One krone invested in exploration generates a return of four kroner
7/7/2026 Exploration on the Norwegian continental shelf (NCS) is highly profitable. Over the past 25 years, capital invested in exploration has generated a fourfold return.
Subsurface clarity
7/2/2026 Everything was simpler before. The geologists observed a “bump”(dome) below the seabed, the rig took up position and drilled in the middle. Today, everything is more akin to computer games.
Drilling permits
Drilling permit for wellbore 35/6-7 S
7/13/2026
The Norwegian Offshore Directorate has granted Vår Energi ASA drilling permit for wellbore 35/6-7 S in production licence 929.
Drilling permit for wellbore 25/8-24 S
7/13/2026
The Norwegian Offshore Directorate has granted Vår Energi ASA drilling permit for wellbore 25/8-24 S in production licence 1203.
Drilling permit for wellbore 36/7-6 S
7/9/2026
The Norwegian Offshore Directorate has granted Energi ASA drilling permit for wellbore 36/7-6 S in production licence 636.