The total crude oil and condensate production of Europe increased by 3.41% in 2023 when compared with 2022. The largest oil producing countries in Europe are Norway, the UK, and Italy. Through to 2030, annual crude oil and condensate production is forecasted to decrease by a CAGR of 3.58%. GlobalData uses proprietary data and analytics to provide a complete picture of the global oil & gas fields segment. Buy the latest oil & gas fields profiles here.
In 2023, Norway had the highest crude oil production at 1.54mmbpd, followed by the UK at 0.62mmbpd and Italy at 0.1mmbpd. Here are the 10 largest crude oil fields in Europe by production in 2023, according to GlobalData’s Oil & Gas, Upstream Fields Database.
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1. Johan Sverdrup
Johan Sverdrup is located in North Sea, Norway. This crude oil field is owned by Aker BP ASA (31.57%), Equinor ASA (42.63%), Petoro AS (17.36%), TotalEnergies SE (8.44%) and operated by Equinor Energy AS. The field produced 0.71mmbpd in 2023 and recovered 40.63% of its total recoverable crude oil and condensate reserves, with peak production in 2023. The peak production was approximately at 0.71mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 27.33% of the total Europe daily crude oil and condensate output. Buy the profile here.
2. Snorre
Snorre is located in North Sea, Norway. This crude oil field is owned by BASF SE (5.74%), Eni SpA (12.91%), Equinor ASA (33.28%), HitecVision AS (5.64%), Idemitsu Kosan Co Ltd (4.75%), Inpex Corp (4.85%), LetterOne Holdings SA (2.83%), Petoro AS (30.00%) and operated by Equinor Energy AS. The field produced 0.09mmbpd in 2023 and recovered 77.55% of its total recoverable crude oil and condensate reserves, with peak production in 2003. The peak production was approximately at 0.23mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 3.64% of the total Europe daily crude oil and condensate output. Buy the profile here.
3. Oseberg
Oseberg is located in North Sea, Norway. This crude oil field is owned by ConocoPhillips (2.40%), Equinor ASA (49.30%), Petoro AS (33.60%), TotalEnergies SE (14.70%) and operated by Equinor Energy AS. The field produced 0.03mmbpd in 2023 and recovered 98.09% of its total recoverable crude oil and condensate reserves, with peak production in 1994. The peak production was approximately at 0.5mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2038. The field currently accounts for approximately 1.34% of the total Europe daily crude oil and condensate output. Buy the profile here.
4. Val D’Agri
Val D’Agri is located in Basilicata, Italy. This crude oil field is owned by Eni SpA (61.00%), Shell plc (39.00%) and operated by Eni SpA. The field produced 0.03mmbpd in 2023 and recovered 61.65% of its total recoverable crude oil and condensate reserves, with peak production in 2005. The peak production was approximately at 0.09mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2100. The field currently accounts for approximately 1.34% of the total Europe daily crude oil and condensate output. Buy the profile here.
5.Gina Krog
Gina Krog is located in North Sea, Norway. This crude oil field is owned by Equinor ASA (58.70%), Orlen SA (41.30%) and operated by Equinor Energy AS. The field produced 0.01mmbpd in 2023 and recovered 38.35% of its total recoverable crude oil and condensate reserves, with peak production in 2018. The peak production was approximately at 0.03mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2067. The field currently accounts for approximately 0.35% of the total Europe daily crude oil and condensate output. Buy the profile here.
6. Visund
Visund is located in North Sea, Norway. This crude oil field is owned by ConocoPhillips (9.10%), Equinor ASA (53.20%), Petoro AS (30.00%), Repsol SA (7.70%) and operated by Equinor Energy AS. The field produced 0.01mmbpd in 2023 and recovered 87.8% of its total recoverable crude oil and condensate reserves, with peak production in 2016. The peak production was approximately at 0.04mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2050. The field currently accounts for approximately 0.36% of the total Europe daily crude oil and condensate output. Buy the profile here.
7. Clair Ridge
Clair Ridge is located in West Shetland, United Kingdom. This crude oil field is owned by BP Plc (45.10%), Chevron Corp (19.42%), Harbour Energy PLC (7.50%), Shell plc (27.98%) and operated by BP Exploration Operating Co Ltd. The field produced 0.05mmbpd in 2023 and recovered 21.16% of its total recoverable crude oil and condensate reserves, with peak production in 2025. The peak production was approximately at 0.06mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 1.73% of the total Europe daily crude oil and condensate output. Buy the profile here.
8. Heidrun
Heidrun is located in Norwegian Sea, Norway. This crude oil field is owned by ConocoPhillips (23.99%), Eni SpA (3.61%), Equinor ASA (13.04%), HitecVision AS (1.57%), Petoro AS (57.79%) and operated by Equinor Energy AS. The field produced 0.04mmbpd in 2023 and recovered 90.62% of its total recoverable crude oil and condensate reserves, with peak production in 1997. The peak production was approximately at 0.23mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2040. The field currently accounts for approximately 1.63% of the total Europe daily crude oil and condensate output. Buy the profile here.
9. Fram
Fram is located in North Sea, Norway. This crude oil field is owned by Eni SpA (27.84%), Equinor ASA (45.00%), HitecVision AS (12.16%), Idemitsu Kosan Co Ltd (7.42%), Inpex Corp (7.58%) and operated by Equinor Energy AS. The field produced 0.02mmbpd in 2023 and recovered 66.07% of its total recoverable crude oil and condensate reserves, with peak production in 2009. The peak production was approximately at 0.06mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2066. The field currently accounts for approximately 0.58% of the total Europe daily crude oil and condensate output. Buy the profile here.
10. Tempa Rossa
Tempa Rossa is located in Basilicata, Italy. This crude oil field is owned by Mitsui & Co Ltd (25.00%), Shell plc (25.00%), TotalEnergies SE (50.00%) and operated by Total E&P Italia SpA. The field produced 0.04mmbpd in 2023 and recovered 18.13% of its total recoverable crude oil and condensate reserves, with peak production in 2024. The peak production was approximately at 0.04mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2087. The field currently accounts for approximately 1.38% of the total Europe daily crude oil and condensate output. Buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
