Johan Sverdrup oil field listed as Norway’s largest oil discovery

The Johan Sverdrup oil field, west of Stavanger, Norway, has been listed as the largest Norwegian oil discovery since the beginning of the Millennium.

According to the Norwegian Petroleum Directorate, the Johan Sverdrup oil field contains 1,761 million barrels of oil equivalents – the Norwegian Petroleum Directorate’s calculation of the size of Johan Sverdrup excludes the oil discovery at Geitungen prospect.

Norway’s leading technical journal, Teknisk Ukeblad, stated that the Geitungen prospect consists of up to 270 million barrels of oil, and is most likely linked to the enormous find at Johan Sverdrup.

Sissel Eriksen, Director at the Norwegian Petroleum Directorate, explains, “This find is unbelievably important. Johan Sverdrup will play a huge part in maintaining Norwegian oil production for several years in a more significant manner than other discoveries.”

Eriksen followed by stating, “Such vast finds in mature parts of the Norwegian Continental Shelf strengthens the belief that there is more to be found. It raises interest towards both the North Sea and the Norwegian Continental Shelf itself.”

The largest oil discoveries made in the period 2000 – 2011

1. 16/2-6 Johan Sverdrup (2010), 1761 million barrels of oil equivalents

2. 7220/8-1 Skrugard (2011), 241 million barrels of oil equivalents

3. 7122/7-1 Goliat (2000), 175 million barrels of oil equivalents

4. 16/1-8 on the Edvard Grieg field (2007), 161 million barrels of oil equivalents

5. 6406/3-8 Maria (2010), 132 million barrels of oil equivalents

6. 34/4-11 (2010), 125 million barrels of oil equivalents

7. 25/8-14 S, on the Ringehorne Øst field (2003), 87 million barrels of oil equivalents

8. 16/1-9 Draupne (2008), 84 million barrels of oil equivalents

9. 6608/10-14 S Skuld (2010), 67 million barrels of oil equivalents

10. 25/4-9 S Vilje (2003), 64 million barrels of oil equivalents

Source: TUjobs.com