This list of oil and gas fields of the North Sea contains links to oil and natural gas reservoirs beneath the North Sea.In terms of the oil industry, "North Sea oil" often refers to a larger geographical set, including areas such as the Norwegian Sea and the UK "Atlantic Margin" (west of Shetland) which are not, strictly speaking, part of the North Sea. It is located in the Tampen area, immediately north of the UK's Brent field. Mobil discovered the field in 1974. Statfjord was a key part of the long oil boom that underpinned Norway's transformation into the world's wealthiest nation (on a per-capita basis). The biggest licensee, Statoil, received the first cargo, while the next went to Conoco as the second largest. Statfjord straddles the UK/Norway median line, and has been unitised between the countries. It is a trans-median field crossing the Norwegian and UK North Sea Boundary with approximately 15% being in the UK Continental Shelf waters. Snorre produces oil from Triassic and Lower Jurassic sandstone in the Alke and Lunde Formations and the Statfjord Group. Statfjord has gone from its original status as an oil field to the present, where mainly gas is produced and is sent to customers on the Continent and in the UK. Statfjord, oil and gas field in the North Sea, shared by Norway and the United Kingdom. It lies about 112 miles (180 km) west of Sogn Fjord, on the western coast of Norway, and about 118 miles (190 km) northeast of the Shetland Islands.When Statfjord was discovered in 1974, it was the largest oil discovery in the North Sea to date. The offshore oil and gas field that straddles the Norway/UK boundary is planned for an operational life extension until 2040. The Statfjord oil field is an enormous oil and gas field covering 580 km 2 in the U.K.-Norwegian boundary of the North Sea at a water depth of 145 m, discovered in 1974 by Mobil and since 1987 operated by Statoil.. The field has been developed using three large concrete platforms. Clair oil field, the biggest oil field in the North Sea and Europe, is also the biggest hydrocarbon resource being developed on the UK Continental Shelf (UKCS). Total crude production is approximately 160 kbd, of which ExxonMobil markets approximately 25 kbd. The reservoir is at a depth of 2,000-2,700 metres and has a complex structure with both channels and flow barriers. An agreement was entered into on how the various tanker cargoes from Statfjord were to be apportioned between the licensees in order to ensure that they got their correct share of oil output. Since start-up in 1979, Statfjord field has generated NOK1,600 billion ($180.2 billion) in revenues, and remains Norway’s largest discovery to date, with reserves of close to 9 Bboe. The field is being developed with three fully integrated, concrete gravity-based Condeep platforms. Lying in 150m of water, approximately 75km west of the Shetland Islands, the field was discovered in 1977 and started producing oil in 2005. The field consists of several large fault blocks. Equinor operates the Norwegian section of the giant Statfjord oil and gas field. Statfjord is the largest producing field in the North Sea, and it is supplemented by crude from Norway's Snorre field, which came onstream in 1992. Produced oil is offloaded to shuttle tankers with the gas piped to Norway and the UK. The Statfjord field in the northern part of the North Sea on the U.K./Norwegian boundary is the largest oil producing field in Europe. The Statfjord field producing since 1979 was one of the biggest oil fields on the Norwegian continental shelf. 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