Equinor’s New Arctic Field Reaches Peak Oil Production ...Middle East

The Johan Castberg oilfield in the Barents Sea has reached full capacity of 220,000 barrels per day (bpd), operator Equinor said on Friday, noting that peak capacity has been reached just three months after the field in Norway’s Arctic waters came on stream. Seventeen of a total of 30 wells have now been completed. The wells that have come on stream are producing as expected, Equinor said. At the end of March, Equinor started up the Johan Castberg oilfield, following several months of delays due to inclement winter weather in the waters of…

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