August 15, 2019

Equinor and its partners have announced first oil from the Mariner field in the UK North Sea. The field is expected to produce more than 300 million barrels of oil over the next 30 years.

Mariner, Equinor’s first operated field on the UKCS, is reported to have up to 3 billion barrels of oil in place. It is expected to produce annual average plateau rates of around 55,000 barrels of oil per day, and up to 70,000 bpd at peak production.

Gross investment in the development has totalled more than $7.7 billion, which will support more than 700 jobs and generate significant revenue in the supply chain for decades to come. Equinor states that contracts worth more than $1.3 billion have been awarded to UK suppliers since the project started. Read more…