Snorre Unit

Status:
Producing field
Licenses:
PL057 and PL088
Blocks:
34/4 and 34/7
Partners:

Snorre Unit: Statoil (Op.) 33.27556%, Petoro 30.00000%, ExxonMobil 17.44596%, Idemitsu 9.60000%, RWE Dea 8.57108% and Core Energy 1.10740%

Main activity:
Production and infill drilling
More information:

Snorre is a large oil field located in the Tampen area of the northern North Sea. The field was discovered in 1979 with the first well drilled in block 34/4. The extension into block 34/7 was subsequently established in 1984.


The field has been developed with two floating platforms. Snorre A started production in 1992, whereas production from Snorre B commenced in 2001. Even though more than a billion barrels of oil have been produced and exported from the field through the neighbouring Statfjord facilities, Snorre is, according to reserves estimates from the Norwegian Petroleum Directorate, the second largest field on the NCS in terms of remaining oil reserves.


Production at Snorre commenced in 1992 and peaked in 2003 at more than 250,000 barrels of oil equivalent per day (boepd). Average production in 2013 was around 88,000 boepd. The increased oil recovery potential in Snorre is significant and could justify a high level of investments. The Snorre partners have decided to bring forward a Tension Leg Platform as concepts for extending field life until 2040 (Snorre 2040 project). The Snorre 2040 project is expected to have investment decision in 2016 and will add significant reserves to the field.


The estimated gross 2P reserves at year end 2013 on Snorre is 422 mmboe.

 

Map from NPD Website

Contact details

Visiting address:
Rosenkrantzgate 16, N-0160


Postal address:
P.O. Box 1489 Vika, N-0116 Oslo

Phone: +47 24 04 54 80

E-mail address: post@coreenergy.no