Johan Sverdrup
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The operator's aggressive decarbonization effort has put it on the fast track to produce nearly a third of its oil and gas from the Norwegian Continental Shelf using electricity generated by onshore hydroelectric plants. -
With its third capacity increase in 2 years of production, the third-largest oil field on the NCS is proving to be a powerhouse for Norway.
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Following positive results in a November capacity test, the Johan Sverdrup field is set to increase daily production capacity. -
One year after the Johan Sverdrup field came on stream, Equinor says digital technology has proven to be key to safety and value in all parts of the operation, increasing earnings by more than $200 million.
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The complete paper describes the development of the “digital field worker” at Johan Sverdrup, an initiative that has changed the approach toward not only construction and completion but also operations.
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Before the giant Johan Sverdrup field had produced even one barrel of oil, operator Equinor and its license partners set a recovery ambition of greater than 70% for the field.
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The amount of oil and gas resources approved for development last year surpassed 20 billion BOE, the highest level seen since 2011. Telltale signs have emerged that we are entering a new offshore investment cycle.
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Offshore facilities are typically powered from onsite gas turbines but efforts to become “carbon efficient” are pushing oil and gas companies toward an onshore alternative.
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Equinor, the operator of the Johan Sverdrup field, said that Mongstad will receive more than 30% of the total oil from the Norwegian Continental Shelf when the field is operating at full capacity.
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Phase 1 of the North Sea megaproject—Norway’s largest offshore development since the 1980s—has come on stream. Johan Sverdrup is expected to produce 660,000 BOPD at its peak.
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Lundin reports that the hookup and commissioning of installed facilities at the large North Sea field is progressing as planned. Phase 1 startup is still scheduled for November.
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The Norwegian operator will increase its ownership of the giant Johan Sverdrup field before the field commences oil production this November.
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