Asset Report
Johan Sverdrup
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The giant Johan Sverdrup oil field is located in the Central North Sea in the Utsira High play. Johan Sverdrup is the third largest oil discovery on the NCS and was the country's largest FID in over 30 years by resource. The field is also one of the lowest emitters on the NCS because it is fully electrified with power from shore. The field was brought onstream in 2019 and is being developed in phases. The field achieved peak production in 2024.
Table of contents
- Summary
-
Key Issues
- Production plateau maintained in 2024
- Phase 3 start-up expected in Q4 2027
- Improved reserve recovery upside
- Redetermination process triggered
- Exploration potential
- Electrification programme has made it a world-class low emissions leader
- Unitisation
- Historical exploration
- In place volumes
- Reserves
- Recovery factors
-
Emissions
- Phase 1
- Phase 2
- Phase 3
- Drilling
- Recovery strategy
- Electrification
- Seismic
- Contracts Awarded
-
Capital Costs
- Phase 1 Capex
- Phase 2 Capex
- Phase 3 Capex
- Decommissioning
-
Operating Costs
- Transportation costs
- Power costs
- Emissions costs
- 5 more item(s)...
Tables and charts
This report includes the following images and tables:
- Participation
- Field characteristics
- Reserves (2P) at 01/01/2026
- Production (2019-2028)
- Production Profile
- Pipeline summary
- Capital Costs 2056 to 2062 (NKr million)
- Cash Flow (US$)
- PV Table (US$)
- 17 more item(s)...
What's included
This report contains:
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