Urd

Location

The Urd Oil and Gas Field is located offshore in Norway, with precise coordinates of 66.0698, 8.2257 (WGS 84).

Project Details

Operator and Ownership

The field is operated by Equinor Energy AS. The ownership is distributed among:

• Equinor Energy AS: 63.95%
• Petoro AS: 24.55%
• Vår Energi AS: 11.5%.

Discovery and Production

• Discovery Year: 2000
• Production Start Year: 2005
• There is no specified Final Investment Decision (FID) year listed.

Production and Reserves

Original Recoverable Reserves

As of 2020:

• Oil: 53.84 million barrels
• Gas: 290 million cubic meters
• Condensate: 0 million barrels.

Remaining Reserves

As of 2020:

• Oil: 7.93 million barrels
• Gas: 0 million cubic meters
• Condensate: 0 million barrels.

Cumulative Production

As of the respective years:

• Oil:
  • 2020: 45.85 million barrels
  • 2021: 46.97 million barrels
  • 2022: 48.51 million barrels
• Gas:
  • 2020: 287.06 million cubic meters
  • 2021 and 2022: Same as 2020, indicating no additional gas production in these years.
• NGL (Natural Gas Liquids):
  • 2020, 2021, and 2022: 0.42 million barrels
• Condensate: 0 million barrels for all years.

Annual Production

As of the respective years:

• Oil:
  • 2020: 0.81 million barrels per year
  • 2021: 1.14 million barrels per year
  • 2022: 1.54 million barrels per year
• Gas:
  • 2020 and 2021: 0 million cubic meters per year
  • 2022: 0.0 million cubic meters per year
• NGL: 0 million barrels per year for all years
• Condensate: 0 million barrels per year for all years.

Status

The Urd Oil and Gas Field is currently in an operating status.