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World Oil: Equinor sees Johan Sverdrup production ramp faster than expected


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World Oil: Equinor sees Johan Sverdrup production ramp faster than expected

Business

Category: Business News

OSLO – Equinor’s Johan Sverdrup field in the North Sea expects to reach plateau production for the first phase in early May, earlier than anticipated. Due to higher plant capacity, plateau production will increase from around 440,000 boepd to around 470,000 boepd.

Plateau production was previously expected to be reached during the summer. At the end of March, daily production had already exceeded 430,000 boepd.

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Source: World Oil