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.
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.
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).