Magnus

Location and Geology

The Magnus oil field is situated in the northern North Sea, an area known for its rich oil and gas reserves.

Production History

• First oil production began in 1983.
• The field reached its production plateau of 150,000 barrels of oil per day (mstbod) and maintained this level until 1995.

Reservoir Management

• As the field matured, reservoir management became crucial to extend its life. Strategies included waterflooding for Enhanced Oil Recovery (EOR) and the development of new areas within the field.
• The combination of waterflooding and new area developments helped in optimizing the recovery of oil from the reservoir.

Field Development

• By the early 2000s, the field had transitioned from its plateau production phase. Efforts were focused on extending the field's life through efficient reservoir management practices.
• The development included selecting and implementing various techniques to maximize oil recovery and maintain production levels as the field aged.

Operational Efficiency

• Operators of the Magnus field have emphasized the importance of strategic solutions to add efficiency, flexibility, and responsibility to the energy operation. This aligns with broader industry trends towards sustainable and optimized energy production.

Current Status

• As of the last available detailed reports, the Magnus field was considered a mature field. However, continuous efforts in reservoir management and new area developments have helped in sustaining production levels beyond the initial expectations.

Significance

• The Magnus field is an example of how advanced reservoir management and EOR techniques can extend the life of an oil field, making it a valuable case study for the oil and gas industry.