Statfjord, one of the North Sea’s oldest and largest oil fields, has during these years produced oil and gas worth a total of NOK 1,200 billion. That is equivalent to half the value of the Norwegian Government Pension Fund.

The platform deck for Statfjord B under construction at the Rosenberg yard, outside Stavanger. Two giants meet when the Queen Elizabeth II sails into the fjord on 10 July 1980. (Photo: Leif Berge, Statoil)

Statfjord has had great significance for the development of Statoil. The discovery of the Statfjord field was announced by the Norwegian Petroleum Directorate on 26 February 1974 and Mobil Exploration Norway was appointed as operator. Many years later, on 1 January 1987, the operatorship was transferred from Mobil to Den norske stats oljeselskap (Statoil).

The field has been developed with the Statfjord A, B and C production platforms, which all have concrete gravity base structures incorporating storage cells.
Statfjord A began production on 24 November 1979.
Statfjord B followed on 5 November 1982, and Statfjord C came on stream on 26 June 1985.

We brought this big North Sea oil field on stream on 24 November 1979. Today we are operating a field where 65% of the total output is gas. A whole new era in Statfjord’s history has begun.