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Friday, August 30, 2019

John Svedrup To Go Into Production Soon -- August 30, 2019

The John Svedrup oil play is followed here (also at the sidebar at the right).

From Reuters:
Norway’s Johan Sverdrup field could begin oil shipments in October, earlier than the scheduled November start, ...

... 11 cargoes in October ...

... implies that loadings from Johan Sverdrup, the largest North Sea discovery in more than three decades, will average around 226,000 barrels per day (bpd) in October.

Daily production from the field’s first phase is projected to reach peak output of 440,000 bpd of oil in summer 2020, and will likely rise to a peak of 660,000 bpd once the second phase comes on stream in late 2022 ...
226,000 / 11 = 20,000 bbls/loading.

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