As an innovative and responsible operator on the Norwegian continental shelf we have a strong track record of growth and delivery and a robust HSE performance.
Our production is set to double when the large Johan Sverdrup field in the North Sea starts production in late 2019 and beyond that we have a healthy long-term production profile with a pipeline of future growth opportunities.
Our strategy remains to focus on operational excellence alongside safe and sustainable practices while we continue to pursue an active organic growth strategy.
Extending plateau production and keeping facilities full
A majority of our production comes from our key operated Edvard Grieg asset on the Utsira High in the Norwegian North Sea. With the significant reserves upgrade for the field and further infill and tie-in opportunities, our ambition is to keep the Edvard Grieg facilities full for many years to come.
Continuous reserves growth
The Alvheim, Volund and Boyla fields in the Alvheim area in the central part of the North Sea are collectively our second largest production hub. The area delivers strong facilities and reservoir performance and infill drilling opportunities continue to be matured.
A world class project that will double our production
Discovered by Lundin Petroleum in 2010, the Johan Sverdrup field on the Utsira High is one of the largest oil discoveries ever made on the Norwegian Continental Shelf. With resources estimated to between 2.2–3.2 billion boe and a full field production capacity of 660 Mbopd, this field alone will lay the foundation for our strong production growth for the coming years.
Lundin Petroleum has grown to become one of the largest operated acreage holders in Norway and the most successful explorer over the past ten years.
With a diversified licence position on the Norwegian Continental Shelf and active drilling programmes, we will continue to find new resources and grow organically for years to come.