Equinor and its Johan Sverdrup partners have agreed to further production capacity increases from the North Sea field.
The field is now expected to deliver up to 535,000 b/d of oil by mid-2021, dependent on water-injection, which is planned for this year. The increase will be the third since the field came on stream in October 2019 (OGJ Online, Oct. 7, 2019; Nov. 18, 2020). Overall, the increase is some 100,000 bbl more than the original basis.
Plant capacity was tested in November 2020 to verify a possible production rise. Rates up to 535,000 b/d were tested.
Johan Sverdrup is the third largest oil field on the Norwegian continental shelf, with expected recoverable reserves of 2.7 billion boe. It is powered from shore with low CO2 emissions per bbl. In 2020 one barrel of oil produced at the field emitted below 0.2 kg CO2 – almost 100 times lower than the global average. Emissions during the field life are estimated at less than 0.7kg CO2 per produced bbl.
Equinor is operator (42.6%) with partners Lundin Energy Norway (20%), Petoro (17.36%), Aker BP (11.57%), and Total (8.44%).
