Balder Oil and Gas Field (Norway)
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Balder Oil and Gas Field is an operating oil and gas field in Norway.
Project Details
Main Data
Table 1: Field-level project details for Balder Oil and Gas Field
| Unit name | Status | Operator | Owner | Discovery year | FID* year | Production start year |
|---|---|---|---|---|---|---|
| Balder | Operating[1] | Vår Energi AS[1] | Vår Energi AS (90.0%); Mime Petroleum AS (10.0%)[2] | 1967[1] | – | 1991[1] |
Production and Reserves
Table 2: Reserves of Balder Oil and Gas Field
| Fuel Description | Reserve Classification | Quantity | Units | Data Year | Source |
|---|---|---|---|---|---|
| Condensate | original recoverable reserves | 0 | million bbl | 2022 | [3] |
| Condensate | remaining reserves | 0 | million bbl | 2022 | [3] |
| Gas | original recoverable reserves | 2800 | million m³ | 2022 | [3] |
| Gas | remaining reserves | 850 | million m³ | 2022 | [3] |
| NGL | original recoverable reserves | 0 | million bbl | 2020 | [3] |
| NGL | remaining reserves | 0 | million bbl | 2020 | [3] |
| NGL | original recoverable reserves | 0 | million bbl | 2022 | [3] |
| NGL | remaining reserves | 0 | million bbl | 2022 | [3] |
| Oil | original recoverable reserves | 646.59 | million bbl | 2022 | [3] |
| Oil | remaining reserves | 182.34 | million bbl | 2022 | [3] |
| condensate | original recoverable reserves | 0 | million bbl | 2020 | [3] |
| condensate | remaining reserves | 0 | million bbl | 2020 | [3] |
| gas | original recoverable reserves | 3080 | million m³ | 2020 | [3] |
| gas | remaining reserves | 1120 | million m³ | 2020 | [3] |
| oil | original recoverable reserves | 670.43 | million bbl | 2020 | [3] |
| oil | remaining reserves | 220.08 | million bbl | 2020 | [3] |
Table 3: Production from Balder Oil and Gas Field
| Category | Fuel Description | Quantity | Units | Data Year | Source |
|---|---|---|---|---|---|
| cumulative production | condensate | 0 | million bbl | 2020 | [4] |
| cumulative production | gas | 1786.68 | million m³ | 2020 | [4] |
| cumulative production | NGL | 0 | million bbl | 2020 | [4] |
| cumulative production | oil | 451.0 | million bbl | 2020 | [4] |
| cumulative production | gas | 1786.68 | million m³ | 2021 | [4] |
| cumulative production | gas | 1786.68 | million m³ | 2022 | [4] |
| cumulative production | oil | 458.37 | million bbl | 2021 | [4] |
| cumulative production | oil | 464.6 | million bbl | 2022 | [4] |
| cumulative production | NGL | 0 | million bbl | 2021 | [4] |
| cumulative production | NGL | 0 | million bbl | 2022 | [4] |
| cumulative production | Condensate | 0 | million bbl | 2021 | [4] |
| cumulative production | Condensate | 0 | million bbl | 2022 | [4] |
| production | condensate | 0 | million bbl/y | 2020 | [4] |
| production | gas | 3.94 | million m³/y | 2020 | [4] |
| production | NGL | 0 | million bbl/y | 2020 | [4] |
| production | oil | 6.66 | million bbl/y | 2020 | [4] |
| production | gas | 0 | million m³/y | 2021 | [4] |
| production | gas | 0 | million m³/y | 2022 | [4] |
| production | oil | 7.36 | million bbl/y | 2021 | [4] |
| production | oil | 6.24 | million bbl/y | 2022 | [4] |
| production | NGL | 0 | million bbl/y | 2021 | [4] |
| production | NGL | 0 | million bbl/y | 2022 | [4] |
| production | Condensate | 0 | million bbl/y | 2021 | [4] |
| production | Condensate | 0 | million bbl/y | 2022 | [4] |
Location
Table 4: field-level location details for Balder Oil and Gas Field
| Location | Coordinates (WGS 84) |
|---|---|
| Offshore, Norway[1] | 59.2258, 2.4131 (exact)[1] |
The map below shows the exact location of the field:
Background
Balder was discovered in 1967 and its plan for development and operation (PDO) was approved in 1996. It began producing oil in October 1999. Production from the field peaked in 2005 at around 7 million standard cubic meters of oil. According to the Norwegian Petroleum Directorate (NPD), "the field is now in the tail phase."
The Ringhorne deposit, including Ringhorne Øst and Ringhorne Jura, is included in the Balder complex. The Ringhorne deposit is located about nine kilometers north of Balder. The most recent PDO specifically for Ringhorne was approved in 2007.[5]
Oil is transported from Balder by tankers. Gas is transported via the Statpipe system to Kårstø and from there on to continental Europe.[5]
The Balder Future project
In December 2019, a revised PDO for the Balder complex was submitted to the Swedish authorities including a plan to extend the lifetime of Balder.[5] According to Vår Energi, the field operator, the extension plan (called the "Balder Future project" and "Balder X Project"[6]) aims to extract an additional 136 million barrels of oil equivalent (mboe) by extending production until 2045. Vår Energi states the project includes the drilling of 13 new production wells at a cost of NOK 19.6 billion (2.2 billion USD) aiming to start-up in the summer of 2021.[7]
Articles and Resources
Additional data
To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Map Services - Field outlines". Norwegian Petroleum Directorate. Archived from the original on March 17, 2021. Retrieved March 8, 2021.
- ↑ "Factpages: Table – Licensees". Norwegian Petroleum Directorate. Archived from the original on March 17, 2021. Retrieved March 8, 2021.
- ↑ 3.00 3.01 3.02 3.03 3.04 3.05 3.06 3.07 3.08 3.09 3.10 3.11 3.12 3.13 3.14 3.15 Norwegian Petroleum Directorate (2023). "Table – Reserves". Norwegian Petroleum Directorate. Archived from the original on May 18th, 2023. Retrieved May 15, 2023.
{{cite web}}: Check date values in:|archive-date=(help) - ↑ 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 4.10 4.11 4.12 4.13 4.14 4.15 4.16 4.17 4.18 4.19 4.20 4.21 4.22 4.23 "Production - Saleable - Yearly - by field". Norwegian Petroleum Directorate. 2021. Archived from the original on March 7, 2021. Retrieved March 7, 2021.
- ↑ 5.0 5.1 5.2 "Field: BALDER". Norwegianpetroleum.no. Retrieved 2021-02-04.
- ↑ "Balder X Project, Norway - Balder and Ringhorne fields redevelopment". Retrieved 2021-02-04.
- ↑ "All you need to know about the Balder Future project - Vår Energi". Vår Energi. Retrieved 2021-02-04.
