Gyda Oil Field

Gyda (Norwegian: Gydafeltet) is an offshore oil field located in the southern Norwegian section of the North Sea, along with the Ula, Tambar and Tambar East fields making up the UGT area, usually attributed to DONG Energy's main areas of exploration and production activity.

[1] The field contains confirmed 39.6 million m3 of oil and 6.6 billion cubic meter of natural gas.

[1] Originally developed by BP, in 2003 it sold its interests (61%) in the Gyda Oil Field to the Canada-based Talisman Energy for $90 million.

The main reservoir stands at 4,000 m (13,000 ft) in the Upper Jurassic Ula Formation.

[6] The field also produces excessive amount of water making the oil production stable.