Johan Sverdrup produces at increased plateau
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This week a successful capacity test has been performed confirming that the field can produce up to 755,000 barrels of oil per day.
Johan Sverdrup facts
- Johan Sverdrup has reserves of 2.7 billion barrels of oil equivalents. Phase one opened in October 2019, phase two started producing in December 2022.
- The field is located in the area of Utsirahøyden in the North Sea, 160 kilometers west of Stavanger, at depths of 110-120 meters, covering an acreage of 200 square kilometers. It was originally expected to produce 660,000 barrels of oil per day at plateau, about a third of Norwegian oil production at the current level.
- The field is calculated to generate more than 3400 jobs each year, and the production from the field has already contributed significantly to the state through taxes and direct ownership, estimated in total at about 900 billion Norwegian kroner over the field’s lifespan.
- Johan Sverdrup produces at some of the lowest CO2 emissions of any oil field in the world, at 80-90 % lower than the global average.