Fossil Energy – Johan Sverdrup
At 11:15 hrs. today production started from Johan Sverdrup Phase 2.
When the Johan Sverdrup field reaches plateau production, every third Norwegian oil barrel will come from this giant field, which for decades will be essential to ensuring high and stable energy deliveries from Norway.
“The entire Johan Sverdrup field is now on stream. This is a red-letter day for us and our partners, Aker BP, Petoro and TotalEnergies, but also for Norway and Europe. Johan Sverdrup accounts for large and important energy deliveries, and in the current market situation, most of the volumes will go to Europe,” says Geir Tungesvik, Equinor’s executive vice president for Projects, Drilling & Procurement.
At plateau, the Johan Sverdrup field will produce 720,000 barrels of oil daily, aiming to rise to 755,000 barrels per day. Johan Sverdrup alone can thus meet 6-7 percent of the daily oil demand in Europe. Recoverable volumes in the Johan Sverdrup field total 2.7 billion barrels of oil equivalent.
The Johan Sverdrup Phase 2 project consists of 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. The Johan Sverdrup Phase 2 project was delivered as planned, on time and cost, despite the Covid-19 pandemic.