Norwegian state-controlled Equinor has started gas and crude production from the second phase of its giant Johan Sverdrup field in the country's North Sea as planned.
The entire field is now on stream, Equinor said today.
Johan Sverdrup is primarily an oil-producing field. Gas sales from the field averaged 2.85mn m³/d in the 2021-22 gas year, or a cumulative 1.04bn m³.
Gas from Johan Sverdrup goes to Norway's 97.6mn m³/d Karsto processing plant, from where it can be sent to the UK or the EU.
Johan Sverdrup has 2.7bn bl of oil equivalent (boe) in recoverable volumes, according to Equinor, which operates the field with a 42.6pc stake. Lundin Energy holds 20pc, state-owned Petoro 17.4pc, independent Aker BP 11.6pc and TotalEnergies 8.4pc.
The entire field development has a breakeven price of less than $15/bl, Equinor said.
