Draugen is the driving force

Draugen is undoubtedly the most important driving force in OKEA. Draugen yields the largest share of the approximately 20,000 barrels of oil equivalent of oil and gas being produced by the company. OKEA also has ownership interests in the Gjøa and Ivar Aasen fields.

Licence Name

Location

Ownership

Operator

Draugen Gjøa Ivar Aasen Grevling Yme

World-class

Draugen is a world-class field – and has been since first oil in 1993. Draugen contains significant remaining reserves which OKEA will produce, enabling production to continue beyond 2040. Draugen is operated by a highly skilled team which ensures high levels of production. OKEA assumed the operatorship for Draugen in 2018 as part of a major transaction entered into with Shell. Draugen is operated from our Kristiansund office.

Extend

OKEA will extend the originally planned lifetime of Draugen. We will find more recoverable resources in the area and maintain efficient operations. A number of efforts are being initiated to attain these goals. A key objective is to minimize the carbon footprint from production to the greatest extent possible.

Partners

OKEA has a 44.56 per cent ownership interest in the Draugen field. Partners are Petoro (47.9 per cent) and Neptune Energy (7.56 per cent).

Licences overview

Licence
Field
Status
Operator
Ownership
Licence
093
Field
Draugen
Status
Producing field
Operator
OKEA ASA
Ownership
44.56 %
Licence
093 B
Field
Draugen
Status
Producing field
Operator
OKEA ASA
Ownership
44.56 %
Licence
093 C
Field
Draugen
Status
Producing field
Operator
OKEA ASA
Ownership
44.56 %
Licence
093 D
Field
Draugen
Status
Producing field
Operator
OKEA ASA
Ownership
44.56 %
Licence
093 F
Field
Draugen
Status
Producing field
Operator
OKEA ASA
Ownership
44.56 %
Licence
158
Field
Draugen
Status
Producing field
Operator
OKEA ASA
Ownership
44.56 %
Licence
176
Field
Draugen
Status
Producing field
Operator
OKEA ASA
Ownership
44.56 %
Licence
153
Field
Gjøa
Status
Producing field
Operator
Neptune Energy Norge AS
Ownership
12 %
Licence
153 B
Field
Gjøa
Status
Producing field
Operator
Neptune Energy Norge AS
Ownership
12 %
Licence
153 C
Field
Gjøa
Status
Producing field
Operator
Neptune Energy Norge AS
Ownership
12 %
Licence
338 BS
Field
Ivar Aasen
Status
Producing field
Operator
Aker BP ASA
Ownership
20 %
Licence
914 S
Field
Ivar Aasen
Status
Producing field
Operator
Aker BP ASA
Ownership
0.554 %
Licence
316
Field
Yme
Status
Under development
Operator
Repsol Norge AS
Ownership
15 %
Licence
316 B
Field
Yme
Status
Under development
Operator
Repsol Norge AS
Ownership
15 %
Licence
038 D
Field
Grevling
Status
Planning phase
Operator
OKEA ASA
Ownership
35 %
Licence
974
Field
Storskrymten
Status
Planning phase
Operator
OKEA ASA
Ownership
60 %
Licence
910
Field
Status
Exploration phase
Operator
Repsol Norge AS
Ownership
16.667 %
Licence
973
Field
Status
Exploration phase
Operator
Chrysaor Norge AS
Ownership
30 %
Licence
973 B
Field
Status
Exploration phase
Operator
Chrysaor Norge AS
Ownership
30 %
Licence
958
Field
Status
Exploration phase
Operator
OKEA ASA
Ownership
50 %
Licence
1001
Field
Status
Exploration phase
Operator
ConocoPhillips Skandinavia AS
Ownership
20 %
Licence
1003
Field
Status
Exploration phase
Operator
OKEA ASA
Ownership
60 %
Licence
1003 B
Field
Status
Exploration phase
Operator
OKEA ASA
Ownership
60 %
Licence
1034
Field
Status
Exploration phase
Operator
Chrysaor Norge AS
Ownership
40 %
Licence
1060
Field
Status
Exploration phase
Operator
Equinor Energy AS
Ownership
40 %