Today, 17 January, offers for 56 new production licences on the Norwegian continental shelf will be sent to 29 companies.
Statoil Petroleum AS, operator of production licence 128, is in the process of completing the drilling of wildcat well 6608/10-17 S.
Preliminary production figures for December 2016 show an average daily production of 2 094 000 barrels of oil, NGL and condensate, which is a decrease of 60 000 barrels per day (approx. 3 percent)...
Oil and gas production on the Norwegian shelf is high. The adjustment process has been extensive, but the cost reductions implemented by the industry will lay the foundation for profitable activity...