High activity level on the Norwegian shelf
21/07/2021 The activity level on the Norwegian continental shelf (NCS) has been high in the first six months of the year – despite the Covid situation. Eight discoveries have been made, production remains high, and many new development projects are on the drawing board.
Production figures June 2021
21/07/2021 Preliminary production figures for June 2021 show an average daily production of 1 883 000 barrels of oil, NGL and condensate,
“The resource diagram shows that we have produced 49 per cent of the recoverable resources on the shelf. This means that more than half remain to be discovered. Of course, it is impossible to say exactly how much is yet to be discovered, but our analyses indicate that it can be 24 per cent of the total. “Therefore, it is important to explore in all the sea areas”, says Director General Ingrid Sølvberg.