Yme Oil and Gas Field (Norway)

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Yme Oil and Gas Field is an operating oil and gas field in Norway.

Project Details

Main Data

Table 1: Field-level project details for Yme Oil and Gas Field

*Final Investment Decision

Unit name	Status	Operator	Owner	Discovery year	FID* year	Production start year
Yme	Operating	Repsol Norge AS	Repsol Norge AS (55.0%); PGNiG Upstream Norway AS (20.0%); OKEA ASA (15.0%); Lime Petroleum AS (10.0%)	1987	–	1996

Production and Reserves

Table 2: Reserves of Yme Oil and Gas Field

million m³ = million cubic meters

million bbl = million barrels of oil

Fuel Description	Reserve Classification	Quantity	Units	Data Year	Source
Condensate	original recoverable reserves	0	million bbl	2022
Condensate	remaining reserves	0	million bbl	2022
Gas	original recoverable reserves	0	million m³	2022
Gas	remaining reserves	0	million m³	2022
NGL	original recoverable reserves	0	million bbl	2020
NGL	remaining reserves	0	million bbl	2020
NGL	original recoverable reserves	0	million bbl	2022
NGL	remaining reserves	0	million bbl	2022
Oil	original recoverable reserves	108.18	million bbl	2022
Oil	remaining reserves	54.78	million bbl	2022
condensate	original recoverable reserves	0	million bbl	2020
condensate	remaining reserves	0	million bbl	2020
gas	original recoverable reserves	0	million m³	2020
gas	remaining reserves	0	million m³	2020
oil	original recoverable reserves	112.65	million bbl	2020
oil	remaining reserves	62.9	million bbl	2020

Table 3: Production from Yme Oil and Gas Field

million m³/y = million cubic meters per year

million bbl/y = million barrels of oil per year

million m³ = million cubic meters

million bbl = million barrels of oil

Category	Fuel Description	Quantity	Units	Data Year	Source
cumulative production	condensate	0	million bbl	2020
cumulative production	gas	0	million m³	2020
cumulative production	NGL	0	million bbl	2020
cumulative production	oil	49.73	million bbl	2020
cumulative production	gas	0	million m³	2021
cumulative production	gas	0	million m³	2022
cumulative production	oil	49.86	million bbl	2021
cumulative production	oil	53.2	million bbl	2022
cumulative production	NGL	0	million bbl	2021
cumulative production	NGL	0	million bbl	2022
cumulative production	Condensate	0	million bbl	2021
cumulative production	Condensate	0	million bbl	2022
production	gas	0	million m³/y	2021
production	gas	0	million m³/y	2022
production	oil	0.13	million bbl/y	2021
production	oil	3.34	million bbl/y	2022
production	NGL	0	million bbl/y	2021
production	NGL	0	million bbl/y	2022
production	Condensate	0	million bbl/y	2021
production	Condensate	0	million bbl/y	2022

Location

Table 4: field-level location details for Yme Oil and Gas Field

Location	Coordinates (WGS 84)
Offshore, Norway	57.8295, 4.527 (exact)

The map below shows the exact location of the field:

Loading map...

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Background

Yme was discovered in 1987, the plan for development and operation (PDO) was approved in 1995 and production started in 1996. Production first peaked in 1997 at 1.98 million standard cubic meters of oil equivalents. In 1998, it produced comparable amounts of oil to 1997, but then steadily decreased through 2001 when, according to the Norwegian Petroleum Directorate production "because operation of the field was no longer regarded as profitable."

A PDO for the redevelopment of YME approved in 2007. The 2007 development concept utilized as mobile offshore production unit (MOPU). By 2013, due to structural deficiencies and the vast amount of outstanding work to complete the MOPU, it was removed from Yme field. In 2018, a new PDO which aimed to reuse the nine wells pre-drilled in 2009-2010 and drill seven additional wells was approved.

In February 2020, Repsol, the field operator, announced production from the redeveloped field would be delayed until the latter half of 2020 as "preparations" were taking "longer than expected." An executive from Repsol's project partner added that they "definitely expect startup in the third quarter [of 2020]."

Due to the COVID-19 pandemic, the expected start of production was pushed back again. As of August 2020, Repsol reportedly aimed for production from the field will begin in third quarter 2021. LOTOS, another project partner, estimated production to begin the last quarter of 2021.

On January 4, 2021, Oil and Gas Journal reported that YME was in the "hook up, commissioning, and startup preparation phase."

Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.