Who we are
Oil and gas
Located 120 km west of Bergen in Norway’s North Sea sector, Brage is a fixed integrated production, drilling and accommodation facility with a steel jacket. Drilling is at a seabed depth of 140 metres. Gas lift is used in most wells.
The Brage field holds 36.5 mmboe 2P reserves. Having reached peak production of 120 kboe per day in 1996, it is now in its tail-end phase. However, improved understanding of its reservoirs combined with an active drilling programme have extended field life. It currently produces around 15 kboe per day. Oil and gas production will remain economically viable for many years to come. Accordingly, the partners have applied to extend the licence beyond 2030.
Oil from Brage is exported via Oseberg Transport System (OTS) to the Sture terminal. Gas is exported via pipeline to the Kårstø processing plant.
Neptune Energy (4.4%), Wintershall (35.2%), Repsol Norge (33.9%), Faroe Petroleum Norge (14.3%), Point Resources (12.2%).