3. Technical potential
Even more to gain
Large quantities of petroleum on the Norwegian continental shelf cannot be recovered profitably today. That includes immobile oil and resources in tight reservoirs. Qualifying and adopting new technology could make producing part of these assets Commercial.
Technical resources are the quantities which could potentially be recovered with technology which has yet to be tested or qualified for use on the Norwegian continental shelf (NCS). Further research and testing which allow such solutions to be adopted is important. This work must done in time to ensure that possible profitable resources are not lost
A big technical potential exists for enhanced oil recovery (EOR). This is estimated at 320-860 million scm in a study commissioned by the NPD and covering the 27 largest oil fields. Testing, qualifying and applying new and improved recovery methods is important for realising the potential
Substantial deposits of oil and gas are contained in tight reservoirs in various parts of the NCS. Such resources are challenging to produce. Developing and adopting new technology on the NCS could make recovering them profitable.