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Exploration activity has been profitable in all ocean areas

A Norwegian Offshore Directorate analysis of exploration activity over the last 20 years (2004-2023) shows that the discoveries are valued at three times the costs expended.
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Production figures October 2024

20/11/2024 Preliminary production figures for October 2024 show an average daily production of 1 988 000 barrels of oil, NGL and condensate.

Oil and gas discovery in the North Sea (35/11-30 S and 35/11-30 A)

14/11/2024 Equinor and its partners have made an oil and gas discovery in wildcat wells 35/11-30 S and 35/11-30 A (“Rhombi”) in the North Sea.

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Oil production 2024

Liquid production 2024

Gas production 2024

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