Republic of Congo from Eni for $1.65 billion.
Phillips 66 Buys EPIC’s Permian NGL Midstream Assets for $2.2B
2025-01-07 - Phillips 66 will buy EPIC’s NGL assets, including a 175,000 bbl/d pipeline that links production supplies in the Delaware and Midland basins and the Eagle Ford Shale to Gulf Coast fractionation complexes.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.