17/02/2021
In the updated Resource Accounts, the Norwegian Petroleum Directorate projects that there are 8 billion standard cubic metres of oil equivalent (Sm3 o.e.) remaining resources on the Norwegian continental shelf (NCS).
This corresponds to 19 times the volume that will be produced from the Johan Sverdrup field in the North Sea.
The Resource Accounts are an overview of the NPD’s estimated total proven and unproven petroleum resources on the NCS.
Of the remaining resources on the NCS, 4.2 billion Sm3 o.e, or 52 per cent, are proven. Unproven resources are estimated at 3.8 billion Sm3 o.e. About 60 percent of these are located in areas that are open to petroleum activities.
Total proven and unproven petroleum resources on the NCS are estimated at 15.8 billion Sm3 o.e. This is 28 million more than as of 31 December 2019.
According to May Karin Mannes, the NPD's Director analysis and data management, 49 per cent of the resources, or 7.8 billion Sm3 o.e, have been sold and delivered.
Production on the Norwegian shelf in 2020 was 229 million Sm3 o.e.
17/04/2024
In June 2022, the Norwegian Offshore Directorate published data collected up to 2022. The Directorate is now releasing deep sea data gathered from 2022 to 2024.
17/04/2024
The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year.
17/04/2024
Vår Energi has made an oil discovery in "Ringhorne Nord" (wells 25/8-23 S and 25/8-23 A & B), north of the Ringhorne Øst field, 200 kilometres northwest of Stavanger.
03/04/2024
The Norwegian Offshore Directorate has granted Wintershall Dea Norge AS drilling permit for well 35/11-27 S in production licence 248, cf. Section 13 of the Resource Management Regulations.
26/03/2024
Seabed minerals represent a new and exciting opportunity for Norway, and a chance for us to be a pioneer nation – much like we have been within the oil and gas industry, both as regards stewardship of resources and development of technology.
25/03/2024
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for well 24/6-5 in production licence 203, cf. Section 13 of the Resource Management Regulations.
22/03/2024
Nearly all petroleum industry executives believe that the Norwegian Offshore Directorate is achieving its objective to contribute to the greatest possible value for the broader society from the oil and gas industry.